See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1301 Santa Rita St, Silver City, NM, 88061

--beds
4baths
7,092sqft
$275,000
$39price/sqft
$2,075/moest. monthly cost
$83,000/yrincome needed

About This Home

IN TOWN OF SILVER CITY, 5 CITY LOTS, ALL CITY UTILITIES: Exciting space, a 7000 sq ft building, brimming with potential. Ideal for a dynamic range of ventures. Ample natural light, and park views. Perfect for a community center, art space, a fitness studio, or even a café with outdoor seating that spills into the park. The opportunities are endless. Seize the opportunity to create a vibrant, inspiring destination. The expansive square footage ensures ample room for meeting areas, private offices, collaborative zones, or multipurpose rooms that can be adapted to cater to different needs. A remarkable opportunity nestled adjacent to a lush and vibrant park, this expansive 7000 square foot building stands as a canvas of endless potential, poised to become a focal point of community engagement and innovation. The Hardwood floors, ANDTHERES A STAGE! Building backs up against Silva Creek and the San Vicente Trail great Location for Silver City New Mexico.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
La Plata Middle SchoolGrades 7-81.5 mi
4/10
Silver High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Metal
  • Construction materials: Brick,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Range

Bedrooms & Bathrooms

  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: None

Interior Area

  • Total structure area: 7,092
  • Total interior livable area: 7,092 sqft

Property

Details

  • Parcel number: R099668
  • Zoning description: Silver City - Res B 1 & 2
  • Special condition: None

Features

  • Living area range: 3100 +

Lot

  • Lot size: 0.75 Acres

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
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Wildfire

FEMA Declared Disasters in Grant 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 $1,390$16,680
Home Insurance *$94$1,128
Property Taxes $87$1,044
Electricity $504$6,050
Total$2,075$24,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,142/yr
40% on housing$62,250/yr
45% on housing$55,333/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$39This listing

vs Other Active Listings

Avg $/sqft

ZIP 88061$254
Grant County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 88061$195
Grant County$198

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
2025-10-28Listed for sale$275,000
2025-09-13Listing removed$299,000
2024-09-12Listed for sale$299,000

For Sale by Agent

AgentHelene R Holguin
BrokerageHome Town Real Estate

Similar Homes