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Off market
  • $517,200

    103 Joe Welch Dr, Ruidoso Downs, NM 88346

    2beds
    1,660sqft
    SingleFamily
    Built in 1972
    7.4 Acres Lot
    $517,200 Zestimate®
    $312/sqft
    $2,268 Estimated rent

    Home value

    $517,200

    $445,000 - $595,000

    $2,268/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $2,268/mo

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    $2,268/mo

    Rent Zestimate®

    Refinance and save

    $2,986/mo

    Est. payment

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    $2,986/mo

    Est. payment

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    What's special

    Great opportunity here. This property is zoned commercial and contains a large, charming farmhouse-style home. The upper level contains the commercial area with current passive income and the residence. The bottom acreage is irrigated pasture with 2.9 acres of senior water rights. Very versatile 7.4 acres along the Rio Ruidoso River. New well drilled 2012 with 50 GPM. Also city water and sewer are available. You choose the highest and best use for this multi-purpose property that adjoins the race track and is located across the street from the Ruidoso Horse Sales Pavilion and Racing Office. Feed store, race barns, vet clinic, tack store, boarding stables, arena, RV park, etc.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Gas
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,660 sqft

    Property

    Features
    • Levels: One
    • Has view: Yes
    • View description: Water, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7.40 Acres
    Details
    • Parcel number: 4076065232011000000
    • Zoning: C2 Commercial Business

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1972

    Community & neighborhood

    Location
    • Region: Ruidoso Downs

    Other

    Other facts
    • Access/Entry: Stairs Up, Gravel, RV Access, Public Road
    • Heating/Cooling: Panel Ray, Fireplace/Stove
    • Style: Ranch
    • Utl Conn/Utl Avl: Sewer Available, Cesspool, Electric Connected, Domestic Well, Natural Gas Connected, Community Water Available
    • How Built/Condition: On Site, Prior to 1978
    • Car Strg/Prkg: Garage, Double Attached, Area
    • Ownership Type: NA
    • Lot Location/Lot Type: Interior, Rio Ruidoso
    • Property Status: Active
    • Lot Size Range: Between 5 and 10 acres
    • Farm/Ranch: Pasture
    • Zoning: C2 Commercial Business
    • Levels: One
    • Ownership type: NA

    Price history

    Price history is unavailable.

    Public tax history

    YearProperty taxesTax assessment
    2024$3,809 +2.4%$120,830 +2.8%
    2023$3,719 +6.4%$117,544 +2.8%
    2022$3,496 +3.8%$114,354
    2021$3,368 -6.6%$114,354
    2020$3,606 +5.3%$114,354
    2019$3,425 +0.9%$114,354
    2018$3,395 $114,354

    Find assessor info on the county website

    Neighborhood: 88346

    Nearby schools

    GreatSchools rating
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