For SaleRisky Deal7 days on market
1301 Lees Dr
1301 Lees Dr, Las Cruces, NM 88001, Las Cruces, NM 88001
$220,000
Estimate®:$213,500
Listing Price
1301 Lees Dr, Las Cruces, NM 88001
Loc: Las Cruces, NM
Days Listed
7
Tax Assessed
$143k
Estimate®
$214k
Market Rate
Lot Size
5,663 sqft
Rent Estimate
$1,412/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.
7
Conlee Elementary School
PK-5
0.3 mi away
4
Lynn Middle School
6-8
0.3 mi away
5
Centennial High School
9-12
2.3 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
modernopen conceptkitchen islandwhite cabinetryquartz countertopssubway tile backsplashhardwood floorsrecessed lightingminimalistnewly renovatedbrightclean lines
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.87%
Total ROI
64.6%
Cash Flow
$-250/mo
DSCR
0.78
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-250/mo net cash flow with a 4.9% 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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $220,000 | $140 |
| 2026-06-06 | Listing removed | $165,000 | $105 |
| 2026-05-17 | Listed for sale | $165,000 | $105 |
| 2021-08-30 | Sold | $0 | – |
| 2021-03-24 | Listing removed | $0 | – |
| 2017-02-23 | Listing removed | $795 | $1 |
| 2017-01-31 | Listed for rent | $875 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,443.44 | $47,659 |
| 2024 | $1,409.36 | $46,271 |
| 2023 | $1,389.32 | $44,923 |
| 2022 | $1,368 | $43,615 |
| 2021 | $911.56 | $29,163 |
| 2020 | $889.64 | $28,314 |
| 2019 | $892.12 | $28,314 |
| 2018 | $886.64 | $28,314 |
| 2017 | $886.64 | $28,314 |
| 2016 | $813.84 | $28,467 |
| 2015 | $829.28 | $82,924 |
| 2014 | $809.41 | $80,509 |
| 2013 | $728.57 | $78,164 |
| 2012 | $728.57 | $75,887 |
| 2011 | $697.01 | $73,677 |
| 2010 | $664.48 | $71,530 |
| 2009 | $606.46 | $69,447 |
| 2008 | $606.46 | $67,424 |
| 2007 | $584.8 | $65,460 |
| 2005 | $561.22 | $63,553 |
| 2004 | $544.65 | $59,900 |
| 2003 | $446.04 | $60,544 |
| 2002 | $457.95 | $49,900 |
| 2001 | $457.95 | $49,900 |
| 2000 | $428.88 | $47,000 |
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