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4314 Rc Gorman Loop, Las Cruces, NM, 88011

--beds
--baths
--sqft
$190,000
--price/sqft
$1,273/moest. monthly cost
$50,920/yrincome needed

About This Home

Don't miss out on the opportunity to live in Santa Milagro Subdivision. One-acre plus homesites are an absolute gem, offering the perfect canvas for you to build your dream home. These lots have Las Cruces City water, Gas, El Paso Electric, and septic tanks are required. Plus, it's situated on a paved street, adding to the overall accessibility & charm of the area. Minimum of 1900 square feet. Take the time to visit this exceptional subdivision & witness its true potential firsthand.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

5/10
6/10
Zia Middle SchoolGrades 6-84.4 mi
3/10
Early College High SchoolGrades 9-122.4 mi

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Res Lots - Complex,Land

Property

Details

  • Parcel number: 4010139503430
  • Attached to another structure: Yes
  • Other equipment: None

Features

  • Topography of land: Desert,Rolling

Lot

  • Lot size: 1.53 Acres
  • Features: Lot Improvements: Curb And Gutter
  • Lot size dimensions: 1.51 to 2 AC

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 FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Hail
Heat Wave
Wildfire

FEMA Declared Disasters in Doña Ana 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 $960$11,520
Home Insurance *$64$768
Property Taxes $101$1,212
Electricity $148$1,780
Total$1,273$15,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,645/yr
40% on housing$38,190/yr
45% on housing$33,946/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 88011$202
Doña Ana County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 88011$197
Doña Ana County$182

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
2024-02-14Listed for sale$190,000

For Sale by Agent

AgentTobe Turpen
BrokerageBHGRE Steinborn & Associates

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