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For sale
  • $125,000

    715 Iron St, Grants, NM 87020

    2beds
    1,000sqft
    : 
    $841/mo
    Get pre-qualified
    Townhouse
    Built in 1989
    4,791 Square Feet Lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Attached garageLaundry areaPitched metal roof
    Opportunity knocks at 715 Iron Avenue! Offered at an affordable price, this 2-bedroom, 2-bath home provides a great opportunity for an investor, renovation-minded buyer, or purchaser looking to explore rehabilitation financing and create a home of their own. With approximately 1,000 square feet, the home features a wood-burning fireplace in the living room, an eat-in kitchen with plenty of cabinetry, an attached garage, laundry area, and a fenced backyard with mature trees and patio space. A pitched metal roof, city water and sewer, natural gas, and no HOA add to the property's potential. The home does need repairs and updating, which has been reflected in the asking price. Rather than leaving buyers guessing, the seller is in the process of obtaining bids for the work needed so prospective purchasers can better understand the scope and potential cost of improvements. For the right buyer, this could be an opportunity to renovate, personalize, and potentially build equity instead of paying a premium for someone else's improvements. Investors may also appreciate the property's manageable size and straightforward floor plan. Bring your ideas and see what this property could become. Buyers interested in renovation or rehabilitation financing should consult with their lender regarding available loan programs and property eligibility.
    5 days
    179
    7

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Valentine 505-863-4363,

    Coldwell Banker High Desert Realty 505-863-4363

    Source: New Mexico MLS,MLS#: 26000929MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Bathroom
      • Features: Jet Tub
      Heating
      • Natural Gas, Radiant
      Cooling
      • Evaporative Cooling
      Features
      • Ceiling Fan(s), Utility
      • Flooring: Laminate, Tile
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,000
      • Total interior livable area: 1,000 sqft
      • Finished area above ground: 1,000

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Patio & porch: Patio
      • Fencing: Back Yard,Fence
      Lot
      • Size: 4,791 Square Feet
      • Topography: Back Yard, Fence
      Details
      • Parcel number: 2056062008501

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Conventional
      • Property subtype: Townhouse
      Materials
      • Frame
      • Roof: Metal,Pitched
      Condition
      • Year built: 1989

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: ENCHANTED MESA
      HOA
      • Has HOA: No
      Location
      • Region: Grants

      Financial & listing details

      • Price per square foot: $125/sqft
      • Tax assessed value: $59,409
      • Annual tax amount: $684
      • Date on market: 8/28/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Dishwasher, Dryer, Gas Water Heater, Oven, Refrigerator, Washer
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $868/mo

        Price history

        DateEventPrice
        8/28/2026Listed for sale$125,000$125/sqft
        Source: New Mexico MLS #26000929 Report a problem
        6/22/2026Listing removed$125,000$125/sqft
        Source: New Mexico MLS #20257101 Report a problem
        12/21/2025Listed for sale$125,000$125/sqft
        Source: New Mexico MLS #20257101 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$660 +4.4%$19,803 +3%
        2023$632 -2.7%$19,226 +3%
        2022$650 +3.7%$18,667 +3%
        2021$627 +0.8%$18,123
        2020$622 +3.4%$18,123 +3.1%
        2018$601 +0.8%$17,571
        2017$596 +11.4%$17,571 +3%
        2016$536 $17,060 +3%
        2015$536 +0.4%$16,564 +3%
        2014$533 +29.3%$16,082 +3%
        2013$412 $15,613 +9.7%
        2012$412 $14,236 -65.7%
        2011-- $41,465 +3%
        2010-- $40,258
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87020

        Getting around

        20 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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