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16921 Us Highway 550, Aztec, NM, 87410

6beds
4baths
--sqft
$375,000
--price/sqft
$2,358/moest. monthly cost
$94,320/yrincome needed

About This Home

''Inca Gold'' offers a rare multi-family investment opportunity on 10.38 irrigated acres located on the site of the historic stagecoach stop and rail town of Inca, NM, just 19 minutes from Durango, CO and 13 minutes from Aztec, NM. This property features two existing residential units with the potential to add numerous RV or mobile home sites, creating a highly versatile income-producing asset. The first unit is a 1977 Schultz 14x66 with a 455-square-foot addition, featuring three bedrooms, two baths, two living areas, a kitchen with a gas stove, a primary suite with en suite bath, and two covered porches. The second unit is a 2000 Palm Harbor 16x76 with three bedrooms and two baths, ready for renovation or immediate rental. Both homes are fully connected to a domestic well, and propane is provided for free to the west home. Natural gas and community water taps are available at the property line, providing flexibility for additional units or expansion. A detached 1,800-square-foot garage and workshop with an 800-square-foot cellar offers additional storage or rental possibilities. The property also includes a metal shed and greenhouse with propane heaters, supporting year-round agricultural use or extra tenant amenities. The irrigated land, equipped with 10-inch piping, pumps, and sprinklers, is ideal for gardening, livestock, or other value-added uses. With ample space for RV or mobile home placement, open pastures, and established apricot and peach trees, this property presents a rare opportunity to expand beyond the existing two units and create a robust multi-family community. Its strategic location near highways, easy access to Durango and Aztec, and strong water infrastructure make this an ideal long-term investment for developers or entrepreneurs seeking both immediate income and future growth potential.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
5/10
2/10
Aztec High SchoolGrades 9-129.1 mi

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Evaporative Cooling,Window Unit(s)

Property

Details

  • Zoning description: None - County

Features

  • Levels: One
  • Stories: 1

Parking

  • Parking features: Garage
  • Has garage: 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
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Landslide
Wildfire

FEMA Declared Disasters in San Juan 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 $1,896$22,752
Home Insurance *$152$1,824
Property Taxes $162$1,944
Electricity $148$1,780
Total$2,358$28,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,845/yr
40% on housing$70,740/yr
45% on housing$62,880/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: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 87410$237
San Juan County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 87410$172
San Juan County$178

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
2026-05-20Price change$375,000
2026-05-04Price change$389,000
2025-11-01Price change$399,000
2025-09-27Listed for sale$432,000

For Sale by Agent

AgentAllen Elmore
BrokerageEXP Realty, LLC

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