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903-907 Main St, Magdalena, NM, 87825

1beds
1baths
592sqft
$155,000
$262price/sqft
$1,160/moest. monthly cost
$46,400/yrincome needed

About This Home

Don't pass this opportunity to own three rental units in Magdalena. These units have been well maintained and have had recent renovation done. Each of the units has one bedroom and 3/4 bath, Kitchen, and Living Room and private courtyard, Approximately 590 square feet of living area in each unit. All units have had Interior and Exterior painting done. Unit 903 has newer Hot water heater and no Fireplace. Unit 905 Has New (2025) Appliances and has Fireplace. Unit 907 Has Fireplace. Units are located at the southern end of Magdalena with great views of the mountains. Quite often deer can be seen walking past the units into town. Dark skies can be enjoyed can be enjoyed from the private courtyard for each unit. Ease of maintenance on .14-acre lot.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

2/10
2/10
Magdalena Middle SchoolGrades 6-80.7 mi
2/10
Magdalena High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1968

Materials

  • Foundation: Slab
  • Roof: Metal,Pitched
  • Construction materials: Block,Wood Siding,Rock

Type & Style

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

Interior

Appliances

  • Appliances included: Free-Standing Gas Range,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Main Level Primary,Shower Only,Separate Shower,Sunken Living Room
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Brick,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Forced Air,Propane
  • Cooling features: None

Interior Area

  • Total structure area: 592
  • Total interior livable area: 592 sqft

Kitchen

  • Level: Main
  • Area: 112.5

Living Room

  • Level: Main
  • Area: 165

Primary Bedroom

  • Level: Main
  • Area: 112.5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0121160101
  • Zoning: Out of MLS Area
  • Zoning description: RR

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Courtyard

Lot

  • Lot size: 6,098 sqft
  • Features: Corner Lot,Landscaped

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

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Lightning
Wildfire
Winter Weather
Inland Flooding

FEMA Declared Disasters in Socorro 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 $783$9,396
Home Insurance *$155$1,860
Property Taxes $74$888
Electricity $148$1,780
Total$1,160$13,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,771/yr
40% on housing$34,800/yr
45% on housing$30,933/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$262This listing

vs Other Active Listings

Avg $/sqft

ZIP 87825$137
Socorro County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 87825
Socorro County$119

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
2026-07-27Price change$155,000
2026-07-24Listed for sale$149,000
2026-06-06Pending sale$149,000
2026-04-06Listed for sale$149,000
2025-12-16Listing removed$169,000
2025-11-07Listed for sale$169,000
2025-10-24Listing removed$179,000
2025-09-13Price change$179,000
2025-06-24Listed for sale$195,000

For Sale by Agent

AgentDonald James Auge
BrokerageColdwell Banker Legacy

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