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0 Highway 64, Tierra Amarilla, NM, 87575

--beds
--baths
--sqft
$418,000
--price/sqft
$2,578/moest. monthly cost
$103,120/yrincome needed

About This Home

Beautiful, Wooded with Tall mature Ponderosa Pine Trees! Only 1 mile off 84/64 onto HWY 64 headed towards Taos. Great views on the Northern New Mexico Mountains. Would make a perfect getaway from the Hustle of the Big City! Ranch currently recieves Elk Tags through the EPLUS - New Owners will have to re-apply with the state of NM.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Ranch,Farm

Property

Details

  • Parcel number: R045594 and R045595

Features

  • Topography of land: Mountain,Other

Lot

  • Lot size: 167.31 Acres

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
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought
Landslide

FEMA Declared Disasters in Rio Arriba 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 $2,113$25,356
Home Insurance *$241$2,892
Property Taxes $76$912
Electricity $148$1,780
Total$2,578$30,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,388/yr
40% on housing$77,340/yr
45% on housing$68,746/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: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 87575$2,791
Rio Arriba County$710

vs Homes Sold Last Month

Median $/sqft

ZIP 87575$127
Rio Arriba County$200

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
2025-06-21Price change$418,000
2025-01-09Listed for sale$420,000
2021-08-02Sold--

For Sale by Agent

AgentKimberly Hise
BrokerageRooted Realty Co.

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