$599,000
$51K PRICE DROP

108 Horton Cir Ruidoso, NM 88345

Estimated payment $3,504/month

Total Views 11,605
6 Beds
4 Baths
3,300 Sq Ft
$182 Price per Sq Ft

Highlights

  • Guest House
  • Wooded Lot
  • Wood Flooring
  • Mountain View
  • Ranch Style House
  • No HOA

About This Home

This C-1 zoned property (residential/commercial) consists of a 2,175 sq.ft. 3-bedroom home, a 750 sq.ft. 2-bedroom attached AirBnb rental, a 400 sq.ft. detached AirBnb studio cabin, and a 288 sq.ft. detached cabin with a pet bathing station, all on 1/2 acre.
•The AirBnb rentals come furnished and include: appliances, decor, TVs, beds, mattresses, blankets, and linens. It's turnkey and generates revenue on day one!!
•The detached cabin would be excellent to start a pet grooming business or just a wonderful home for your dogs.
•There is an additional lot at the back of the property with separate access from Walnut Drive. Let your entrepreneurial imagination go wild!

Listing Agent

Harvey Foster

Century 21 Aspen Real Estate License #2644 Listed on: 09/23/2024

Century 21 Aspen Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 71x308x75x328
  • Kennel
  • Back and Front Yard Fenced
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • Triplex
  • Ranch Style House
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Washer and Gas Dryer Hookup
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Driveway
  • On-Site Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters
  • Rain Barrels or Cisterns
  • Front Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Heating system powered by passive solar
  • Guest House

Community Details

  • No Home Owners Association
  • Palmer Gateway Subdivision

Listing and Financial Details

  • Legal Lot and Block 8A & 8B / 15
  • Assessor Parcel Number 4074065318365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,691

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Directions: Turn left just before Sonic on to Horton Circle house is on the right.
  • Unit Levels: One
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1960
  • Structure Type: Triplex
  • ResoLaundryFeatures: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
  • Lot Size Acres: 0.53
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 575-257-9057
  • MLS Status: Active
  • Subdivision Name: Palmer Gateway
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • New Construction: No
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Appliances Microwave: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Fencing Back Yard: Yes
  • Flooring:Tile2: Yes
  • Rooms:Living Room: Yes
  • Fencing:Wood3: Yes
  • Flooring:Wood2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Roof:Shingle: Yes
  • Rooms:Den: Yes
  • Other Structures:Out Building: Yes
  • Flooring Laminate: Yes
  • Fencing Front Yard: Yes
  • Other Structures:Guest House: Yes
  • Structure Type:Triplex: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Tankless Water Heater, Water Purifier Owned, Water Softener Owned
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: High Speed Internet, In-Law Floorplan, Pantry, Recessed Lighting, Storage
  • Other Equipment: Other
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Washer Hookup: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Water Softener-Owned: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Water Purifier Owned: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Gas Dryer Hookup: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Fencing: Wood, Back Yard, Front Yard
  • Lot Features: Forestry Compliance, Level, Rectangular Lot, Sloped Down, Wooded
  • Other Structures: Guest House, Outbuilding, See Remarks
  • Patio And Porch Features: Front Porch
  • Property Condition: Updated/Remodeled
  • Roof: Pitched, Shingle
  • View: Mountain(s)
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Rain Barrel/Cistern(s), Garden, Kennel, Lighting, Rain Gutters, Storage
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Sloped Down: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, No Garage, On Site

Utilities

  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Forced Air, Heat Pump, Natural Gas, Passive Solar
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Other
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Lot Info

  • Zoning: C1
  • Lot Dimensions: 71x308x75x328
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2690.61
  • Tax Block: 15
  • Tax Lot: 8A & 8B
  • Tax Map Number: 4074065318365
  • Tax Tract: -

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,691 $94,597 $27,689 $66,908
2024 $2,691 $91,842 $26,883 $64,959
2023 $2,691 $89,167 $26,100 $63,067
2022 $2,790 $86,570 $25,340 $61,230
2021 $2,604 $86,561 $25,337 $61,224
2020 $2,628 $86,561 $25,337 $61,224
2019 $2,508 $86,561 $25,337 $61,224
2018 $2,203 $76,496 $25,337 $51,159
2017 $1,439 $50,401 $25,337 $25,064
2015 $1,745 $62,980 $24,602 $38,378
2014 $1,692 $61,145 $23,885 $37,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $599,000 -4.8% $182 / Sq Ft
05/29/2025 05/29/25 Price Changed $629,500 -3.1% $191 / Sq Ft
09/23/2024 09/23/24 For Sale $649,500 -- $197 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,878 New Conventional
Previous Owner $5,000 Credit Line Revolving
Previous Owner $21,000 Credit Line Revolving
Source: Public Records

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Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 131635

APN: 4074065318365000000