$375,000
$10K PRICE DROP

241 Junction Rd Ruidoso, NM 88345

Estimated payment $2,081/month

Total Views 5,588
4 Beds
2.5 Baths
1,790 Sq Ft
$209 Price per Sq Ft

Highlights

  • Spa
  • Wood Flooring
  • Refrigerated Cooling System
  • Fireplace in Primary Bedroom
  • No HOA
  • Surveillance System

About This Home

This beautifully renovated 4-bedroom, 2.5-bath home offers the perfect blend of modern living and investment opportunity. Located just minutes from downtown, this property is currently a fully operational Airbnb, boasting impressive yearly returns — making it an ideal purchase for both homeowners and investors alike. Key Features: 4 Spacious Bedrooms: Plenty of room for many guests, or additional income opportunities. 2.5 Bathrooms: Tastefully updated bathrooms featuring contemporary fixtures and finishes. Open-Concept Kitchen: A chef’s dream with sleek countertops, high-end appliances, and an open layout that flows seamlessly into the living and dining areas, perfect for entertaining. Hot Tub: Enjoy relaxation at its finest with a private hot tub, perfect for unwinding after a long day. Modern Renovations: Every inch of this home has been thoughtfully updated with style and functionality in mind.

Listing Agent

Jared English

Congress Realty, Inc. License #20608 Listed on: 09/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1972

Parking

  • No Garage

Home Design

  • Metal Roof
  • Siding

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Secondary Bathroom Double Sinks

Laundry

  • Dryer
  • Washer

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors

Schools

  • Sierra Vista Elementary School
  • Ruidoso Middle School
  • Ruidoso High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Spa
  • 0.3 Acre Lot

Community Details

  • No Home Owners Association
  • Palmer Gateway Sd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4074065036445

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,558

Year Built

Built in 1972

Lot Details

0.3 Acres

Listing Details

  • Directions: From Downtown: Head north on Main Street toward 1st Avenue. Turn left onto 1st Avenue (heading west). Continue straight for approximately 0.5 miles. Turn right onto Junction Street. Continue straight for 2 blocks, and 241 Junction will be on your left.
  • New Construction: No
  • Year Built: 1972
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoSecurityFeatures: Audio/Video Surveillance, Carbon Monoxide Detector(s)
  • Subdivision Name: Palmer Gateway Sd
  • Carport Y N: No
  • Reso Flooring: Tile, Wood
  • Garage Yn: No
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas Log, Living Room, Master Bedroom
  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Gas Water Heater
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 2
  • Stories: 1
  • Bedroom/Bathroom Features: Double Sinks

Exterior Features

  • Roof: Metal
  • Fencing: Other
  • Acres: 0.3042
  • Construction Type: Siding
  • Exterior Features: Hot Tub/Sauna

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Refrigerated
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sierra Vista
  • Ninth Grade High School: Ruidoso
  • Middle Or Junior School: Ruidoso

Lot Info

  • Lot Size Sq Ft: 13249
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4074065036445

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1557.89

Multi Family

  • Building Area Units: Square Feet

Map

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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 $4,162 $137,544 $7,717 $129,827
2024 $1,558 $133,538 $7,492 $126,046
2023 $1,558 $35,400 $7,492 $27,908
2022 $1,039 $34,369 $7,274 $27,095
2021 $1,004 $33,364 $7,061 $26,303
2020 $984 $32,392 $6,855 $25,537
2019 $920 $31,757 $6,721 $25,036
2018 $888 $30,833 $6,525 $24,308
2017 $855 $29,935 $6,335 $23,600
2015 $832 $29,066 $6,151 $22,915
2014 $808 $28,220 $5,972 $22,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2026 01/09/26 Price Changed $375,000 -1.2% $209 / Sq Ft
12/08/2025 12/08/25 Price Changed $379,369 -1.6% $212 / Sq Ft
09/19/2025 09/19/25 For Sale $385,369 +84.4% $215 / Sq Ft
03/09/2023 03/09/23 Sold -- -- -- View Prior Sale
02/25/2023 02/25/23 Pending -- -- --
11/21/2022 11/21/22 For Sale $209,000 -- $117 / Sq Ft
Source: New Mexico MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Lincoln County Abstract & Titl
Deed -- None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 Credit Line Revolving
Source: Public Records

Source: New Mexico MLS

MLS Number: 20255438

New Mexico MLS

APN: 4074065036445000000

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