For SaleNeutral Deal29 days on market
3020 Mimosa Ln
3020 Mimosa Ln, Las Cruces, NM 88001, Las Cruces, NM 88001
$685,000
Listing Price
3020 Mimosa Ln, Las Cruces, NM 88001
Loc: Las Cruces, NM
Days Listed
29
Tax Assessed
$270k
Lot Size
0.50 acres
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.
6
Tombaugh Elementary School
PK-5
0.4 mi away
6
Zia Middle School
6-8
1.7 mi away
6
Las Cruces High School
9-12
2 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 exteriorstone chimneymid-century modern influencearched garage doorscovered entrywayasymmetrical rooflinelarge front lawnmature treessingle-storysuburbanlandscaped
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.73%
Total ROI
105.1%
Cash Flow
$286/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $286/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • Strong rental demand in Las Cruces
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 |
|---|---|---|---|
| 2026-08-26 | Listed for sale | $685,000 | $198 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,661.36 | $89,872 |
| 2024 | $2,676.48 | $89,872 |
| 2023 | $2,717.6 | $89,872 |
| 2022 | $2,674.04 | $87,255 |
| 2021 | $2,585.44 | $84,713 |
| 2020 | $2,598.92 | $84,713 |
| 2019 | $2,591.4 | $82,246 |
| 2018 | $2,500.52 | $79,850 |
| 2017 | $2,500.52 | $79,850 |
| 2016 | $2,295.12 | $77,525 |
| 2015 | $2,258.4 | $225,800 |
| 2014 | $2,204.04 | $225,776 |
| 2013 | $2,215.15 | $219,200 |
| 2012 | $2,215.15 | $230,720 |
| 2011 | $2,119.12 | $224,000 |
| 2010 | $2,364.34 | $254,524 |
| 2009 | $2,157.96 | $247,111 |
| 2008 | $2,157.96 | $239,915 |
| 2007 | $2,080.88 | $232,927 |
| 2005 | $1,774.16 | $200,900 |
| 2004 | $1,738.01 | $193,208 |
| 2003 | $1,627.67 | $193,208 |
| 2002 | $1,671.13 | $182,100 |
| 2001 | $1,671.13 | $182,100 |
| 2000 | $1,783.09 | $195,400 |
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