9 Castle Rd · Questa, NM 87556

$259,000

3 bd · 2.0 ba · 1,394 sqft · SingleFamily · 98 Days on market

Built 1970 Average condition 0.67 ac lot ↓ 18% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.8/30.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• DSCR +3.5/10.0
• 1% rule +3.4/10.0
• Livability +3.0/5.0
• Condition / age +2.8/5.0
• Rent growth +2.5/5.0
• Schools +1.5/10.0

Listing remarks MLS

9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water. Schedule your showing today to explore the potential this property has to offer.

Key facts

• Open-floor plan
• Ashley wood stove
• Heated garage

Tags

• OPEN-FLOOR PLAN
• ASHLEY WOOD STOVE
• HEATED GARAGE
• HEAT PUMP
• ARTIST’S STUDIO
• REMOTE OFFICE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $259k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $-72 ($-869/yr) — negative.
• To cash-flow at today's rent, offer at most $249k (4.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $217k (16.1% below list).
• Recommended offer: $217k (16.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#129 in NM) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D+, schools F.
• Questa Independent Schools (rural): math 7% / reading 23% proficiency, ranked #79 of 95 in NM (top 83%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 89% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 60 active listings in the ZIP; 127 units permitted in Taos County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($2k loan paydown + $8k appreciation (3.0% local appreciation)).
• Taos County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $73k cash investment doubles in ~7 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 98 days — a 9% lower offer ($236k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $81k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $217,401 (16.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.84% ✗
• Cap rate: 5.96%
• Cash-on-cash: -1.20%
• DSCR: 0.95
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.4%
• Equity multiple: 1.37×
• Total profit: $26,621
• Equity at exit: $116,458

10-year hold

• IRR: 9.3%
• Equity multiple: 2.40×
• Total profit: $101,316
• Equity at exit: $179,475

Cash invested: $72,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State New Mexico: 55 Moderately Landlord-Leaning · D+3
• County: — inherits STATE
• City: — inherits STATE

3-day notice but with cure rights; relocation assistance in some cities.

Methodology + full state rankings →

ZIP-level market 87556

• Active inventory: 60
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,174 medium
• Mortgage (P&I): −$1,358
• Tax est. 1.5%: −$324 /mo · $3,885/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$457
• Net cashflow: $-72

Break-even live

Break-even rent $2,266

Max offer price $248,520

Occupancy floor 98%

Sensitivity live

Price	-10% $107	-5% $17	+0% $-72	+5% $-162	+10% $-251
Rent	-10% $-244	-5% $-158	+0% $-72	+5% $13	+10% $99
Rate	-1.0pp $58	-0.5pp $-7	base $-72	+0.5pp $-140	+1.0pp $-208

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Listing history 45 events

1. 2026-06-21
   days on market $259,000 Active 98 DOM
2. 2026-06-18
   days on market $259,000 Active 96 DOM
3. 2026-06-17
   days on market $259,000 Active 95 DOM
4. 2026-06-16
   days on market $259,000 Active 94 DOM
5. 2026-06-15
   days on market $259,000 Active 93 DOM
6. 2026-06-13
   days on market $259,000 Active 91 DOM
7. 2026-06-12
   days on market $259,000 Active 90 DOM
8. 2026-06-09
   days on market $259,000 Active 87 DOM
9. 2026-06-08
   days on market $259,000 Active 86 DOM
10. 2026-06-07
    days on market $259,000 Active 85 DOM
11. 2026-06-05
    days on market $259,000 Active 83 DOM
12. 2026-06-04
    days on market $259,000 Active 81 DOM
13. 2026-06-02
    days on market $259,000 Active 80 DOM
14. 2026-06-01
    days on market $259,000 Active 79 DOM
15. 2026-05-31
    days on marketlisting id $259,000 Active 78 DOM
16. 2026-05-13
    price $285,000 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

17. 2026-05-13
    price $285,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

18. 2026-04-28
    price $299,000 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

19. 2026-04-28
    price $299,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

20. 2026-04-14
    price $310,000 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

21. 2026-04-14
    price $310,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

22. 2026-04-13
    price $326,500 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

23. 2026-04-13
    price $326,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

24. 2026-04-12
    price $328,000 1153-char remark

    Show marketing remark (1153 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water. Schedule your showing today to explore the potential this property has to offer.

25. 2026-04-11
    price $328,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

26. 2026-04-09
    price $329,500 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

27. 2026-04-09
    price $329,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

28. 2026-04-07
    price $331,000 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

29. 2026-04-07
    price $331,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

30. 2026-04-05
    price $332,500 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

31. 2026-04-05
    price $332,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

32. 2026-04-03
    price $334,000 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

33. 2026-04-03
    price $334,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

34. 2026-04-01
    price $335,500 1153-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

35. 2026-04-01
    price $335,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

36. 2026-03-30
    price $337,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

37. 2026-03-28
    price $338,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

38. 2026-03-26
    price $340,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

39. 2026-03-24
    price $341,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

40. 2026-03-22
    price $343,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

41. 2026-03-20
    price $344,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

42. 2026-03-19
    listed $340,000 Active 1153-char remark

    Show marketing remark (1153 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water. Schedule your showing today to explore the potential this property has to offer.

