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1033 N Mesa St, Carlsbad, NM, 88220

2beds
1baths
898sqft
$345,000
$384price/sqft
$2,279/moest. monthly cost
$91,160/yrincome needed

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

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

8/10
Sunset Elementary SchoolGrades 1-50.5 mi
8/10
6/10
Carlsbad High SchoolGrades 9-121.6 mi

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
    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 $1,744$20,928
Home Insurance *$258$3,096
Property Taxes $129$1,548
Electricity $148$1,780
Total$2,279$27,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,137/yr
40% on housing$68,370/yr
45% on housing$60,773/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

$384This 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)

Price History

DateEventPrice
2026-04-07Listed for sale$360,000

For Sale by Agent

AgentRhiannah Rodriguez
BrokerageCentury 21 Dunagan Associates

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