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272 State Road 75, Dixon, NM, 87527

2beds
2baths
1,300sqft
$349,000
$268price/sqft
$2,155/moest. monthly cost
$86,200/yrincome needed

About This Home

Creek access, over 4 acres, duel electric meters and irrigation all INCLUDED! This beautiful property includes an updated home built in the traditional style with over 4 acers of irrigated land. With plenty of room to start that hobby farm you’ve always been dreaming of or bring in a second dwelling for a multifamily area, this property includes endless possibilities. The property was recently updated to include new flooring, cabinets, countertops, bathrooms, paint and a new roof. The only thing it’s lacking is those final touches to make it your own. The layout offers loads of light along with an energy saving construction style. In addition to the main house attached is a 150 square foot enclosed art studio perfect for channeling the inter artist or reading a good book while enjoying the natural light. This property is well suited as a primary residence to enjoy the Dixon area year-round or makes for the perfect second home. The 4 acres currently supports a handful of mature fruit trees and irrigated soil to plant further. You won’t want to miss out on this property.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

5/10
Dixon Elementary SchoolGrades K-60.5 mi
5/10
6/10
Espanola Valley High SchoolGrades 9-1215.8 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi-Level
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Interior Steps

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Refrigerated,Window Unit(s)

Interior Area

  • Total structure area: 1,300
  • Total interior livable area: 1,300 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 1057134417221
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Living area range: 1,251-1,500

Lot

  • Lot size: 4 Acres

Parking

  • Total spaces: 4
  • Parking features: None

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
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Landslide
Winter Weather

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 $1,764$21,168
Home Insurance *$180$2,160
Property Taxes $63$756
Electricity $148$1,780
Total$2,155$25,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,885/yr
40% on housing$64,650/yr
45% on housing$57,466/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

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 87527
Rio Arriba County$711

vs Homes Sold Last Month

Median $/sqft

ZIP 87527$149
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)

Price History

DateEventPrice
2026-04-29Listed for sale$379,000
2024-09-30Listing removed$379,000
2024-06-25Listed for sale$379,000
2024-06-12Pending sale$379,000
2024-05-20Price change$379,000
2024-04-08Listed for sale$389,000
2024-02-27Listing removed--
2023-11-27Listed for sale$399,000
2023-07-01Listing removed--
2023-06-06Price change$410,000
2023-05-04Price change$435,000
2023-02-22Price change$445,000
2022-12-28Price change$451,900
2022-12-08Price change$460,000
2022-09-27Listed for sale$390,000
2022-07-01Listing removed--
2022-04-14Listed for sale$475,000
2022-04-04Listing removed--
2022-02-19Listed for sale$510,000

For Sale by Agent

AgentJared English
BrokerageCongress Realty

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