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137 Midiron Dr #B-2, Alto, NM, 88312

4beds
3baths
1,926sqft
$560,000
$291price/sqft
$3,428/moest. monthly cost
$137,120/yrincome needed

About This Home

This beautifully updated and fully furnished 4 bedroom, 3 bath condo, located on the Alto Lakes Golf & Country Club includes a full golf membership and offers the perfect blend of comfort and style. The open floor plan features vaulted ceilings, a cozy woodburning fireplace, and a spacious dining area with beautiful views overlooking the golf course. Situated along the 9th fairway, the setting is both scenic and serene. The updated kitchen shines with updated countertops, new appliances and flooring throughout the main floor . One bedroom and full bath located on the main floor. 3 additional bedrooms and 2 full baths on the 2nd floor. The primary suite on the 2nd floor boasts a beautifully renovated bathroom. Outdoor patio on the main floor overlooking the golf course to enjoy.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Ruidoso Middle SchoolGrades 6-83.6 mi
4/10
Ruidoso High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1974

Materials

  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Water Softener Owned,Stainless Steel Appliance(s),Trash Compactor,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Ceiling Fan(s),Primary Downstairs,Open Floorplan,Recessed Lighting,Main Level Primary
  • Flooring: Carpet,Tile,Vinyl
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,926 sqft

Property

Details

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

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Association
  • Patio & porch: Patio
  • Has view: Yes
  • View description: Golf Course,Trees/Woods

Lot

  • Lot size: 1,306 sqft
  • Features: On Golf Course,Views

Parking

  • Parking features: Common,On Site,Paved

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
    LightningVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Ice Storm
Hail
Strong Wind

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 $2,831$33,972
Home Insurance *$197$2,364
Property Taxes $252$3,024
Electricity $148$1,780
Total$3,428$41,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,531/yr
40% on housing$102,840/yr
45% on housing$91,413/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

$291This listing

vs Other Active Listings

Avg $/sqft

ZIP 88312$255
Lincoln County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 88312$282
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)

Price History

DateEventPrice
2026-04-01Listed for sale$575,000

For Sale by Agent

AgentCynthia Nutter
BrokerageSouthern New Mexico Realty

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