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1403 W Fox St, Carlsbad, NM, 88220

--beds
--baths
--sqft
$300,000
--price/sqft
$2,000/moest. monthly cost
$80,000/yrincome needed

About This Home

INVESTMENT OPPORTUNITY with this unique property! The front home is a charming 2-bedroom 1 bath residence, recently updated with new flooring, fresh paint, and thoughtful touches, making it turn-key ready for immediate occupancy or rental. Additionally, the small studio presents the potential for further cash flow through updates or can serve as a cozy guest room for visiting friends and family. This studio has not been updated. The back home, a well-maintained 3-bedroom, 1-bath home is currently rented, offering consistent income and has also received updates it has a separate driveway and parking. The homes sit on 2 large lots with lots of room to grow. This property truly has it all, endless possibilities for investors or homeowners. Schedule your appointment today.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

10/10
2/10
6/10
Carlsbad High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1960

Materials

  • Construction materials: Siding

Type & Style

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

Interior

Features

  • Ceiling Fan(s)
  • Flooring: Laminate,Tile

Heating

  • Heating features: Forced Air

Property

Details

  • Parcel number: 4156127333359 & 4156

Features

  • Stories: 1
  • Patio & porch: Patio
  • Frontage length: 185.0

Lot

  • Lot size: 0.42 Acres
  • Lot size dimensions: 185.0x100.0

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

  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Winter Weather
Inland Flooding
Lightning
Strong Wind
Cold Wave
Hail
Heat Wave
Ice Storm

FEMA Declared Disasters in Eddy 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 $1,516$18,192
Home Insurance *$224$2,688
Property Taxes $112$1,344
Electricity $148$1,780
Total$2,000$24,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,571/yr
40% on housing$60,000/yr
45% on housing$53,333/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
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 88220$152
Eddy County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 88220$193
Eddy County$184

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
2026-06-26Listed for sale$300,000
2020-12-21Sold--

For Sale by Agent

AgentVeronica Methola
BrokerageCentury 21 Dunagan Associates

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