For SaleRisky Deal0 days on market
763 Chaps Rd SE
763 Chaps Rd SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$325,000
Estimate®:$319,500
Listing Price
763 Chaps Rd SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
0
Tax Assessed
$148k
Estimate®
$320k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$2,041/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
Maggie Cordova Elementary School
K-5
0.8 mi away
6
Lincoln Middle School
6-8
0.9 mi away
7
Rio Rancho High School
9-12
1.9 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 stylesingle-storystucco exteriorattached garagetwo-car garagemature treedesert landscapinggravel front yardsuburbanresidentialcovered entrywaytraditionalneutral tones
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.91%
Total ROI
65.6%
Cash Flow
$-356/mo
DSCR
0.79
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-356/mo net cash flow with a 4.9% 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $325,000 | $225 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,719.96 | $49,288 |
| 2024 | $1,724.6 | $47,852 |
| 2023 | $1,680.28 | $46,459 |
| 2022 | $1,648.68 | $45,106 |
| 2021 | $1,636.2 | $43,792 |
| 2020 | $1,588.56 | $42,517 |
| 2019 | $1,552.8 | $41,278 |
| 2018 | $1,354.7 | $38,290 |
| 2017 | $1,454.74 | $37,175 |
| 2016 | $1,454.74 | $37,175 |
| 2014 | $1,425.1 | $37,175 |
| 2013 | $1,425.1 | $37,175 |
| 2011 | $0 | $111,526 |
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