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903 N Thomas St, Carlsbad, NM, 88220

2beds
1baths
1,001sqft
$195,000
$195price/sqft
$1,675/moest. monthly cost
$67,000/yrincome needed

About This Home

Welcome to 903 N Thomas Street! This cute and cozy home offers 1,001 square feet of comfortable living space, featuring 2 bedrooms and 1 bathroomperfect for a first-time buyer, downsizer, or investment opportunity. Inside, youll find charming hardwood flooring in the bedrooms, with durable tile in the kitchen and dining area. The kitchen provides ample cabinet space, making storage and organization easy, while the adjoining dining area creates a functional space for everyday meals. Step just off the kitchen into an enclosed patioideal for a hobby area or a relaxing retreat. The property also includes a detached garage for added convenience and storage. Centrally located, this home offers easy access to nearby amenities, shopping, and dining. With a little TLC, this property has great potential to truly shine.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
Sunset Elementary SchoolGrades K-50.3 mi
8/10
6/10
Carlsbad High SchoolGrades 9-121.3 mi

Construction

Materials

  • Roof: Pitched
  • Construction materials: Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Tile

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,001
  • Total interior livable area: 1,001 sqft

Property

Details

  • Parcel number: 4156126473481
  • Zoning description: R-1 Residential

Features

  • Patio & porch: Patio Covered
  • Fencing: Block,Cross Fenced
  • Frontage length: 60.0
  • Topography of land: Block, Cross Fenced

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 60.0x125.0

Parking

  • Total spaces: 1
  • Parking features: Garage,Open
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: 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
    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 $986$11,832
Home Insurance *$145$1,740
Property Taxes $396$4,752
Electricity $148$1,780
Total$1,675$20,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,428/yr
40% on housing$50,250/yr
45% on housing$44,666/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

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 88220$153
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
2026-07-15Price change$195,000
2026-06-23Listed for sale$198,000

For Sale by Agent

AgentTaylor Walterscheid
BrokerageKeller Williams Realty Affinity

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