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CondominiumResidential

120 Lower Terrace Dr

RUIDOSO, NM 88345
1,079 ft²
Lot SizeThe size of the land the home sits on, from county records.
1979
Year BuiltThe year the home was originally built, according to county records.
Built 197923 units1,080–1,080 ft²
$6.3M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$276K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$255
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+145.7%vs the Ruidoso ZIP median sale $/ft² ($104)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.

0 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
23 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 0 ba · 1,080 ft²
6 units
One-off layouts
17 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.9%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.22%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.4.9 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.16%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$279,877
Median tax billThe middle annual property tax bill among the building's units.$1,441
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyLincoln
Lot (acres)The size of the land the home sits on, from county records.0.03

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Sierra Vista Primary SchoolC+
Elementary · Grades PK–2 · 1.8 mi
H
Ruidoso High SchoolC
High · Grades 9–12 · 1.9 mi
M
Ruidoso Middle SchoolB-
Middle · Grades 6–8 · 2.1 mi

District: Ruidoso Municipal Schools

Neighborhood · ZIP 88345These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.104
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.56

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.47%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.8,198
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.206 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$49,458
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$64,013
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.23 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

120 Lower Terrace Dr Unit 1
$268K
120 Lower Terrace Dr Unit 2
$268K
120 Lower Terrace Dr Unit 3
$268K
120 Lower Terrace Dr Unit 4
$268K
120 Lower Terrace Dr Unit 5
$268K
120 Lower Terrace Dr Unit 7
$276K
120 Lower Terrace Dr Unit 8
$276K
120 Lower Terrace Dr Unit 9
$276K
120 Lower Terrace Dr Unit 10
$276K
120 Lower Terrace Dr Unit 11
$276K
120 Lower Terrace Dr Unit 12
$276K
120 Lower Terrace Dr Unit 13
$276K
120 Lower Terrace Dr # 14
1,080 ft²
$276K
120 Lower Terrace Dr # 15
1,080 ft²
$276K
120 Lower Terrace Dr # 16
1,080 ft²
$276K
120 Lower Terrace Dr # 17
1,080 ft²
$276K
120 Lower Terrace Dr Unit 18
$276K
120 Lower Terrace Dr # 19
1,080 ft²
$276K
120 Lower Terrace Dr Unit 20
$268K
120 Lower Terrace Dr Unit 21
$276K
120 Lower Terrace Dr # 22
1,080 ft²
$268K
120 Lower Terrace Dr Unit 23
$276K
120 Lower Terrace Dr Unit 24
$268K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 120 Lower Terrace Dr

How many units are in 120 Lower Terrace Dr, Ruidoso, NM?

120 Lower Terrace Dr, Ruidoso, NM has 23 residential units across built in 1979, according to county assessor records.

What is a unit at 120 Lower Terrace Dr, Ruidoso, NM worth?

The median TopHap Estimate across the 23 units at 120 Lower Terrace Dr, Ruidoso, NM is $275,937. That works out to $255 per square foot. Units run from 1,080 to 1,080 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 120 Lower Terrace Dr, Ruidoso, NM expensive for Ruidoso?

Units at 120 Lower Terrace Dr, Ruidoso, NM carry a median of $255 per square foot, 146% above the Ruidoso median of $104 per square foot.

What floor plans does 120 Lower Terrace Dr, Ruidoso, NM have?

The most common plan at 120 Lower Terrace Dr, Ruidoso, NM is a 0-bedroom of 1,080 square feet, repeated 6 times, with a median estimate of $275,937. TopHap identifies 1 recurring plans in the building.

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