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2099 Nm State Hwy #48, Capitan, NM, 88316

1beds
1baths
700sqft
$250,000
$357price/sqft
$1,657/moest. monthly cost
$66,280/yrincome needed

About This Home

ALSO ZONED COMMERCIALThis is such a unique property with so much potential that it had to describe it.Almost a full acre of beautiful land fully fenced with cross fencing in places. It has cute 1 bedroom 1 bath trailer encased in wood. Just steps away is a large shop/studio with electricity connected.It is a great opportunity to place tiny home or mobiles on the lot for extra income.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

6/10
Capitan Elementary SchoolGrades PK-50.6 mi
5/10
Capitan Middle SchoolGrades 6-80.6 mi
9/10
Capitan High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Other
  • Year built: 2006

Materials

  • Roof: Metal
  • Construction materials: Cedar

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Other
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Electric Water Heater,Gas Cooktop,Refrigerator,Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Stacked

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Eat-in Kitchen,Open Floorplan,Main Level Primary
  • Flooring: Laminate,Wood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total interior livable area: 700 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Zoning: C1
  • Special condition: Standard
  • Other equipment: None
  • Horse amenities: Pasture

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch,Covered,Deck,Front Porch
  • Exterior features: Storage
  • Fencing: Chain Link,Fenced,Full,Wood
  • Has view: Yes
  • View description: Mountain(s),Valley,Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 0.81 Acres
  • Features: Gentle Sloping,Interior Lot,Views,Wooded

Parking

  • Parking features: Gravel,Parking Lot,RV Access/Parking,Unpaved

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
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Hail
Ice Storm
Landslide
Strong Wind

FEMA Declared Disasters in Lincoln 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 $1,264$15,168
Home Insurance *$133$1,596
Property Taxes $112$1,344
Electricity $148$1,780
Total$1,657$19,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,811/yr
40% on housing$49,710/yr
45% on housing$44,186/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: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$357This listing

vs Other Active Listings

Avg $/sqft

ZIP 88316$129
Lincoln County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 88316$206
Lincoln County$275

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
2024-10-15Price change$250,000
2024-07-14Listed for sale$269,000

For Sale by Agent

AgentLinda Marie Long
BrokerageBerkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso

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