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300 Catfish Rd, Elephant Butte, NM, 87935

4beds
4baths
3,289sqft
$1,395,000
$424price/sqft
$9,192/moest. monthly cost
$367,680/yrincome needed

About This Home

Once in a lifetime opportunity!

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

5/10
Sierra Elementary SchoolGrades 4-53.1 mi
4/10
T Or C Middle SchoolGrades 6-83.2 mi
5/10
Hot Springs High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 2014

Materials

  • Roof: Membrane
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Partial bathrooms: 1

Features

  • Ceiling Fan(s),Central Vacuum,Fireplace,Loft,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
  • Door features: Sliding Doors
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 3,289
  • Total interior livable area: 3,289 sqft

Property

Details

  • Parcel number: 3019073241445

Features

  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Lighting,Outdoor Kitchen,Rain Gutters,Sidewalk,Water Feature,Deck
  • Topography of land: Irregular Lot
  • Horses can be raised: Yes

Lot

  • Lot size: 0.87 Acres

Parking

  • Total spaces: 8
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather
Cold Wave
Drought
Hail
Wildfire

FEMA Declared Disasters in Sierra 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 $7,053$84,636
Home Insurance *$1,244$14,928
Property Taxes $662$7,944
Electricity $233$2,806
Total$9,192$110,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$315,154/yr
40% on housing$275,760/yr
45% on housing$245,120/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -3.5%
-3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$424This listing

vs Other Active Listings

Avg $/sqft

ZIP 87935$120
Sierra County$109

vs Homes Sold Last Month

Median $/sqft

ZIP 87935
Sierra County$147

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

DateEventPrice
2026-04-20Price change$1,450,000
2026-02-27Price change$1,395,000
2025-09-19Price change$1,450,000
2025-08-15Pending sale$1,500,000
2025-05-18Listed for sale$1,500,000
2025-05-09Pending sale$1,500,000
2025-05-09Listed for sale$1,500,000
2025-02-06Pending sale$1,500,000
2024-10-29Listed for sale$1,500,000

For Sale by Agent

AgentVance Kabella
BrokerageColdwell Banker Legacy - Acad

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