3664 W Maya Ct · Las Cruces, NM 88012

$312,000

4 bd · 2.0 ba · 2,034 sqft · SingleFamily public records · 46 Days on market

Built 2019 5,663 sqft lot $153/sqft · at area comps Est $327k · at est. ↓ 2% since listing

---

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).

• ARV discount +9.6/15.0
• Cash flow +8.1/30.0
• Schools +4.6/10.0
• Rent growth +3.4/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• 1% rule +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 3664 W Maya Court in the desirable Metro Verde community! This beautiful 2,034 sq. ft. home features 4 bedrooms, 2 bathrooms, and a versatile flex room. Enjoy stunning coffered and vaulted ceilings, two living areas, and a functional open floor plan. The spacious kitchen offers stainless steel appliances, a large island, and a walk-in pantry. Recent updates include fresh paint, new fixtures, and new carpet. Complete with paid-off solar panels and low-maintenance xeriscape landscaping in the front and back yards, this move-in-ready home is an incredible opportunity with instant equity! Priced to sell. Call Milano today!

Key facts

• Breakfast nook
• Solar
• New paint

Tags

• FINISHED 2 CAR GARAGE
• FUNCTIONAL FLOOR PLAN
• BREAKFAST NOOK
• NEW PAINT
• PRIVATE LANDSCAPED BACKYARD
• SOLAR

Property features AI

Exterior

• Parking: 2-car garage; Garage door opener
• Utilities: Public water; Natural gas available; Solar
• Home design: Single family residence; One story
• Construction: Brick veneer and stucco exterior; Slab foundation
• Exterior features: Covered patio/porch; Located on a cul-de-sac

Interior

• Kitchen: Dishwasher; Gas cooktop; Microwave
• Bedrooms: Walk-in closet(s) in bedroom(s)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air
• Interior features: Kitchen island; Pantry; Walk-in closet(s); Open floorplan; Double pane windows
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $312k.

Deal economics

• At list price, monthly cash flow is $-306 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $258k (17.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $215k (31.2% below list).
• Recommended offer: $215k (31.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#120 in NM) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: amenities D+, crime F, commute F.
• Las Cruces Public Schools (urban): math 42% / reading 68% proficiency, ranked #5 of 29 in NM (top 17%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Monte Vista Elementary (718 students, 100% FRL); Mesa Middle (803 students, 100% FRL); Organ Mountain High School (math 32% / reading 62%, grade D-, #56 of 110 statewide, top 50%, 1,980 students, 0% FRL) — zoned schools at 67% FRL track the district average.
• Market conditions: Rents rising (+3.5%/yr); 598 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 964 units permitted in Doña Ana County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($69k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($303k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 5→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $214,619 (31.2% 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 46 days. Have you received any prior offers? Is the seller open to a 31% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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?
7. 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.
8. 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.
9. 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: 0.69% ✗
• Cap rate: 5.12%
• Cash-on-cash: -4.21%
• DSCR: 0.81
• GRM: 12.1

CMA / ARV

• ARV (median comp): $327,430
• List price: $312,000
• Delta: -4.71%
• Verdict: FAIR
• Comps: 2 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.52% rent growth · sell at horizon

5-year hold

• IRR: -22.9%
• Equity multiple: 0.21×
• Total profit: $-68,993
• Equity at exit: $46,520

10-year hold

• IRR: -16.2%
• Equity multiple: 0.08×
• Total profit: $-80,762
• Equity at exit: $26,976

Cash invested: $87,360 (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 88012

• Home prices YoY: -26.2%
• Rents YoY: 3.5%
• Active inventory: 598
• Price-to-rent: 12.1×

Monthly cashflow live

• Estimated rent: $2,146 high
• Mortgage (P&I): −$1,636
• Tax from tax record: −$236 /mo · $2,826/yr
• Insurance: −$130
• HOA: −$0
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $-306

Break-even live

Break-even rent $2,534

Max offer price $257,910

Occupancy floor —

Sensitivity live

Price	-10% $-130	-5% $-218	+0% $-306	+5% $-394	+10% $-483
Rent	-10% $-476	-5% $-391	+0% $-306	+5% $-221	+10% $-137
Rate	-1.0pp $-149	-0.5pp $-227	base $-306	+0.5pp $-387	+1.0pp $-469

