Nice double wide with double lot property! Granite countertops in the kitchen and bathroom. Replaced light fixtures and fans throughout the property. There are two mini split units (2 ton unit in large room and 1 ton unit in game room). Freshly painted, replaced flooring, updated showers and bathrooms! Amazing views with the back of the property abutting BLM land. There is 1 car garage and 2 car carport Plenty of room for parking all your lake toys, boats, motor homes, trailers, and 5th wheelers. This is only 5 minutes away from the Lake and 10 minutes away from the Hot Springs! Great investment opportunity to do a nightly rental business and have a nice lake or get away place!
For sale
$194,500
312 Ocotillo Dr, Elephant Butte, NM 87935
3beds
1,960sqft
Est.:
Manufactured Home
Built in 1972
0.25 Acres Lot
$-- Zestimate®
$99/sqft
$-- HOA
What's special
Abutting blm landTwo mini split unitsGranite countertopsReplaced flooringUpdated showers and bathroomsAmazing views
- 266 days |
- 99 |
- 3 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 11:41am
Listed by:
Mireya Cevallos 915-630-3341,
Exp Realty, LLC 505-554-3873
Source: New Mexico MLS,MLS#: 20251541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane
Cooling
- Gas, Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Laminate
- Windows: Single, Double Pane Windows, Blinds
- Has fireplace: No
Interior area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, RV Access/Parking
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Fencing: Chain Link,Fenced
Lot
- Size: 0.25 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 3020073531518
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home
Materials
- Block - Cinder, Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Propane
Community & HOA
Community
- Security: Audio/Video Surveillance, Detector - Smoke/Heat
HOA
- Has HOA: No
Location
- Region: Elephant Butte
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $81,057
- Annual tax amount: $743
- Date on market: 3/18/2025
- Electric utility on property: Yes
Mireya Cevallos
(915) 630-3341
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Estimated market value
Not available
Estimated sales range
Not available
$1,527/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Price change | $194,500-2.5%$99/sqft |
Source:  New Mexico MLS #20251541 Report a problem | ||
| 4/28/2025 | Price change | $199,500-11.1%$102/sqft |
Source: New Mexico MLS #20251541 Report a problem | ||
| 4/12/2025 | Price change | $224,500-10.2%$115/sqft |
Source: New Mexico MLS #20251541 Report a problem | ||
| 3/18/2025 | Listed for sale | $249,900$128/sqft |
Source: New Mexico MLS #20251541 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $743 -24.7% | $27,019 -20.9% |
| 2023 | $987 +10.6% | $34,146 +3% |
| 2022 | $892 | $33,151 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$911/mo
Principal & interest
$754
Property taxes
$89
Home insurance
$68
Climate risks
Neighborhood: 87935
Nearby schools
GreatSchools rating
- 5/10Sierra Elementary SchoolGrades: 4-5Distance: 3.9 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 3.9 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 3.9 mi
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