$199,000
PENDING NEW CONSTRUCTION $41K PRICE DROP

408 3rd St Capitan, NM 88316

Estimated payment $1,301/month

Total Views 1,238
2 Beds
1 Bath
800 Sq Ft
$249 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Ranch Style House
  • No HOA
  • Capitan Elementary School Rated A-
  • Wood Flooring
  • Ductless Heating Or Cooling System

About This Home

**Pending Sale! Accepting Backup Offers** Under Construction (estimated completion date of May 2025)! This newly listed Modular home is for sale in the heart of Capitan, NM! This property has brand new hardwood floors, double foam insulation throughout, a newly installed mini split to heat and cool the home, new plumbing and electrical throughout. Enjoy your own lot on just over a quarter of an acre. This property is only a few minutes' drive from restaurants (OSO Grill, Smokey Bear Restaurant) and only 25 minutes from the village of Ruidoso (Racetrack and Casino, Bonito Lake, Inn of the Mountain Gods, & Ski Run). **This home and lot can be purchased separately or in conjunction with the main house refer to MLS # 1079871. **

Listing Agent

Monique Ortega

Realty One of New Mexico License #49792 Listed on: 03/30/2025

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 0.32 Acre Lot
  • Property is zoned R-1, 2, 3, 4, 5, 6

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 800 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System

Additional Features

  • No Interior Steps
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4077050359184

Home Details

Home Type

Single Family

Year Built

Built in 2025 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 2025
  • Prop. Type: Residential
  • Horses: Yes
  • Directions: Take the ramp on the right and follow signs for I-25 South / US-85 South. In 84.8 mi At Exit 139, head right on the ramp for US-380 East toward Carrizozo / San Antonio. In 0.5 mi Keep straight to get onto US-380 E. In 85.0 mi Turn right onto Stanton Ave. In 0.1 mi Turn right onto W 3rd St. In 233 ft Arrive at W 3rd St, home is on the left hand-side.
  • Architectural Style: Ranch
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Levels: One
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: No Interior Steps
  • Living Area: 800.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Pitched
  • Pool Features: None
  • Waterfront: No
  • Builder Name: Unknown
  • Construction Type: Frame
  • Property Condition: Under Construction

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ductless, Refrigerated
  • Utilities: Electricity Available
  • Heating: Ductless
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Unknown
  • High School: Unknown
  • Middle Or Junior School: Unknown

Lot Info

  • Lot Size Acres: 0.32
  • Zoning: R-1, 2, 3, 4, 5, 6
  • Land Lease: No
  • Lot Size Sq Ft: 13939.2
  • Parcel #: 4077050359184
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 26.95
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $199,000 -17.1% $249 / Sq Ft
03/29/2025 03/29/25 For Sale $240,000 -- $300 / Sq Ft
Source: Santa Fe Association of REALTORS®

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Source: Santa Fe Association of REALTORS®

MLS Number: 202501293

Santa Fe Association of REALTORS®

New Mexico Lincoln County Capitan 88316

408 3rd St, Capitan, NM

This home is located at 408 3rd St, Capitan, NM 88316 and is currently priced at $199,000, approximately $248 per square foot. This property was built in 2025. 408 3rd St is a home located in Lincoln County with nearby schools including Capitan Elementary School, Capitan Middle School, and Capitan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Fe Association of REALTORS® The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

Nearby Homes
Monique Ortega
Listing Agent
Monique Ortega
Section Image
Realty One of New Mexico
(505) 501-5161