For sale

$199,000

603 Alhambra St, Elephant Butte, NM 87935

3beds

1,368sqft

Manufactured Home

Built in 1994

0.25 Acres Lot

$188,900 Zestimate^®

$145/sqft

$-- HOA

What's special

Enjoy the best of lake living in this well-maintained 3-bedroom, 2-bath manufactured home, perfectly located just minutes from Elephant Butte Lake and the golf course. Inside, you'll find a functional walk-through kitchen that flows into the dining room, creating a comfortable space for everyday living and entertaining. Outside, this fully fenced property is ready for all your outdoor adventures. It features a 2-car garage, an additional 2-car carport, and a convenient fish cleaning station behind the garage-perfect after a day on the lake. With plenty of room to park your boats, ATVs, golf carts, RVs, and other recreational toys, this property is ideal for those who love the outdoors. Whether you're looking for a full-time residence, a weekend getaway, or an investment property near New Mexico's premier recreation area, this home offers the space, convenience, and location to enjoy it all.

3 days
85
5

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Features

Flooring: Carpet
Has fireplace: No

Interior area

Total structure area: 1,368
Total interior livable area: 1,368 sqft

Property

Parking

Total spaces: 4
Parking features: Garage, Open
Garage spaces: 4
Has uncovered spaces: Yes

Features

Patio & porch: Patio Covered
Fencing: Cross Fenced

Lot

Size: 0.25 Acres
Topography: Cross Fenced

Details

Parcel number: 3020075155197

Construction

Type & style

Home type: MobileManufactured
Property subtype: Manufactured Home

Condition

Year built: 1994

Utilities & green energy

Water: Water - City
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: ELEPHANT BUTTE ESTATES

HOA

Has HOA: No

Location

Region: Elephant Butte

Financial & listing details

Price per square foot: $145/sqft
Tax assessed value: $106,290
Annual tax amount: $675
Date on market: 10/16/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA
Inclusions: Free-Standing Range, Refrigerator
Electric utility on property: Yes
Body type: Double Wide

Estimated market value

$188,900

$179,000 - $198,000

$1,469/mo

Price history

Date	Event	Price
10/16/2026	Listed for sale	$199,000$145/sqft
Source: New Mexico MLS #26001813 Report a problem
10/8/2026	Listing removed	$199,000$145/sqft
Source: New Mexico MLS #20263961 Report a problem
10/1/2026	Listed for sale	$199,000$145/sqft
Source: New Mexico MLS #20263961 Report a problem
7/21/2026	Contingent	$199,000$145/sqft
Source: New Mexico MLS #20263961 Report a problem
7/6/2026	Listed for sale	$199,000$145/sqft
Source: New Mexico MLS #20263961 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$675 -16.6%	$35,430 +3%
2024	$810 +2.3%	$34,398 +3%
2023	$791 +11.4%	$33,396 +3%
2022	$711	$32,423 +3%
2021	--	$31,478
2020	--	$31,478 -10.9%
2018	--	$35,339 +2.5%
2017	--	$34,493
2016	--	$34,493
2015	--	$34,493 +3.1%
2014	--	$33,443
2013	--	--
2011	--	--
2010	--	--