For SaleRisky Deal1 days on market
1915 Myrtle Ave
1915 Myrtle Ave, Las Cruces, NM 88001, Las Cruces, NM 88001
$285,000
Estimate®:$276,800
Listing Price
1915 Myrtle Ave, Las Cruces, NM 88001
Loc: Las Cruces, NM
Days Listed
1
Tax Assessed
$146k
Estimate®
$277k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$1,663/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.
6
University Hills Elementary School
PK-5
0.2 mi away
4
Lynn Middle School
6-8
0.9 mi away
6
Las Cruces High School
9-12
1.3 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 stylebrick exteriordesert landscapingmature treesxeriscapelarge drivewaygated carportsingle-storydecorative bridgecactirock gardenestablished neighborhoodshaded entrywaymid-century charm
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.56%
Total ROI
58.0%
Cash Flow
$-396/mo
DSCR
0.73
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-396/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 | $285,000 | $133 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,110.12 | $48,654 |
| 2024 | $1,299.2 | $48,654 |
| 2023 | $1,275.32 | $47,237 |
| 2022 | $1,250.24 | $45,861 |
| 2021 | $1,204.2 | $44,525 |
| 2020 | $1,169.76 | $43,229 |
| 2019 | $1,144.04 | $42,309 |
| 2018 | $1,098.44 | $41,077 |
| 2017 | $1,098.44 | $39,881 |
| 2016 | $973.84 | $38,719 |
| 2015 | $953.12 | $112,774 |
| 2014 | $462.54 | $109,489 |
| 2013 | $847.7 | $106,300 |
| 2012 | $847.07 | $106,293 |
| 2011 | $806 | $103,197 |
| 2010 | $763.49 | $100,190 |
| 2009 | $687.55 | $97,272 |
| 2008 | $687.55 | $94,439 |
| 2007 | $658.32 | $91,688 |
| 2005 | $640.39 | $89,017 |
| 2004 | $754.75 | $83,900 |
| 2003 | $775.86 | $83,900 |
| 2002 | $796.58 | $86,800 |
| 2001 | $796.58 | $86,800 |
| 2000 | $799.37 | $87,600 |
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