$40,000

708 S 1st St Raton, NM 87740

Estimated payment $231/month

Total Views 49
1 Bed
1 Bath
717 Sq Ft
$56 Price per Sq Ft

Highlights

  • No HOA
  • Space Heater
  • Carpet

About This Home

Investor special with strong upside potential! This 1-bedroom, 1-bath handyman property is the perfect opportunity for investors or savvy buyers looking to add value. With some TLC and vision, this home could be transformed into a charming short-term rental, Airbnb, or long-term income-producing property. Located within walking distance to downtown Raton, the property offers excellent rental appeal with close proximity to the train station, coffee shops, dining, and local amenities. The prime location enhances both short-term and long-term rental demand. Whether you’re looking for your next renovation project or an affordable entry into the investment market, this property presents a solid opportunity to build equity and maximize returns.

Listing Agent

Wendy Mileta

REALTY ONE OF NEW MEXICO - RATON License #19831 Listed on: 01/19/2026

REALTY ONE OF NEW MEXICO - RATON

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 3,500 Sq Ft Lot
  • Irregular Lot

Parking

  • No Garage

Home Design

  • 717 Sq Ft Home
  • Frame Construction
  • Pitched Roof

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1135185266377

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Pitched
  • Acres: 0.0803
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Space Heater
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3500
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 1135185266377

Tax Info

  • Year: 2026

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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 $289 $10,562 $1,167 $9,395
2024 $286 $10,255 $1,167 $9,088
2023 $229 $9,956 $1,167 $8,789
2022 $222 $9,666 $1,167 $8,499
2021 $221 $9,666 $1,167 $8,499
2020 $232 $9,666 $1,167 $8,499
2019 $87 $9,666 $1,167 $8,499
2018 $236 $11,049 $1,167 $9,882
2017 $178 $11,049 $1,167 $9,882
2015 -- $11,010 $1,167 $9,843
2013 -- $11,010 $1,167 $9,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2026 01/19/26 For Sale $40,000 +111.6% $56 / Sq Ft
11/14/2019 11/14/19 Sold -- -- -- View Prior Sale
10/27/2019 10/27/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $18,900 -- $26 / Sq Ft
Source: New Mexico MLS

Purchase History

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

Source: New Mexico MLS

MLS Number: 20260366

New Mexico MLS

APN: 14665