$65,000
- Land
- 0.1 Acre
- $650,000 per Acre
107 Lake View Ln, Elephant Butte, NM 87901
107 Lake View Ln, Elephant Butte, NM 87901
Frequently Asked Questions Why Live in Elephant Butte
Is Elephant Butte a good place to live?
Elephant Butte is a good place to live. Elephant Butte is considered very car-dependent and somewhat bikeable. Elephant Butte is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Elephant Butte has 3 parks for recreational activities. It has a median age of 66. The average household income is $63,566 which is below the national average. College graduates make up 16.9% of residents. A majority of residents in Elephant Butte are home owners, with 15.6% of residents renting and 84.4% of residents owning their home. A local real estate agent serving Elephant Butte can help you decide if this neighborhood is the right one for you. Learn more on our Elephant Butte neighborhood guide.
Is Elephant Butte, NM a safe neighborhood?
Elephant Butte, NM is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Elephant Butte?
The median home price in Elephant Butte is $347,000. If you put a 20% down payment of $69,400 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Elephant Butte. The average household income in Elephant Butte is $64K.
What are the best public schools in Elephant Butte?
The best public schools that serve Elephant Butte are:
- Hot Springs High School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.5.
What are the most popular zip codes in Elephant Butte, Elephant Butte, NM?
