FOR_SALEExcellent Deal5 days on market

508 Dallas Dr

508 Dallas Dr, Carlsbad, NM 88220, Carlsbad, NM 88220
$49,900
Zestimate®:$67,400$17,500 Under Market

Listing Price

Property image 1
508 Dallas Dr, Carlsbad, NM 88220
Loc: Carlsbad, NM
Days Listed
5
Tax Assessed
$67k
Zestimate®
$67k
26% Under Valued
Lot Size
6,299 sqft
Rent Estimate
$2,806/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Early Childhood Education Center

PK-K
0.1 mi away
2

Carlsbad Sixth Grade Academy

6-8
0.1 mi away
6

Carlsbad High School

9-12
1.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
48.49%
Total ROI
1012.9%
Cash Flow
$1,757/mo
DSCR
7.79
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-11Listed for sale$320,000$192
2026-04-16Sold$0
2025-11-24Sold$0

Tax History

YearProperty TaxTax Assessment
2025$545.78$22,204
2024$536.02$21,557
2023$522.78$20,929
2022$501.42$20,320
2021$484.86$19,728
2020$476.42$19,154
2019$472.34$18,596
2018$456.52$18,055
2017$456.52$17,530
2015$445.27$0
2014$392$0
2013$351.63$0
2012$348.45$0
2011$342.33$0
2010$339.11$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,514
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $49,900Rent Basis: Observed Comp Model ($2,806/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $100/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
48.49%

NOI: $24,195/yr

Cash-on-Cash Yield
183.7%

On $11,477 invested

DSCR Ratio
7.79x

Prime loan qualification

5-Yr Leveraged ROI
+1012.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$44/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$140/mo
Repairs & Maintenance (10% of rent)-$281/mo
Property Management (8% of rent)-$224/mo
Total Pure Operating Expenses-$790/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,806/mo
Less: Operating Expenses-$790/mo
Net Operating Income (NOI)+$2,016/mo
Less: Debt Service (30yr @ 6.75%)-$259/mo
Net Cash Flow
$1,757/mo
$21,088/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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