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.
For sale
$125,000
715 Iron St, Grants, NM 87020
2beds
1,000sqft
Townhouse
Built in 1989
4,791 Square Feet Lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Attached garageLaundry areaPitched metal roof
- 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#: 26000929
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
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $125,000$125/sqft |
Source: | ||
| 6/22/2026 | Listing removed | $125,000$125/sqft |
Source: | ||
| 12/21/2025 | Listed for sale | $125,000$125/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 87020
Nearby schools
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.






