For SaleNeutral Deal63 days on market
3061 Memorial Pines Ln
3061 Memorial Pines Ln, Sunland Park, NM 88063, Sunland Park, NM 88063
$995,000
Listing Price
3061 Memorial Pines Ln, Sunland Park, NM 88063
Loc: Sunland Park, NM
Days Listed
63
Tax Assessed
$240k
Lot Size
20.00 acres
Type
lot
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Riverside Elementary School
PK-6
0.3 mi away
5
Santa Teresa Middle School
7-8
1.2 mi away
7
Santa Teresa High School
9-12
4.1 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
undeveloped landvacant lotlarge acreagedesert terrainrural settingcemetery adjacenthighway frontagetrapezoidal plotcommercial potentialarid landscapescenic viewsinvestment property
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.85%
Total ROI
107.7%
Cash Flow
$516/mo
DSCR
1.10
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $516/mo net cash flow with a 6.8% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.8%)
- • Strong rental demand in Sunland Park
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 |
|---|---|---|---|
| 2026-08-14 | Price change | $995,000 | – |
| 2026-07-22 | Listed for sale | $1,350,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,496.4 | $80,000 |
| 2024 | $3,538.72 | $80,000 |
| 2023 | $3,490.64 | $80,000 |
| 2022 | $3,282.08 | $80,000 |
| 2021 | $3,280.56 | $80,000 |
| 2020 | $3,280.56 | $80,000 |
| 2019 | $3,277.84 | $80,000 |
| 2018 | $3,281.36 | $80,000 |
| 2017 | $3,281.36 | $80,000 |
| 2016 | $3,247.52 | $80,000 |
| 2015 | $3,279.76 | $240,000 |
| 2014 | $3,279.28 | $240,000 |
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