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For sale
  • $440,000

    725 Terrace Dr, Las Vegas, NM 87701

    3beds
    1,953sqft
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    Single Family Residence
    Built in 1978
    0.36 Acres Lot
    $416,600 Zestimate®
    $225/sqft
    $-- HOA

    What's special

    Lots of storageLarge kitchenSemi-circular drivewaySpanish-tile-style metal roofLarge laundry roomCovered patio areaMature fruit tree
    Lovely custom block home in desirable cut-de-sac neighborhood! A gracious arched entry with pergola leads to this c.1953 sq ft 3 bedroom, 2 bath home. Living room with stone fireplace with WBS insert - stone windowsills and accents throughout. Large kitchen and formal dining room with tons of built in storage! Primary bedroom has en-suite bath. Home also features large laundry room, two skylights, ceiling fans in all bedrooms, new laminate flooring in the living areas, hot water baseboard heat, Spanish-tile-style metal roof and lots of storage. Attached 2 car garage, 1 car carport and semi-circular driveway. Extra projects or vehicles are no problem: large (24x30) second finished garage/workshop/studio with access from the rear yard and garage doors opening onto the alleyway behind the house! The back yard features a covered patio area, mature fruit tree, and ample space. There is an additional enclosed courtyard with lilacs and charm. All this sits on a large - 0.36+/- ac lot in the heart of town, convenient to schools and shopping!
    81 days
    |
    326
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Katherine L Mcclaren 505-659-7589,

    Home & Land Professionals 505-425-9074

    Source: New Mexico MLS,MLS#: 20262554MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Features
      • Fireplace
      • Flooring: Carpet, Laminate
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,953
      • Total interior livable area: 1,953 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage
      • Garage spaces: 4
      Features
      • Stories: 1
      Lot
      • Size: 0.36 Acres
      Details
      • Additional structures: Workshop
      • Parcel number: 1094094426335

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete Block
      • Roof: Metal,Pitched
      Condition
      • Year built: 1978

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Las Vegas

      Financial & listing details

      • Price per square foot: $225/sqft
      • Tax assessed value: $243,120
      • Annual tax amount: $2,409
      • Date on market: 5/2/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Dryer, Refrigerator, Washer
      • Electric utility on property: Yes

        Estimated market value

        $416,600

        $396,000 - $437,000

        $2,493/mo

        Price history

        DateEventPrice
        5/2/2026Listed for sale$440,000$225/sqft
        Source: New Mexico MLS #20262554 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,338 +1%$81,040 +3%
        2024$2,316 +2.1%$78,679 +3%
        2023$2,269 +4.5%$76,388 +3%
        2022$2,172 +3.9%$74,163 +3%
        2021$2,091 +7.4%$72,003 +6.1%
        2018$1,947 +7.1%$67,870 +3%
        2017$1,818 +4.4%$65,894 +9.3%
        2013$1,741 +6.6%$60,297 +6.1%
        2011$1,633 $56,831
        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.
        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.

        Climate risks

        Neighborhood: 87701

        Getting around

        43 / 100
        Car-Dependent
        48 / 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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