For sale

$329,000

107 Reese Dr, Ruidoso, NM 88345

3beds

1,650sqft

$2,151/mo

Get pre-qualified

Single Family Residence

Built in 1948

1.1 Acres Lot

$-- Zestimate^®

$199/sqft

$-- HOA

What's special

One levelDouble carportLevel entry

Lovely area close to shopping, town, etc, this one level, 3-bedroom, 2 bath is on 1.1 acre that goes down to the river!Level entry, double carport, storage & so affordable to be on the Rio Ruidoso River! Ready for you to use it as your permanent, year-round home or a vacation getaway!

30 days
654
39

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Living Room

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Electric Oven, Gas Water Heater, Refrigerator

Features

None, Main Level Primary
Flooring: Linoleum, Wood
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total interior livable area: 1,650 sqft

Property

Parking

Total spaces: 2
Parking features: Attached Carport, Circular Driveway, On Site, Paved
Carport spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch
Exterior features: None
Fencing: None
Has view: Yes
View description: River, Trees/Woods, Water
Has water view: Yes
Water view: River,Water
Waterfront features: Waterfront

Lot

Size: 1.1 Acres
Features: Sloped Down, Interior Lot, Level, Waterfront

Details

Additional structures: None
Parcel number: 4074065058349000000
Zoning: R1
Other equipment: None
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Other, Wood Siding
Roof: Composition,Pitched

Condition

Fixer
Year built: 1948

Utilities & green energy

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

Community & HOA

Community

Security: Other
Subdivision: Palmer Gateway

HOA

Amenities included: None

Location

Region: Ruidoso

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $236,583
Annual tax amount: $2,381
Date on market: 8/25/2026
Cumulative days on market: 32 days
Listing terms: Other
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/25/2026	Listed for sale	$329,000$199/sqft
Source: RLCMLS #134570 Report a problem
1/27/2022	Sold	--
Source: RLCMLS #127539 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,381 -4.6%	$78,861 -5%
2024	$2,497 +1.5%	$83,041
2023	$2,460 +40.8%	$83,041 +43.6%
2022	$1,747 +17.7%	$57,811
2021	$1,485 -0.9%	$57,811
2020	$1,499 +4.8%	$57,811
2019	$1,430 +0.6%	$57,811 +3%
2018	$1,422 +0.9%	$56,127 +0%
2017	$1,409	$56,121 0%
2015	$1,409 -9%	$56,127
2014	$1,549 +6.4%	$56,127
2013	$1,455 +5.9%	$56,127 +3%
2012	$1,374 +5.8%	$54,492 +6.1%
2010	$1,299	$51,359