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904 Carrizo Canyon Rd #129, Ruidoso, NM, 88345

1beds
1baths
480sqft
$135,000
$281price/sqft
$965/moest. monthly cost
$38,600/yrincome needed

About This Home

Welcome to your perfect getaway! This charming 1-bedroom 1-bathroom condo is designed with both relaxation and family fun in mind. Situated on the first floor, this easily accessible & inviting space features a cozy bedroom for the adults and bunk beds in the hallway for the kids, ensuring everyone has a comfortable place to rest. Step out onto the back porch and take in the serene view of the stream--ideal for enjoying your morning coffee or unwinding after a day of mountain adventure. Wildlife such as deer, ducks, elk, and turkey frequent the area. Location, location, location! The complex is conveniently located just a short drive to Ruidoso's midtown shopping district and only 2 minutes drive to the Inn of the Mountain Gods Resort & Casino. Short-Term rentals allowed!

Getting Around

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

Schools

5/10
6/10
Ruidoso Middle SchoolGrades 6-83.2 mi
4/10
Ruidoso High SchoolGrades 9-123.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1984

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Cabin,Mountain,Other,Pueblo
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Water Heater,Microwave,Refrigerator

Bedrooms & Bathrooms

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

Features

  • Flooring: Laminate,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 480 sqft

Property

Details

  • Zoning: R3
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch,Covered,Balcony
  • Exterior features: Balcony,Other
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s),Creek/Stream,Trees/Woods
  • Has water view: Yes
  • Water view: Creek/Stream
  • On waterfront: Yes
  • Waterfront features: Creek,Stream,Waterfront

Lot

  • Features: Views,Wooded,Waterfront

Parking

  • Parking features: On Site,Paved,Parking Lot

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

  • Lightning
    LightningVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Inland Flooding
Ice Storm

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 $682$8,184
Home Insurance *$75$900
Property Taxes $60$720
Electricity $148$1,780
Total$965$11,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,085/yr
40% on housing$28,950/yr
45% on housing$25,733/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

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 88345$166
Lincoln County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 88345$266
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
2026-03-12Listed for sale$135,000
2026-03-02Listing removed$141,500
2025-08-27Price change$141,500
2025-04-04Price change$142,000
2025-02-22Listed for sale$145,000

For Sale by Agent

AgentShane B. Zimmerman
BrokerageFathom Realty NM

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