For SaleRisky Deal1 days on market
1032 Fran Dr
1032 Fran Dr, Las Cruces, NM 88007, Las Cruces, NM 88007
$315,000
Estimate®:$306,700
Listing Price
1032 Fran Dr, Las Cruces, NM 88007
Loc: Las Cruces, NM
Days Listed
1
Tax Assessed
$206k
Estimate®
$307k
Market Rate
Lot Size
8,712 sqft
Rent Estimate
$1,817/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.
4
Jornada Elementary School
PK-5
0.7 mi away
5
Vista Middle School
6-8
1.1 mi away
7
Mayfield High School
9-12
2.6 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 stylesingle storybrick exteriorattached garagearched entrywaydesert landscapinglow maintenancesuburbangable roofparking drivewayneutral tonesresidentialtraditional architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.59%
Total ROI
58.5%
Cash Flow
$-431/mo
DSCR
0.74
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-431/mo net cash flow with a 4.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Las Cruces, 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $315,000 | $166 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,084.52 | $68,826 |
| 2024 | $2,035.32 | $66,822 |
| 2023 | $2,006.44 | $64,876 |
| 2022 | $1,975.56 | $62,986 |
| 2021 | $1,911.48 | $61,152 |
| 2020 | $1,865.48 | $59,371 |
| 2019 | $1,816.2 | $57,642 |
| 2018 | $1,752.48 | $55,963 |
| 2017 | $1,752.48 | $54,333 |
| 2016 | $1,561.68 | $54,333 |
| 2015 | $1,582.76 | $162,946 |
| 2014 | $1,590.51 | $158,200 |
| 2013 | $1,518.87 | $158,200 |
| 2012 | $1,518.87 | $158,200 |
| 2011 | $1,496.62 | $158,200 |
| 2010 | $1,468.95 | $158,133 |
| 2009 | $1,340.7 | $153,527 |
| 2008 | $1,340.7 | $149,055 |
| 2007 | $1,292.83 | $144,715 |
| 2005 | $1,240.74 | $140,500 |
| 2004 | $1,070.49 | $119,000 |
| 2003 | $1,050.24 | $119,000 |
| 2002 | $1,078.28 | $117,500 |
| 2001 | $1,078.28 | $117,500 |
| 2000 | $1,011.07 | $110,800 |
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