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11 Martingale Rd, Mimbres, NM, 88049

--beds
1baths
224sqft
$230,000
$1,027price/sqft
$1,845/moest. monthly cost
$73,800/yrincome needed

About This Home

Escape to wide-open New Mexico skies at this versatile rural property designed for RV living, extended stays, and flexible use. Located in the peaceful Mimbres Valley—just 30 minutes from Silver City—this unique setup features a custom tiny home, two full RV hookups, covered RV parking, horse-friendly space, and a dog run, making it an ideal retreat, rental opportunity, or full-time basecamp. The property includes an insulated shipping container, perfect for secure storage, a workshop, or gear protection. With level ground, easy access, and a thoughtful layout, it’s a true RV haven—ready for travelers, snowbirds, or anyone seeking a low-maintenance lifestyle surrounded by nature. The tiny home is well-equipped with keyless entry, a tankless water heater, and a mini-split unit for year-round comfort.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

1/10
4/10
Snell Middle SchoolGrades 6-811.9 mi
5/10
Cobre High SchoolGrades 9-1212.2 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Other
  • Roof: Metal
  • Construction materials: Frame,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Refrigerator
  • Laundry features: None

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate

Heating

  • Heating features: Other,Combination

Interior Area

  • Total structure area: 224
  • Total interior livable area: 224 sqft

Property

Details

  • Parcel number: R063313
  • Zoning description: Other - out of area
  • Special condition: None
  • Exclusions: sofa,small storage unit,storage unit (double door),green round pen,contents in large storage

Features

  • Exterior features: RV Hookup,Storage,See Remarks
  • Has view: Yes
  • View description: Mountain(s),Valley
  • Living area range: 1000 or Less

Lot

  • Lot size: 10.28 Acres
  • Features: Cul-De-Sac,Dead End,Native Plants,Rural Lot

Parking

  • Total spaces: 2
  • Parking features: Attached Carport,RV Access/Parking
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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
  • Wildfire
    WildfireVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Lightning
Winter Weather
Heat Wave
Landslide

FEMA Declared Disasters in Grant 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 $1,163$13,956
Home Insurance *$122$1,464
Property Taxes $412$4,944
Electricity $148$1,780
Total$1,845$22,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,257/yr
40% on housing$55,350/yr
45% on housing$49,200/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,027This listing

vs Other Active Listings

Avg $/sqft

ZIP 88049$252
Grant County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 88049$339
Grant County$198

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

DateEventPrice
2026-05-03Listed for sale$250,000
2008-08-27Sold--

For Sale by Agent

AgentJohanna R Gramer
BrokerageEnchantment Realty

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