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- Nm 48, Alto, NM 88312

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For Sale

$1,050,000

38.5 acres

Estimated Payment

$ 5,618 /mo. †

6.83% APR for 30 yrs.
$1,504 in taxes
Change Loan Terms

  • Vacant Land (10+ Acres)
    Property type

  • 38.5 acres
    Lot size

Explore this Property

Beautiful Forested Tract in Alto, NM 38.5 Acres, 400 +/- Feet of NM Hwy 48 Frontage - Sierra Blanca Views - Tall Pines - Access from HM HWY 48 or Sun Valley Road - Multi Use Property Commercial, Residential or Multi Family.
MLS# 128938

Listed By CENTURY 21 Aspen Real Estate

Property Features

  • Area Amenities
    Casino / Gambling, Golf, Outdoor Activities, Area Skiing
  • Area Description
    Mountain
  • Fencing
    Partially Fenced
  • Lot Description
    Access Type - Road
  • Lot Size
    20-50 Acres, 38.5 Acres
  • Property Description
    Acreage
  • Sewer
    None
  • Style
    Not Applicable
  • Views
    Mountain

Map and Directions

Directions to - Nm 48, Alto, NM 88312

Home seller Meet the Agent,
Eric Vaughn

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Eric Vaughn

of CENTURY 21 Aspen Real Estate

(575) 520-1510
Learn More About Me

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $5,493
  • Property Taxes
    $125
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $5,618

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Capitan Elementary School

Grades PK-5 Public School

Capitan, NM 88316 11.5 miles
150 south forest ave

162 total students
11:1 Student teacher ratio

School Rating: B+

School Details

Capitan Middle School

Grades 6-8 Public School

Capitan, NM 88316 11.5 miles
519 smokey bear blvd

111 total students
13:1 Student teacher ratio

School Rating: C+

School Details

Capitan High School

Grades 9-12 Public School

Capitan, NM 88316 11.5 miles
519 smokey bear blvd

149 total students
12:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
White Mountain Elementary School 3.1 miles Public 3-5 C+
Sierra Vista Primary School 3.2 miles Public PK-2
Ruidoso Middle School 3.7 miles Public 6-8 B-
Ruidoso High School 4 miles Public 9-12 B

White Mountain Elementary School

Distance: 3.1 miles

Type Public

Grades: 3-5

C+

Sierra Vista Primary School

Distance: 3.2 miles

Type Public

Grades: PK-2

Ruidoso Middle School

Distance: 3.7 miles

Type Public

Grades: 6-8

B-

Ruidoso High School

Distance: 4 miles

Type Public

Grades: 9-12

B

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Alto, NM 88312

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Alto, NM 88312

This community’s employment is highest in the construction and transportation industries. The area’s overall household expenses are above the national average.

81° July
Hottest Average Month
20° January
Coldest Average Month
1,350 Total Households in Area
0.1% Increase in population since the year 2010
13.7%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Alto, NM 88312

Alto, NM 88312 has a population of 2,885 people in 1,350 households with a median age of 48.9 years old.

0.1%
Increase in population
since the year 2010
Population is Trending up
1,286
Total households as of 2010
5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 48.9 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Hispanic 18%
Other 4%
Native American <1%
Asian <1%
Black <1%
The most prevalent ethnicity is White at 82%, followed by Hispanic at 18%, Other at 4%, and Native American at <1%.

Economics
for Alto, NM 88312

29 /sq mi
Population Density
$63,751 /yr
Median Household Income
$525,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 19.35% of the households.

Transportation to Work

  • Drive 74%
  • Work from Home 25%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Vacant 1,644 55%
Owned 1,303 44%
Rented 47 2%

White vs Blue Collar Jobs







White Collar 66%
Blue Collar 34%

Family & Education Facts
for Alto, NM 88312

48.9 Median Age

Average Household Size

2.1
persons per
household

65%

Married Households

Community Population By Education

Some College 33%
High School Graduate 28%
Bachelors Degree 19%
Graduate Degree 14%
Some High School 4%
Associates Degree 2%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 32.99% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
13.7% of households have children

Weather
for Alto, NM 88312

The weather for this area ranges from a high of 81° F in July to a low of 20° F in January

81° July
Hottest Average Month
20° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
47°
Feb
22°
51°
Mar
26°
56°
Apr
33°
64°
May
40°
72°
Jun
48°
80°
Jul
52°
81°
Aug
51°
79°
Sep
45°
74°
Oct
36°
66°
Nov
26°
56°
Dec
21°
49°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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tour with a
personal guide

There's more to learn about Alto, NM 88312!
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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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