For SaleRisky Deal35 days on market
911 Palmas Altas Dr SE
911 Palmas Altas Dr SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$475,000
Estimate®:$466,400
Listing Price
911 Palmas Altas Dr SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
35
Tax Assessed
$488k
Estimate®
$466k
Market Rate
Lot Size
0.26 acres
Rent Estimate
$2,675/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.
5
Rio Rancho Elementary School
K-5
0.5 mi away
7
Rio Rancho Middle School
6-8
3 mi away
7
Rio Rancho High School
9-12
2.1 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
backyard poolswimming poolwood fencedeckingoutdoor loungesun loungersdesert landscapingnaturalistic poolsunset lightingprivate backyardcontemporaryoutdoor space
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.92%
Total ROI
44.1%
Cash Flow
$-913/mo
DSCR
0.63
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-913/mo net cash flow with a 3.9% 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 |
|---|---|---|---|
| 2026-08-20 | Listed for sale | $475,000 | $192 |
| 2026-08-17 | Listing removed | $489,000 | $198 |
| 2026-07-21 | Price change | $489,000 | $198 |
| 2026-06-12 | Listed for sale | $499,750 | $202 |
| 2024-03-15 | Sold | $0 | – |
| 2024-02-13 | Pending sale | $489,000 | $198 |
| 2024-02-10 | Listed for sale | $489,000 | $198 |
| 2024-02-02 | Pending sale | $489,000 | $198 |
| 2023-11-05 | Listed for sale | $489,000 | $198 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,674.48 | $162,611 |
| 2024 | $2,272.8 | $63,063 |
| 2023 | $2,214.36 | $61,226 |
| 2022 | $2,172.72 | $59,443 |
| 2021 | $2,156.3 | $57,712 |
| 2020 | $2,093.48 | $56,031 |
| 2019 | $2,046.42 | $54,400 |
| 2018 | $1,868.6 | $52,815 |
| 2017 | $2,006.58 | $51,277 |
| 2016 | $2,006.58 | $51,277 |
| 2014 | $1,965.7 | $51,277 |
| 2013 | $1,965.7 | $49,784 |
| 2011 | $0 | $149,352 |
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