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1308 W Church St, Carlsbad, NM, 88220

--beds
--baths
--sqft
$299,000
--price/sqft
$2,493/moest. monthly cost
$99,720/yrincome needed

About This Home

Take a look at this prime investment opportunity. This centrally located 4-plex is full of potential and already has 3 tenants in place, offering immediate income. This property definitely has potential for a high performing addition to your portfolio. Get it while it's still available.

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

8/10
Sunset Elementary SchoolGrades K-50.2 mi
8/10
6/10
Carlsbad High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Flat
  • Construction materials: Mission Stone

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 4156126354532

Lot

  • Lot size: 9,583 sqft

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
  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Ice Storm
Lightning
Strong Wind
Cold Wave
Hail
Heat Wave

FEMA Declared Disasters in Eddy 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 $1,511$18,132
Home Insurance *$223$2,676
Property Taxes $611$7,332
Electricity $148$1,780
Total$2,493$29,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,474/yr
40% on housing$74,790/yr
45% on housing$66,480/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
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 88220$152
Eddy County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 88220$193
Eddy County$184

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
2026-08-05Pending sale$299,000
2026-07-03Listed for sale$299,000
2026-01-24Listing removed$249,000
2025-12-12Pending sale$249,000
2025-12-08Listed for sale$249,000
2021-09-10Listing removed--
2021-08-08Listed for rent$595
2021-03-29Listing removed--
2020-12-28Price change$595
2020-10-09Price change$695
2020-07-30Price change$750
2020-05-13Listed for rent$850
2015-12-03Sold--
2014-08-27Sold--

For Sale by Agent

AgentChad Tabor
BrokerageEmpire Real Estate Group, LLC

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