For sale

$69,500

128 Water St, Raton, NM 87740

2beds

1,032sqft

Est.:

Single Family Residence

Built in 1945

6,673.39 Square Feet Lot

$-- Zestimate^®

$67/sqft

$-- HOA

What's special

This affordable 2-bedroom, 1-bath property offers solid investment potential for buyers seeking rental income or a low-cost retirement option. Located near an elementary school and within a short distance to downtown Raton, the home provides convenient access to daily essentials. With some updates and TLC needed, this property presents an excellent opportunity to add value and customize to your needs. A practical choice for investors or budget-conscious buyers looking for long-term potential.

106 days

474

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas, Space Heater

Appliances

Included: Free-Standing Range

Features

Flooring: Carpet, Vinyl
Has fireplace: No

Interior area

Total structure area: 1,032
Total interior livable area: 1,032 sqft

Property

Parking

Parking features: No Garage

Lot

Size: 6,673.39 Square Feet
Features: Irregular Lot

Details

Parcel number: 1135185511464

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Metal Siding
Roof: Pitched,Shingle

Condition

New construction: No
Year built: 1945

Utilities & green energy

Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Raton

Financial & listing details

Price per square foot: $67/sqft
Tax assessed value: $49,085
Annual tax amount: $456
Date on market: 12/1/2025
Electric utility on property: Yes

Wendy Mileta

(575) 707-1662

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Estimated market value

Not available

Estimated sales range

Not available

$1,010/mo

Price history

Date	Event	Price
12/1/2025	Listed for sale	$69,500$67/sqft
Source: New Mexico MLS #20256759 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$456 +24.4%	$16,362 +3%
2023	$366 +3.4%	$15,885 +3%
2022	$354 +3.3%	$15,423 +3%
2021	$343 -4.7%	$14,974
2020	$360 +0.9%	$14,974
2019	$356 +11.6%	$14,974
2018	$319 +8.5%	$14,974
2017	$294	$14,974 +0.8%
2015	--	$14,850
2013	--	$14,850