Nice double-wide home on a spacious double lot! Features include granite countertops in the kitchen and bathrooms, updated light fixtures and ceiling fans throughout, and two mini-split units for efficient comfort (2-ton unit in the large room and 1-ton unit in the game room). The home has been freshly painted and offers replaced flooring, updated showers, and remodeled bathrooms. Enjoy incredible views with the back of the property bordering BLM land for added privacy and open space. The property also includes a 1-car garage and a 2-car carport, with plenty of additional parking for all your lake toys, boats, motorhomes, trailers, and 5th wheels. Conveniently located just 5 minutes from the lake and 10 minutes from the hot springs! The property is assessed as permanent real estate. This is a fantastic investment opportunity for a nightly rental business, vacation home, or peaceful lake getaway!
For sale
Price cut: $4.6K (7/7)
$189,900
312 Ocotillo Dr, Elephant Butte, NM 87935
3beds
1,960sqft
Manufactured Home
Built in 1972
0.25 Acres Lot
$183,900 Zestimate®
$97/sqft
$-- HOA
What's special
Plenty of additional parkingFreshly paintedRemodeled bathroomsUpdated showersReplaced flooringSpacious double lot
- 39 days |
- 185 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Mireya Cevallos 915-630-3341,
Exp Realty, LLC 505-554-3873
Source: New Mexico MLS,MLS#: 20263154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane
Cooling
- Window Unit(s)
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Stories: 1
- Fencing: Chain Link,Cross Fenced
Lot
- Size: 0.25 Acres
- Topography: Chain Link, Cross Fenced
Details
- Parcel number: 3020073531518
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home
Materials
- Block - Cinder, Concrete
- Roof: Metal
Condition
- Year built: 1972
Utilities & green energy
- 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: $97/sqft
- Tax assessed value: $81,057
- Annual tax amount: $733
- Date on market: 5/29/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
- Electric utility on property: Yes
Mireya Cevallos
(915) 630-3341
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Estimated market value
$183,900
$175,000 - $193,000
$1,841/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $189,900-2.4%$97/sqft |
Source: eXp Realty #20263154 Report a problem | ||
| 5/29/2026 | Listed for sale | $194,500$99/sqft |
Source:  New Mexico MLS #20263154 Report a problem | ||
| 3/21/2026 | Listing removed | $194,500$99/sqft |
Source: eXp Realty #20251541 Report a problem | ||
| 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
| 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% |
| 2021 | -- | $32,185 |
| 2020 | -- | $32,185 |
| 2018 | -- | $32,185 |
| 2017 | -- | $32,185 |
| 2016 | -- | $32,185 |
| 2015 | -- | $32,185 +1.5% |
| 2014 | -- | $31,722 |
| 2013 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New Mexico
- Sierra County
- Elephant Butte
- 87935
- 312 Ocotillo Dr
Nearby cities
Nearby zip codes
Other Elephant Butte Topics
