For SaleRisky Deal118 days on market
48 Red Rock Rd
48 Red Rock Rd, High Rolls, NM 88325, High Rolls, NM 88325
$394,900
Estimate®:$387,000
Listing Price
48 Red Rock Rd, High Rolls, NM 88325
Loc: High Rolls, NM
Days Listed
118
Tax Assessed
$358k
Estimate®
$387k
Market Rate
Lot Size
4.91 acres
Rent Estimate
$2,018/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.
1
High Rolls Mountain Park Elementary
K-5
0.8 mi away
7
Chaparral Middle School
6-8
6.6 mi away
7
Alamogordo High School
9-12
7.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylevinyl sidingattached garagered roofred front doorsingle-storydeckgravel drivewaysuburbannatural landscapegable roofruralsimple design
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.31%
Total ROI
30.7%
Cash Flow
$-961/mo
DSCR
0.53
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-961/mo net cash flow with a 3.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in High Rolls, NM
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-21 | Price change | $394,900 | $220 |
| 2026-05-29 | Listed for sale | $399,900 | $223 |
| 2019-02-28 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,232.28 | $119,424 |
| 2024 | $2,157.04 | $115,946 |
| 2023 | $2,129.6 | $112,569 |
| 2022 | $2,075.32 | $109,290 |
| 2021 | $1,893.12 | $96,667 |
| 2020 | $1,889.16 | $96,667 |
| 2019 | $1,716.32 | $89,670 |
| 2018 | $1,670.44 | $88,781 |
| 2017 | $1,508.56 | $87,041 |
| 2016 | $1,493.4 | $87,041 |
| 2015 | $0 | $87,040 |
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