Nogal, NM

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Nogal short-term rental market based on reliable data.

Listings

23 / 39

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$21,175

Middle-Earners Revenue

Occupancy

35%

Middle-Earners Occupancy

Home Value

$396,767

Median Home Sale Price

Top Earners

$48,981

Top-Earners Revenue

Nogal

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Nogal.

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B

Generally Investor friendly

Nogal Regulations

Short-term rentals are clearly allowed and governed by standard state/county business and tax rules (CRS registration, Gross Receipts Tax) with no documented local caps or burdensome permitting; low regulation environment but without a specific Nogal ordinance investors must confirm county requirements, increasing compliance risk.

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About Nogal

Nogal is a small unincorporated community nestled in the Sacramento Mountains of Lincoln County, New Mexico, with only a few hundred year-round residents. Set at an elevation of roughly 6,000 feet among pine and juniper woodlands, it has the character of a quiet mountain village, offering a cool retreat from the desert lowlands of southern New Mexico in summer and easy access to higher-elevation recreation in winter. The community sits along the scenic route that links the village of Capitan with the resort town of Ruidoso, and it serves as a low-key gateway to the surrounding Lincoln National Forest. The nearest major city is Albuquerque, located about 150 miles to the northwest, with El Paso roughly 200 miles to the south-southwest.

A short drive west from Nogal brings visitors to the Smokey Bear Historical State Park in the village of Capitan, about 15 minutes away. The park preserves the story of the bear cub rescued from a 1950 Lincoln National Forest wildfire that became the living symbol of the national forest fire prevention campaign. A small museum, interpretive exhibits, and the gravesite of the original Smokey draw visitors interested in both the natural and cultural history of the area.

Also within easy reach is Bonito Lake, a reservoir tucked into the Lincoln National Forest about 20 minutes southwest of Nogal. The lake is known for cool, clear water surrounded by forest and offers trout fishing, non-motorized boating, and picnicking, with nearby campgrounds and trailheads making it a popular stop for families and anglers.

About a half-hour southwest lies the historic town of Lincoln, the preserved frontier settlement at the center of the 1878 Lincoln County War in which Billy the Kid played a starring role. The surrounding historic site encompasses original adobe buildings, museums, and interpretive trails that bring the dramatic events of the conflict to life for history-minded travelers.

Slightly further afield, the resort town of Ruidoso and Ski Apache on Sierra Blanca are within roughly 30 to 40 minutes by car, offering restaurants, galleries, horse racing at Ruidoso Downs, and winter skiing on a peak operated by the Mescalero Apache Tribe.

With its mountain setting, forested surroundings, and proximity to some of southern New Mexico's most visited natural and historical attractions, Nogal offers a peaceful base for travelers who want to trade the desert heat for cool pine air, with plenty of day-trip options within a short drive.

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