43. 2026-03-18
    price $346,000 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

44. 2026-03-16
    price $347,500 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

45. 2026-03-02
    listed $349,000 Active 1198-char remark

    Show marketing remark (1198 chars)

    9 Castle Road is a charming residence nestled in the quiet Questa Valley, a quaint community which offers spacious mountain and pastoral views. Upon entering the property you will find that the driveway is nicely paved. Entering the home, you are greeted with an open floor plan and several south-east facing windows that bring in not only natural heat and natural light but expansive mountain views from the comfort of the living room. The home includes 3 bedrooms, 2 bathrooms a spacious living room and kitchen, great for day to day living or entertaining. On those cold mornings before heading out, or evenings when you are settling in after a long, tiring day, relax in the comfort of a cozy Ashely wood burning heater. Don't feel like making a fire, no problem. The home also offers a forced air furnace for instantaneous heating when needed. The home is approximately 1,400 square feet in size but also includes an extra large heated garage allowing for one to create additional space one might need or dream of. The home is conveniently connected to village water and village sewer is available to connect to. Schedule your showing today to explore the potential this property has to offer.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 1/10 Low 12 d/yr ≥82°F today · 32 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,088
• − Mortgage interest: −$14,508
• − Property taxes: −$3,885
• − Insurance: −$1,295
• − Repairs & maintenance: −$2,087
• − Management: −$2,087
• − Depreciation: −$7,535
• Taxable loss: −$5,309
• Est. tax savings @ 24.0%: +$1,274
• After-tax cash flow: $405/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Average 55/100 Cosmetic rehab

The home is in average condition with cosmetic updates needed to enhance its curb appeal and value.

Repairs flagged

• Minor kitchen cabinets — dated and could be replaced
• Minor bathroom fixtures — standard and could be updated

Value-add opportunities

• Both paint exterior siding — enhances curb appeal and value
• Both replace kitchen cabinets — modernizes the space and adds value
• Both update bathroom fixtures — improves functionality and aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated and could be replaced	Minor	$500–3,000
bathroom fixtures · standard and could be updated	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both paint exterior siding — enhances curb appeal and value ↑
• Both replace kitchen cabinets — modernizes the space and adds value ↑
• Both update bathroom fixtures — improves functionality and aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Questa Independent Schools
• NCES district ID: 3502160
• Math proficiency: 7% —
• Reading proficiency: 23% —
• Median HH income: $31,361
• Composite: 15.41/100
• National rank: #14344
• State rank: #79 of 95 in NM

Livability — Questa

• Score: 59/100
• State rank: #129
• US rank: #20235

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment D+ Housing A+ Health & safety C- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Questa, NM
• Population (ZIP): 2,433

Population outlook (Taos County) Hauer SSP2

• Today (2025): 32,771 people
• By 2030: 32,128 · -2.0%
• By 2040: 29,938 · -8.6%
• By 2050: 27,593 · -15.8%
• By 2075: 23,279 · -29.0%
• By 2100: 18,948 · -42.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (72%)
• Race & ethnicity: Hispanic / Latino 72% White 26% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Italian 7% Slovak 1% Romanian 1%
• Foreign-born: 6% · Canada
• Languages at home: 55% English-only · Spanish 45%

Political lean MEDSL · Taos

• 2024 margin: Solid D (+47.5) · D 72.4% · R 24.9% · Other 2.8%
• 2008→2024 swing: -17.4pp toward R · 2008: 64.8pp · 2024: 47.5pp
• All cycles: 2024: D+47.5 2020: D+54.8 2016: D+52.0 2012: D+60.2 2008: D+64.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-18.3% since first listed

30 events — show timeline

• 2026-05-13 Price Changed $285,000 Santa Fe MLS
• 2026-05-13 Price Changed $285,000 TCAR
• 2026-04-28 Price Changed $299,000 Santa Fe MLS
• 2026-04-28 Price Changed $299,000 TCAR
• 2026-04-14 Price Changed $310,000 Santa Fe MLS
• 2026-04-14 Price Changed $310,000 TCAR
• 2026-04-13 Price Changed $326,500 Santa Fe MLS
• 2026-04-13 Price Changed $326,500 TCAR
• 2026-04-12 Price Changed $328,000 Santa Fe MLS
• 2026-04-11 Price Changed $328,000 TCAR
• 2026-04-09 Price Changed $329,500 Santa Fe MLS
• 2026-04-09 Price Changed $329,500 TCAR
• 2026-04-07 Price Changed $331,000 Santa Fe MLS
• 2026-04-07 Price Changed $331,000 TCAR
• 2026-04-05 Price Changed $332,500 Santa Fe MLS
• 2026-04-05 Price Changed $332,500 TCAR
• 2026-04-03 Price Changed $334,000 Santa Fe MLS
• 2026-04-03 Price Changed $334,000 TCAR
• 2026-04-01 Price Changed $335,500 Santa Fe MLS
• 2026-04-01 Price Changed $335,500 TCAR
• 2026-03-30 Price Changed $337,000 TCAR
• 2026-03-28 Price Changed $338,500 TCAR
• 2026-03-26 Price Changed $340,000 TCAR
• 2026-03-24 Price Changed $341,500 TCAR
• 2026-03-22 Price Changed $343,000 TCAR
• 2026-03-20 Price Changed $344,500 TCAR
• 2026-03-19 Listed $340,000 Santa Fe MLS
• 2026-03-18 Price Changed $346,000 TCAR
• 2026-03-16 Price Changed $347,500 TCAR
• 2026-03-02 Listed $349,000 TCAR