For SaleRisky Deal41 days on market
3056 Spitz St
3056 Spitz St, Las Cruces, NM 88005, Las Cruces, NM 88005
$369,000
Estimate®:$362,200
Listing Price
3056 Spitz St, Las Cruces, NM 88005
Loc: Las Cruces, NM
Days Listed
41
Tax Assessed
$276k
Estimate®
$362k
Market Rate
Lot Size
0.30 acres
Rent Estimate
$2,110/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
0.6 mi away
6
Sierra Middle School
6-8
1.9 mi away
7
Mayfield High School
9-12
1.6 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 stylestucco exteriortile roofattached garagecurved drivewaydesert landscapingsingle-storytraditionalsuburbantwilight settinglow-pitched roofentryway archresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.40%
Total ROI
54.4%
Cash Flow
$-562/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-562/mo net cash flow with a 4.4% 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 |
|---|---|---|---|
| 2026-08-28 | Price change | $369,000 | $142 |
| 2026-08-13 | Listed for sale | $389,000 | $149 |
| 2026-08-10 | Listing removed | $389,000 | $149 |
| 2026-07-14 | Price change | $389,000 | $149 |
| 2026-05-05 | Price change | $449,000 | $172 |
| 2026-03-23 | Price change | $475,000 | $182 |
| 2026-02-27 | Listed for sale | $533,000 | $204 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,418.12 | $91,840 |
| 2024 | $2,533.12 | $89,165 |
| 2023 | $2,491.72 | $86,568 |
| 2022 | $2,447.96 | $84,047 |
| 2021 | $2,363.08 | $81,599 |
| 2020 | $2,300.72 | $79,222 |
| 2019 | $2,234.4 | $76,915 |
| 2018 | $2,150.56 | $74,675 |
| 2017 | $2,150.56 | $72,500 |
| 2016 | $1,911.4 | $72,500 |
| 2015 | $1,937.2 | $217,485 |
| 2014 | $1,947.17 | $211,150 |
| 2013 | $1,795.23 | $205,000 |
| 2012 | $1,795.23 | $204,984 |
| 2011 | $1,712.46 | $199,014 |
| 2010 | $1,627.66 | $193,216 |
| 2009 | $1,476.23 | $187,588 |
| 2008 | $1,476.23 | $182,124 |
| 2007 | $1,418.82 | $176,819 |
| 2005 | $1,370.29 | $171,669 |
| 2004 | $1,334.05 | $161,800 |
| 2003 | $1,314.82 | $161,800 |
| 2002 | $1,349.94 | $159,100 |
| 2001 | $1,349.94 | $159,100 |
| 2000 | $1,378.85 | $163,100 |
Similar Properties Nearby
Explore other investment opportunities in Las Cruces.