For SaleRisky Deal1 days on market
1150 Puerta De Picacho
1150 Puerta De Picacho, Las Cruces, NM 88007, Las Cruces, NM 88007
$490,000
Estimate®:$473,500
Listing Price
1150 Puerta De Picacho, Las Cruces, NM 88007
Loc: Las Cruces, NM
Days Listed
1
Tax Assessed
$444k
Estimate®
$474k
Market Rate
Lot Size
0.28 acres
Rent Estimate
$2,243/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
Fairacres Elementary School
PK-5
1.1 mi away
6
Picacho Middle School
6-8
2.8 mi away
7
Mayfield High School
9-12
3.5 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
pueblo revivalsouthwestern stylestucco exteriorsingle-storyarched entranceattached garagelow-maintenance landscapingdesert xeriscapingconcrete drivewaycurb appealneutral color palettecontemporary suburbandecorative address stonesymmetrical design
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.15%
Total ROI
27.4%
Cash Flow
$-1,254/mo
DSCR
0.51
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,254/mo net cash flow with a 3.1% 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 | $490,000 | $208 |
| 2021-01-27 | Sold | $0 | – |
| 2020-12-11 | Pending sale | $427,000 | $182 |
| 2020-11-02 | Price change | $427,000 | $182 |
| 2020-10-16 | Listed for sale | $418,000 | $178 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,134.16 | $147,995 |
| 2024 | $3,188.52 | $143,685 |
| 2023 | $3,126.32 | $139,500 |
| 2022 | $3,185.48 | $139,500 |
| 2021 | $2,640.36 | $111,173 |
| 2020 | $2,435.2 | $107,935 |
| 2019 | $2,363.24 | $104,792 |
| 2018 | $2,276.88 | $101,740 |
| 2017 | $2,276.88 | $98,777 |
| 2016 | $2,157.72 | $95,900 |
| 2015 | $2,126.88 | $287,679 |
| 2014 | $1,064.47 | $279,300 |
| 2013 | $2,149.2 | $279,300 |
| 2012 | $2,149.49 | $294,000 |
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