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75 Margarita Ave #Nr-1, Veguita, NM, 87062

1beds
1baths
200sqft
$29,000
$145price/sqft
$337/moest. monthly cost
$13,480/yrincome needed

About This Home

Charming and recently built tiny home for sale! This charming unit is currently leased with a tenant in place and potential of a lease extension through 2027! Designed with essential modern amenities such as a 6000 BTU air conditioner, a mini fridge, solar panels (2048 Wh eco flow 440), a state-of-the-art compost toilet with automatic seat warmer, a shower paired with a 6 gallon water heater (located outside), and a 500 gallon water tank. Wake up to panoramic sunrise views, enjoy quiet days under big blue skies, and wind down with incredible stargazing in the quiet of rural Veguita. Land does not convey with the sale of the home, this sale is the unit NR 1 only. Land lease is in place if the new owner chooses to keep the home on the lot or home can be purchased and moved off the lot. Make this quaint home yours today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
7/10
Belen Middle SchoolGrades 7-813.2 mi
5/10
Belen High SchoolGrades 9-1213.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2025

Materials

  • Foundation: None,See Remarks
  • Roof: Metal,Pitched
  • Construction materials: Metal Siding,See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Main Level Primary,Separate Shower
  • Window features: Vinyl
  • Flooring: Laminate

Heating & Cooling

  • Heating features: None
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 200
  • Total interior livable area: 200 sqft

Property

Details

  • Parcel number: 000000000000
  • On leased land: Yes
  • Lease amount: 200
  • Zoning description: R-1

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None
  • Has view: Yes

Lot

  • Features: Meadow,Few Trees,Views

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
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Drought
Hail
Winter Weather
Cold Wave
Ice Storm
Wildfire

FEMA Declared Disasters in Socorro 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 $146$1,752
Home Insurance *$29$348
Property Taxes $14$168
Electricity $148$1,780
Total$337$4,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$11,554/yr
40% on housing$10,110/yr
45% on housing$8,986/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$145This listing

vs Other Active Listings

Avg $/sqft

ZIP 87062$354
Socorro County$148

vs Homes Sold Last Month

Median $/sqft

ZIP 87062
Socorro County$119

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
2026-07-30Listed for sale$29,000

For Sale by Agent

AgentHayley A McInnes
BrokerageRealty One of New Mexico

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