




110 Madrid St, Santa Teresa, NM, 88008
About This Home
The Prado floor plan offers 1,522 square feet of thoughtfully designed living space. A charming front porch leads into a bright, open interior filled with natural light. The modern design features a spacious kitchen with a convenient corner pantry and a large laundry room for added practicality. The heart of the home is the inviting great room, perfect for family gatherings or game nights with friends. The grand master suite is a standout, complete with a generous walk-in closet, providing a retreat within the home. Ideal for those seeking comfort and functionality, the Prado offers a well-balanced layout for everyday living.*Pictures are for illustration purposes only and pricing is subject to change
Getting Around
Schools
Construction
Condition
- New construction: Yes
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Architectural style: See Public Info
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior Area
- Total structure area: 1,522
- Total interior livable area: 1,522 sqft
Property
Details
- Parcel number: 4015166155438
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 0 to .24 AC
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Heat Wave
- Inland Flooding
- Winter Weather
- Cold Wave
- Drought
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Doña Ana County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,616 | $19,392 |
| Home Insurance * | $114 | $1,368 |
| Property Taxes | $170 | $2,040 |
| Electricity | $148 | $1,780 |
| Total | $2,048 | $24,576 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $319,590 |
