For SaleNeutral Deal324 days on market
3595 Midnight Ridge Dr
3595 Midnight Ridge Dr, Las Cruces, NM 88011, Las Cruces, NM 88011
$415,000
Listing Price
3595 Midnight Ridge Dr, Las Cruces, NM 88011
Loc: Las Cruces, NM
Days Listed
324
Tax Assessed
$382k
Lot Size
9,148 sqft
Type
single family
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.
9
Desert Hills Elementary School
PK-5
1.6 mi away
8
Camino Real Middle School
6-8
0.2 mi away
5
Centennial High School
9-12
3.7 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
pueblo revivalsouthwestern stylestucco exteriorrounded edgesattached garagexeriscapeddesert landscapingearth tonessingle-storycurved wallsresidentialminimalistgated courtyardflat roof
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.31%
Total ROI
95.9%
Cash Flow
$28/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $28/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Las Cruces
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 |
|---|---|---|---|
| 2026-06-06 | Price change | $415,000 | $176 |
| 2026-04-22 | Price change | $445,000 | $188 |
| 2025-11-03 | Listed for sale | $459,000 | $194 |
| 2021-12-06 | Sold | $0 | – |
| 2021-11-17 | Pending sale | $389,900 | $165 |
| 2021-10-09 | Price change | $389,900 | $165 |
| 2021-10-02 | Listed for sale | $400,000 | $169 |
| 2007-06-25 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,853.44 | $127,231 |
| 2024 | $3,762.44 | $123,525 |
| 2023 | $3,709 | $119,928 |
| 2022 | $3,652 | $116,435 |
| 2021 | $2,968.64 | $100,972 |
| 2020 | $2,891.72 | $98,031 |
| 2019 | $2,809.76 | $95,176 |
| 2018 | $2,705.76 | $92,404 |
| 2017 | $2,705.76 | $89,713 |
| 2016 | $2,406.16 | $87,100 |
| 2015 | $2,362.52 | $253,700 |
| 2014 | $1,150.34 | $253,700 |
| 2013 | $2,337.85 | $261,500 |
| 2012 | $2,337.85 | $261,500 |
| 2011 | $2,303.61 | $261,500 |
| 2010 | $2,691.13 | $307,700 |
| 2009 | $2,642.62 | $308,400 |
| 2008 | $2,642.62 | $311,800 |
| 2007 | $3,612.77 | $404,400 |
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