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13 E Arroyo Alamo, Espanola, NM, 87532

2beds
1baths
1,200sqft
$450,000
$375price/sqft
$2,810/moest. monthly cost
$112,400/yrincome needed

About This Home

Small thick walled adobe home with 2 bedroom 1 bath on large parcel of land with 4.01 acres water rights. Home in need of some TLC being sold as is. Storage adobe building with 2 rooms also needs help. Has its own well. New septic will be required. Heater and stove is propane. Ideal for investor with possibility of being divided. Must check with Santa Fe County. Ideally located for easy commute to Santa Fe and Los Alamos.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

5/10
6/10

Construction

Condition

  • Property condition: Unknown

Materials

  • Roof: Metal
  • Construction materials: Adobe

Type & Style

  • Home type: SingleFamily
  • Architectural style: Northern New Mexico,Other,Ranch,See Remarks
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven,Range

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Beamed Ceilings,Interior Steps
  • Flooring: Brick,Vinyl,Wood

Heating & Cooling

  • Heating features: Propane Stove
  • Cooling features: None

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 184888576
  • Zoning: Rural Residential
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 1,001-1,250

Lot

  • Lot size: 6.03 Acres

Parking

  • Total spaces: 6
  • Parking features: None

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
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought

FEMA Declared Disasters in Santa Fe 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 $2,275$27,300
Home Insurance *$168$2,016
Property Taxes $219$2,628
Electricity $148$1,780
Total$2,810$33,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,342/yr
40% on housing$84,300/yr
45% on housing$74,933/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: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$375This listing

vs Other Active Listings

Avg $/sqft

ZIP 87532$166
Santa Fe County$366

vs Homes Sold Last Month

Median $/sqft

ZIP 87532$174
Santa Fe County$337

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
2026-04-22Listed for sale$450,000

For Sale by Agent

AgentHelen Milligan
BrokerageYucca Realty

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