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265 El Valle Loop, San Patricio, NM, 88348

1beds
1baths
400sqft
$485,000
$1,213price/sqft
$2,961/moest. monthly cost
$118,440/yrincome needed

About This Home

Nestled along the river, this stunning 14 - acre parcel offers peace and potential. Picture 8.2 acres of cherished senior water rights perfect for irrigation of your apple orchard or a thriving homestead. A cozy tiny house sits above the orchard ready for your vision of Paradise. Property is fully fenced. Tiny house needs septic tank. 2 extra storage buildings including horse stall & storage on one side. Come Be A Part of Our Beautiful Valley.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2023

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Full bathrooms: 1

Property

Lot

  • Lot size: 14.17 Acres

Parking

  • Parking features: Circular Driveway,Gravel,On Site,RV Access/Parking
  • Has uncovered spaces: Yes

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 WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Hail
Ice Storm
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 $2,452$29,424
Home Insurance *$143$1,716
Property Taxes $218$2,616
Electricity $148$1,780
Total$2,961$35,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,520/yr
40% on housing$88,830/yr
45% on housing$78,960/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

$1,213This listing

vs Other Active Listings

Avg $/sqft

ZIP 88348$185
Lincoln County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 88348$218
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)

Price History

No price history available

New Construction

AgentRobin K Shackelford
BrokerageBerkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso

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