




1033 N Mesa St, Carlsbad, NM, 88220
About This Home
Great opportunity for investors or buyers looking to create value! This unique property package includes a primary home plus two additional houses centrally located in the heart of town. Each structure is in need of repairs and updates, offering a blank canvas for renovation, rental income potential, or multi-generational living. Conveniently positioned near shopping, dining, schools, and everyday amenities, the location is a standout feature—making future resale or rental highly attractive. Whether you’re looking to restore the homes to their full potential, develop income-producing properties, or take on your next renovation project, this property offers endless possibilities. Bring your vision and transform this multi-home investment into something special! Contact your favorite Realtor for a private tour. Tenant Rights Apply so please allow 24 hour notice
Getting Around
Schools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Slab
- Roof: Pitched,Shingle
- Construction materials: Frame,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Attic,Ceiling Fan(s)
- Flooring: Carpet,Laminate
Heating & Cooling
- Heating features: Forced Air,Electric
- Cooling features: Electric,Central Air
Interior Area
- Total structure area: 898
- Total interior livable area: 898 sqft
Property
Details
- Parcel number: 4157126018312
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Back Yard,Block,Fenced
Lot
- Lot size: 5,998 sqft
- Features: Sidewalk
Parking
- Parking features: No Garage
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
- Winter Weather
- Ice Storm
- Lightning
- Strong Wind
- Cold Wave
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Eddy 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 | $1,744 | $20,928 |
| Home Insurance * | $258 | $3,096 |
| Property Taxes | $129 | $1,548 |
| Electricity | $148 | $1,780 |
| Total | $2,279 | $27,348 |
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 |
|---|---|---|
| 2026-04-07 | Listed for sale | $360,000 |
