1707 Puerto Rico Ave, Alamogordo, NM, 88310
About This Home
Rare opportunity!! In town and centrally located, a workshop lover's dream! If you're searching for the ultimate workshop property with monthly income this is it. This unique property offers a site-built home with 10+ year rental history, 2,600 square foot workshop, and over 1 acre of land. With so much to offer, let's break down the details! 1 bed 1 bath home, with ref air, and long-term tenant in place, providing immediate income potential. Refrigerator, gas range, and stackable washer and dryer convey. 2,600 square foot workshop featuring 2 oversized bays, an RV bay, and an additional standard garage entry. Each bay has tandem parking ability. The workshop includes an engine lift on an iron rail system, an air compressor, a parts washer, cabinetry, shelving, old school wood burning stove, electrical service, generator, and bathroom with toilet and sink. This workshop is ready for a mechanic, hobbyist, contractor, investor, or someone simply in need of substantial workspace and storage! Don't miss the opportunity to own this property with unlimited potential!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Stucco,Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Free-Standing Range/Oven,Gas Range/Oven,Washer
- Laundry features: Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 484
- Total interior livable area: 484 sqft
Property
Details
- Parcel number: R010797
- Zoning description: Single Family
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Chain Link
Lot
- Lot size: 1.03 Acres
- Features: Desert Front,Desert Back,1.01-2.5 Acre
Parking
- Total spaces: 3
- Parking features: No Carport,Garage,RV Access/Parking
- Has garage: Yes
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
- Lightning
- Winter Weather
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Otero County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,010 | $12,120 |
| Home Insurance * | $117 | $1,404 |
| Property Taxes | $93 | $1,116 |
| Electricity | $148 | $1,780 |
| Total | $1,368 | $16,416 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-02 | Listed for sale | $199,900 |
View on Zillow