$385,000
$40K PRICE DROP

116 Monroe Ct San Patricio, NM 88348

Estimated payment $2,151/month

Total Views 1,254
2 Beds
2 Baths
1,458 Sq Ft
$264 Price per Sq Ft

Highlights

  • River View
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Ranch Style House
  • Workshop

About This Home

Nice two bedroom two bath residence on just over an acre in the Hondo Valley along the Rio Ruidoso River. The level lot is located at the end of Monroe Court and has an asphalt drive from the street to the residence and is nicely landscaped with tree cover. Views of the Rio Ruidoso River along with local hillsides can be viewed from the property. There are both front and rear covered porches, a metal roof installed approximately a year ago. There is a two-stall carport, shed and workshop. Vaulted ceilings in the kitchen and dining area. Cozy den with fireplace. Tile floors in the kitchen and dining area. The garage was renovated into an additional den/living area. This property is located in FEMA Flood Zone AE according to recent FEMA map. Shown by appointment only

Listing Agent

Chad Casson

NM Ranch & Luxury, LLC License #REC-2024-0682 Listed on: 12/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 2006

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 60x254x330x55x290
  • River Front
  • Cul-De-Sac
  • Partially Fenced Property

Property Views

  • River
  • Mountain

Home Design

  • Ranch Style House
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,458 Sq Ft Home
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Workshop

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Paved Parking

Outdoor Features

  • Shed
  • Front Porch

Utilities

  • Central Air
  • Heating Available
  • Well
  • Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • River's Edge Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 4087059330021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,804

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: East on Hwy 70 to Rivers Edge, Take a right then a left onto Monroe Court. Property is at end of road.
  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2006
  • Current Use: Other
  • ResoLaundryFeatures: Washer Hookup, Electric Dryer Hookup
  • Lot Size Acres: 1.32
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Co List Office Phone: 575-808-0144
  • MLS Status: Active
  • Subdivision Name: River's Edge
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Location Property Info To Be Built2: No
  • Special Features: None

Interior Features

  • Appliances: Water Softener Owned, Refrigerator, Electric Range, Washer, Dishwasher, Dryer, Electric Oven, Water Heater
  • Flooring: Carpet, Tile, Laminate
  • Other Equipment: See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Cul-De-Sac, Waterfront
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Front Porch, Rear Porch
  • Roof: Metal
  • View: Mountain(s), River
  • Waterfront Features: Rio Ruidoso
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Paved

Utilities

  • Cooling: Central Air
  • Heating: Fireplace(s), Wood Stove, Electric
  • Utilities: Water Connected, Electricity Connected
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Zoning: Rural
  • Lot Dimensions: 60x254x330x55x290
  • Lot Size Sq Ft: 57499.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 4087059330021

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1804.4
  • Tax Block: na
  • Tax Lot: 5
  • Tax Tract: na

Map

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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 $1,804 $87,114 $5,989 $81,125
2024 $1,869 $84,577 $5,815 $78,762
2023 $1,869 $82,114 $5,646 $76,468
2022 $1,819 $79,723 $5,482 $74,241
2021 $1,706 $77,393 $5,321 $72,072
2020 $1,743 $75,139 $5,166 $69,973
2019 $1,682 $73,666 $5,065 $68,601
2018 $1,614 $71,521 $4,918 $66,603
2017 $1,538 $69,439 $4,775 $64,664
2015 $1,471 $69,445 $4,775 $64,670
2014 $1,490 $69,445 $4,775 $64,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2026 02/01/26 Price Changed $385,000 -9.4% $264 / Sq Ft
12/03/2025 12/03/25 For Sale $425,000 -- $291 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 133392

APN: 4087059330021000000