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471 Morgan St, Truth Or Consequences, NM, 87901

1beds
1baths
600sqft
$99,000
$165price/sqft
$772/moest. monthly cost
$30,880/yrincome needed

About This Home

Fully remodeled inside and out, this charming one-bedroom, one-bath mobile home is being offered turnkey and fully furnished, making it an ideal opportunity for traveling nurse housing or short-term rental investors. Thoughtfully updated with granite countertops, new appliances, and modern finishes throughout, the home is completely move-in or rent-ready. Outside, enjoy a large, fully fenced yard with beautiful mountain views, perfect for relaxing or entertaining. A unique outdoor party barn / shed with electricity adds versatile space for gatherings, hobbies, storage, or creative use. Whether you’re seeking a low-maintenance personal retreat or a cash-flowing investment, this property offers immediate income potential with no setup required. A rare, fully furnished opportunity ready to perform from day one.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

3/10
T Or C Elementary SchoolGrades PK-32.1 mi
4/10
T Or C Middle SchoolGrades 6-81.8 mi
5/10
Hot Springs High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1981

Materials

  • Roof: Metal

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Other
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dryer,Microwave,Free-Standing Range,Refrigerator,Washer,Other

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Pantry
  • Window features: Drapes
  • Flooring: Vinyl,Wood

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 600
  • Total interior livable area: 600 sqft

Master Bathroom

  • Features: Separate Shower

Property

Details

  • Parcel number: 3023079139044

Lot

  • Lot size: 4,748 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Hail
Heat Wave

FEMA Declared Disasters in Sierra County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $500$6,000
Home Insurance *$77$924
Property Taxes $47$564
Electricity $148$1,780
Total$772$9,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,468/yr
40% on housing$23,160/yr
45% on housing$20,586/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -3.5%
-3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$165This listing

vs Other Active Listings

Avg $/sqft

ZIP 87901$103
Sierra County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 87901
Sierra County$147

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-20Price change$99,000
2026-02-04Listed for sale$110,000
2025-11-26Listing removed$114,900
2025-10-14Price change$114,900
2025-08-18Price change$125,000
2025-07-19Listed for sale$135,000

For Sale by Agent

AgentJared English
BrokerageCongress Realty, Inc.

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