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For sale
    • $350,000

    394 Laughing Horse Trl, Capitan, NM 88316

    3beds
    1,984sqft
    Manufactured Home, Single Family Residence
    Built in 2003
    10 Acres Lot
    $-- Zestimate®
    $176/sqft
    $-- HOA

    What's special

    Thoughtful layoutFresh interior paintTwo carportsOpen kitchen
    Set on 10 acres of usable land with wide open 360 mountain views, this inviting 3 bedroom 2 bath 2003 manufactured home offers space, comfort, and room to grow. Fresh interior paint and a thoughtful layout create a move in ready feel, with two living areas and an open kitchen that make everyday living and entertaining easy. A new HVAC system adds year round comfort. Outside, the fenced back yard provides a great space for pets or play, while two carports and multiple outbuildings offer plenty of storage and flexibility for hobbies, animals, or equipment. With privacy, views, and endless possibilities, this is a property that feels like home the moment you arrive.
    188 days
    |
    321
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lily M Mendenall 575-686-9270,

    Future Real Estate 575-415-4039

    Source: RLCMLS,MLS#: 133532MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Family Room, Office
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator, Range Hood, Water Heater
      Features
      • Open Floorplan, Storage, Main Level Primary
      • Flooring: Carpet, Vinyl
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,984 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Circular Driveway, Carport, Gravel
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck
      • Exterior features: Dog Run
      • Fencing: Back Yard,Chain Link,Partial
      • Has view: Yes
      • View description: Mountain(s), Panoramic, Valley
      • Waterfront features: None
      Lot
      • Size: 10 Acres
      • Features: Gentle Sloping, Level, Views
      Details
      • Additional structures: Outbuilding, Shed(s)
      • Parcel number: 4075054212366000000
      • Zoning: Rural
      • Horse amenities: None

      Construction

      Type & style
      • Home type: MobileManufactured
      • Architectural style: Ranch
      • Property subtype: Manufactured Home, Single Family Residence
      Materials
      • Frame
      • Roof: Composition,Shake
      Condition
      • See Remarks
      • Year built: 2003

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Metes & Bounds
      Location
      • Region: Capitan

      Financial & listing details

      • Price per square foot: $176/sqft
      • Tax assessed value: $20,001
      • Annual tax amount: $1,509
      • Date on market: 1/21/2026
      • Cumulative days on market: 132 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Dirt
      • Body type: Double Wide

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/22/2026Price change$350,000-4.1%$176/sqft
        Source: RLCMLS #133532 Report a problem
        3/20/2026Listed for sale$365,000$184/sqft
        Source: RLCMLS #133532 Report a problem
        2/18/2026Pending sale$365,000$184/sqft
        Source: RLCMLS #133532 Report a problem
        1/21/2026Listed for sale$365,000-5.2%$184/sqft
        Source: RLCMLS #133532 Report a problem
        1/3/2026Listing removed$385,000$194/sqft
        Source: RLCMLS #133032 Report a problem
        12/1/2025Price change$385,000-1.3%$194/sqft
        Source: RLCMLS #133032 Report a problem
        9/25/2025Price change$390,000-1.3%$197/sqft
        Source: RLCMLS #133032 Report a problem
        8/15/2025Listed for sale$395,000+42.1%$199/sqft
        Source: RLCMLS #133032 Report a problem
        7/30/2020Sold--
        Source: Agent Provided Report a problem
        6/5/2020Price change$278,000-2.5%$140/sqft
        Source: Rio Ruidoso Company, LTD. #123523 Report a problem
        5/23/2020Price change$285,000-1%$144/sqft
        Source: Rio Ruidoso Company, LTD. #123523 Report a problem
        5/11/2020Price change$288,000-1.4%$145/sqft
        Source: Rio Ruidoso Company, LTD. #123523 Report a problem
        11/23/2019Price change$292,000-1.9%$147/sqft
        Source: Rio Ruidoso Company, LTD. #00-123523 Report a problem
        6/25/2019Listed for sale$297,600$150/sqft
        Source: Rio Ruidoso Company, LTD. #00-123523 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$133 -91.2%$6,667 -92.4%
        2024$1,509 +16.5%$87,664 +2.8%
        2023$1,296 -2.1%$85,266
        2022$1,323 +2.1%$85,266
        2021$1,297 +35.1%$85,266
        2020$960 $85,266 +55.2%
        2019-- $54,928
        2018-- $54,928 +31.5%
        2017$761 $41,778 -9%
        2015$761 +3.2%$45,899 +2.6%
        2014$737 -2.7%$44,717 +2.6%
        2013$758 +21.3%$43,570 +6.9%
        2012$625 $40,751
        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.
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        Climate risks

        Neighborhood: 88316

        Getting around

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