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: $78,000
• Closing costs: $9,360
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3652 Springhaven Loop Las Cruces, NM	4.0	3.0	2126	$2,500	$1.18	15d	1	0.49mi
3575 Sierra del Sol Ave Las Cruces, NM	3.0	2.0	1700	$1,950	$1.15	45d	1	0.58mi
7516 Sierra de Oro Pl Las Cruces, NM	4.0	2.0	1549	$1,895	$1.22	15d	1	0.86mi
7353 Vista de Sobre Dr Las Cruces, NM	3.0	2.0	1506	$1,895	$1.26	45d	1	0.94mi
3833 Ranchers Rd Las Cruces, NM	3.0	2.0	1600	$2,000	$1.25	45d	1	0.95mi
7013 Silver Spur St Las Cruces, NM	3.0	2.5	2330	$2,200	$0.94	23d	1	1.00mi
5015 Emerald St Las Cruces, NM	3.0	2.0	1426	$1,450	$1.02	45d	1	1.22mi
3670 Gem St Las Cruces, NM	3.0	2.0	1446	$1,700	$1.18	45d	1	1.24mi
3350 Longview Ln Las Cruces, NM	3.0	2.0	2135	$1,895	$0.89	45d	1	1.24mi
4025 Boardwalk Rd Las Cruces, NM	4.0	2.5	2530	$2,495	$0.99	23d	1	1.41mi
3860 Las Colinas Dr Las Cruces, NM	3.0	2.5	1550	$1,600	$1.03	23d	1	1.43mi

Listing history 9 events

1. 2026-06-08
   status $312,000 Pending 46 DOM
2. 2026-06-07
   days on market $312,000 Active 46 DOM
3. 2026-06-02
   days on market $312,000 Active 41 DOM
4. 2026-06-01
   days on market $312,000 Active 40 DOM
5. 2026-06-01
   remarks 637-char remark
6. 2026-05-31
   days on market $312,000 Active 39 DOM
7. 2026-05-30
   days on market $312,000 Active 38 DOM
8. 2026-05-05
   price $314,900 320-char remark
9. 2026-04-22
   listed $319,000 Active 320-char remark

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

Tax reassessment forecast NM · Resets to sale price

• Current annual tax: $2,826 · $236/mo
• Projected year-2 tax: $2,826 · $236/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 5 d/yr ≥98°F today · 18 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: $25,754
• − Mortgage interest: −$17,477
• − Property taxes: −$2,826
• − Insurance: −$1,560
• − Repairs & maintenance: −$2,060
• − Management: −$2,060
• − Depreciation: −$9,076
• Taxable loss: −$9,306
• Est. tax savings @ 24.0%: +$2,233
• After-tax cash flow: $-1,441/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.

Schools (NCES district)

• District: Las Cruces Public Schools
• NCES district ID: 3501500
• Math proficiency: 42% ▲ 24.00%
• Reading proficiency: 68% ▲ 35.00%
• Median HH income: $41,157
• Composite: 45.98/100
• National rank: #2535
• State rank: #5 of 29 in NM

Livability — Las Cruces

• Score: 59/100
• State rank: #120
• US rank: #19687

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Las Cruces, NM
• County: Dona Ana County · 144,044 people
• City population: 131,421
• Metro: Las Cruces, NM
• Population (ZIP): 33,158
• Household income: $69,052
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 717.0

Population outlook (Doña Ana County) Hauer SSP2

• Today (2025): 219,177 people
• By 2030: 220,967 · +0.8%
• By 2040: 222,775 · +1.6%
• By 2050: 223,576 · +2.0%
• By 2075: 228,461 · +4.2%
• By 2100: 214,536 · -2.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (63%)
• Race & ethnicity: Hispanic / Latino 63% White 32% Two or more races 25% Native American 2% Black 1% Asian 1%
• Hispanic origin (detail): Mexican 55%
• Common ancestry: Slovak 2% Russian 1% Iranian 1%
• Foreign-born: 10% · Canada, South Korea
• Languages at home: 65% English-only · Spanish 33%

Political lean MEDSL · Doña Ana

• 2024 margin: Lean D (+9.8) · D 53.8% · R 44.0% · Other 2.2%
• 2008→2024 swing: -7.9pp toward R · 2008: 17.6pp · 2024: 9.8pp
• All cycles: 2024: D+9.8 2020: D+18.3 2016: D+18.0 2012: D+14.9 2008: D+17.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.04%
• Current HPI: 185.7733
• Rent YoY: ▲ 3.52%
• Metro: Las Cruces, NM
• State GDP YoY: —
• F500 in state: 0

Price history

-2.2% since first listed

4 events — show timeline

• 2026-06-07 Pending — SNMMLS as distributed by MLS GRID
• 2026-05-27 Price Changed $312,000 SNMMLS as distributed by MLS GRID
• 2026-05-05 Price Changed $314,900 SNMMLS as distributed by MLS GRID
• 2026-04-22 Listed $319,000 SNMMLS as distributed by MLS GRID

Property tax history

+28.7%/yr

Latest (2025): $2,826 · +2.4% YoY. Source: county tax records.