For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Chaparral 88081
862 Desert Lane
$125,000
● House - Off Market

862 Desert Lane

Chaparral, NM 88081
bedrooms
4 Beds
bathrooms
2 Baths
$194,117
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Your hacienda awaits!  Huge house on 1/3 acre on a quiet street in Chaparral, NM.  Huge living area, dining, kitchen, laundry, full bath and bedroom on first floor.  Three bedrooms 2 baths up.  Gated backyard.  This house has refrigerated a.c.!
Unit Size
-
Days on Market
260 days
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
2006

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (GEPAR MLS #818455)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
Jun 17, 2020 Sold
Premium
Sold
Nov 6, 2019 Listed by Century 21 The Edge $140,000
Listed by Century 21 The Edge
Feb 4, 2019 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 11
  • Building Style: 33
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,505
  • Total Building Area: 3,289
  • Gross Building Area: 3,289
  • Building Area: 3,289
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 3,289
  • Heating Fuel Type: 7

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST CHAPARRAL MOBILE HOME SUB
  • Land Acres: 0000000333
  • Standard Land Use Code: 1006
  • County Land Use Code: 0120
  • Mobile Home Indicator: T
  • Legal Description 1: SUBD: EAST CHAPARRAL MOBILE HOME SUB LOT 24 BLOCK: 1

Neighborhood

  • School District Name: Gadsden Independent Schools
  • Census Tract: 000904

Geography

  • Account Number: R051128
  • Parcel: 16N4031155491163
  • Block: 1
  • Lot: 24
  • Municipality: CHAPARRAL
  • Latitude: 32.0184
  • Longitude: -106.361

    Address

  • Full Address: 862 Desert Ln
  • Address - House Number: 862
  • Address - Street Name: Desert
  • Address - Suffix Type: Ln
  • State: NM
  • City Name: Chaparral
  • Carrier Code: R007
  • 4-Digit Zip Code: 7516
  • Zip Code: 88081

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,336
  • Tax Rate Code Area: 16_R

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 71
  • Final Value: 236,581
  • High Value: 286,024
  • Low Value: 187,139

    Market Valuation

  • Market Total Value: $155,952
  • Market Land Value: $10,940
  • Market Improvement Value: $145,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,984
  • Assessed Land Value: $3,647
  • Assessed Improvements Value: $48,337

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202004964
  • Previous Sale Recording Date: Feb 04, 2019
  • Previous Sale Contract Date: Jan 31, 2019
  • Previous Sale Amount: $143,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chaparral

Stats & Trends

Median Asking:

$314,950

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

117

Average Home Size

1545 ft²

Average Home Age

-

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Patsy Maese Olivas, Century 21 The Edge
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 818455
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2026 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 862 Desert Lane built and last sold?
The property at 862 Desert Lane was built in 2006 and last sold on Jun 12, 2020 for $132,800.
How much is this home worth?
The estimated value of the home located at 862 Desert Lane is $0.
What are some comparable homes to 862 Desert Lane?
There are currently no comparable homes to 862 Desert Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Otero Homes for Sale
Otero Houses for Sale
Otero Townhouses for Sale
Otero Multifamily for Sale
Otero Land for Sale
Otero Commercial for Sale
Otero Homes with Basements
Otero Homes with Pools
Nearby Cities
El Paso Homes for Sale
Las Cruces Homes for Sale
Horizon City Homes for Sale
Socorro Homes for Sale
Sunland Park Homes for Sale
Alamogordo Homes for Sale
Homestead Meadows North Homes for Sale
Santa Teresa Homes for Sale
Nearby Property Records
Otero County, NM Property Records
Dona Ana County, NM Property Records
El Paso County, TX Property Records
Hudspeth County, TX Property Records
Eddy County, NM Property Records
Sierra County, NM Property Records
Lincoln County, NM Property Records
Chaves County, NM Property Records
Neighborhoods
Eastview Real Estate
Kohlberg Real Estate
Bear Ridge Real Estate
Chaparral Park North Real Estate
High Ridge Real Estate
Ranchos del Sol Real Estate
Valley Creek North Real Estate
Thunderbird Real Estate
Nearby Counties
El Paso Homes for Sale
El Paso East Homes for Sale
El Paso Northwest Homes for Sale
Dona Ana Homes for Sale
Luna Homes for Sale
Lincoln Homes for Sale
Sierra Homes for Sale
Eddy Homes for Sale
Top Real Estate Agents
Top Agents in Otero
Top Agents in El Paso
Top Agents in El Paso
Top Agents in El Paso East
Top Agents in El Paso Northwest
Top Agents in 79938
Top Agents in 79928
Top Agents in 79912