196 Lower San Pedro Rd, Espanola, NM, 87532
About This Home
Perfect rural setting in Lower San Pedro. This house is in need of some tender loving care as it is a "Diamond in the Rough" and would be a great opportunity to work with a "Rehab" loan if working with a lender. 2.8 Acre Feet of surface water rights for irrigating will convey with the property. One owner home by the current family through all these years. A quiet and pleasant location to begin your dreams of home ownership. The house does have an unfinished basement which is approximately 10' x 12' in area, located under the master bedroom. There is a trap door located under the window.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Unknown
- Year built: 1932
Materials
- Roof: Metal
- Construction materials: Adobe,Frame,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Multi-Level,Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Features
- Interior Steps
- Flooring: Carpet,Vinyl
- Number of fireplaces: 1
- Fireplace features: Insert
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace(s),Natural Gas,Space Heater
- Cooling features: None
Interior Area
- Total structure area: 2,437
- Total interior livable area: 2,437 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: R011563
- Zoning description: Rural Residential
- Special condition: Standard
- Other equipment: Irrigation Equipment
Features
- Levels: Two,Multi/Split
- Stories: 1
- Pool features: None
- Living area range: 2,001-2,500
Lot
- Lot size: 0.39 Acres
Parking
- Total spaces: 4
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
- Lightning
- Wildfire
- Cold Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Rio Arriba 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 | $1,511 | $18,132 |
| Home Insurance * | $112 | $1,344 |
| Property Taxes | $54 | $648 |
| Electricity | $173 | $2,079 |
| Total | $1,850 | $22,200 |
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 |
|---|---|---|
| 2026-07-27 | Listed for sale | $299,000 |
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