Prime investment opportunity at 705 E Wood Avenue. Situated on two city lots with dual access from Wood and Algerita. This 4 bedroom, 2 bath home offers significant upside potential for renovation, resale or rental income. Property is being sold as is and requires repairs - ideal for investors looking to add value. In addition to the home, the property includes a 40 x 20, two story shop and a massive 45x 40 carport with lift, creating additional possibilities for workspace, storage or income producing use. Large footprint, multiple structures and flexible access points, make this a unique, value add opportunity with strong potential. Bring your imagination and your vision - this is a project worth exploring.
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Price Unknown
705 E Wood Ave, Carlsbad, NM 88220
4beds
2,083sqft
Single Family Residence
Built in 1965
0.6 Acres Lot
$280,000 Zestimate®
$--/sqft
$3,271 Estimated rent
Home value
$280,000
Estimated sales range
Not available
$3,271/mo
Zestimate® history
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List your homeWhat's special
Multiple structuresLarge footprintFlexible access points
Zillow last checked:
Listing updated:
Listed by:
Desiree Kirkes 254-595-0216,
Century 21 Dunagan Associates
Bought with:
Crystal Gabaldon, REC-2025-0752
Empire Real Estate Group, LLC
Prisila Borunda
Cavern City Real Estate LLC
Source: New Mexico MLS,MLS#: 20260957
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Has cooling: Yes
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 2,083
- Total interior livable area: 2,083 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Open
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Frontage length: 150.0
Lot
- Size: 0.6 Acres
- Dimensions: 150.0x175.0
Details
- Parcel number: 4158129090012 & 4158
- Zoning description: 4158129090012 & 415812908
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1965
Utilities & green energy
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Bryant To Hall
HOA
- Has HOA: No
Location
- Region: Carlsbad
Financial & listing details
- Tax assessed value: $98,220
- Annual tax amount: $2,189
- Date on market: 2/17/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Cooktop, Dishwasher
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Sold | -- |
Source:  New Mexico MLS #20260957 Report a problem | ||
| 2/23/2026 | Pending sale | $275,000$132/sqft |
Source: New Mexico MLS #20260957 Report a problem | ||
| 2/17/2026 | Listed for sale | $275,000$132/sqft |
Source: New Mexico MLS #20260957 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $32,740 +3% |
| 2024 | -- | $31,787 +3% |
| 2023 | -- | $30,861 +3% |
| 2022 | -- | $29,963 +3% |
| 2021 | -- | $29,090 +3% |
| 2020 | -- | $28,243 +3% |
| 2019 | -- | $27,421 +3% |
| 2018 | -- | $26,622 +3% |
| 2017 | -- | $25,847 |
| 2015 | $18 +3% | -- |
| 2014 | $17 +3% | -- |
| 2013 | $17 +3% | -- |
| 2012 | $16 +3% | -- |
| 2011 | $16 +3% | -- |
| 2010 | $15 | -- |
Find assessor info on the county website
Neighborhood: 88220
Nearby homes
- $2,756-- bd-- ba-- sqft705 E Wood Ave, Carlsbad, NM 88220Off Market
- $183,200-- bd-- ba1.4k sqft2008 Algerita St, Carlsbad, NM 88220Off Market
- $1,8278,700 Square Feet2008 Algerita St, Carlsbad, NM 88220Off Market
- $241,8003 bd2 ba2.9k sqft709 E Wood Ave, Carlsbad, NM 88220Off Market
- $223,800-- bd-- ba-- sqft2007 Sage St, Carlsbad, NM 88220Off Market
- $217,700-- bd-- ba-- sqft2007 Sage St, Carlsbad, NM 88220Off Market
- $2,7560.301 Acres711 E Wood Ave, Carlsbad, NM 88220Off Market
- $168,300-- bd-- ba1k sqft2007 Sage St, Carlsbad, NM 88220Off Market
Nearby schools
GreatSchools rating
- 7/10Desert Willow Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Carlsbad Intermediate SchoolGrades: 6-8Distance: 2.4 mi
- 6/10Carlsbad High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: St Francis Xavier
- High: Ad/Com Schs-Day Also
- District: Granite
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$280,000
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- New Mexico
- Eddy County
- Carlsbad
- 88220
- 705 E Wood Ave
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