For SaleRisky Deal5 days on market
745 Morning Meadows Dr NE
745 Morning Meadows Dr NE, Rio Rancho, NM 87144, Rio Rancho, NM 87144
$295,000
Estimate®:$294,200
Listing Price
745 Morning Meadows Dr NE, Rio Rancho, NM 87144
Loc: Rio Rancho, NM
Days Listed
5
Tax Assessed
$157k
Estimate®
$294k
Market Rate
Lot Size
5,663 sqft
Rent Estimate
$1,970/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
Cielo Azul Elementary School
K-5
0.9 mi away
7
Rio Rancho Middle School
6-8
4.4 mi away
7
V Sue Cleveland High School
9-12
4.4 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 exteriortwo-car garagesuburbanlow-maintenance landscapingsingle-storydesert-friendlygravel yardgable roofbay windowdrivewayquiet neighborhoodneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.23%
Total ROI
72.5%
Cash Flow
$-245/mo
DSCR
0.84
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-245/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Rio Rancho, 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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $295,000 | $204 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,821.52 | $52,199 |
| 2024 | $1,826.48 | $50,679 |
| 2023 | $1,779.52 | $49,203 |
| 2022 | $1,746.04 | $47,770 |
| 2021 | $1,732.86 | $46,379 |
| 2020 | $1,682.38 | $45,028 |
| 2019 | $1,644.54 | $43,717 |
| 2018 | $1,501.64 | $42,443 |
| 2017 | $1,612.56 | $41,208 |
| 2016 | $1,612.56 | $41,208 |
| 2014 | $1,533.7 | $40,008 |
| 2013 | $1,533.7 | $40,008 |
| 2011 | $0 | $113,123 |
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