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Single Family ResidenceResidential
$293,640$163 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 52How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $793,800 on Oct 2, 2015

1242 RUSSELL GAP RD

HOPE, NM 88250
1
Baths
1,800 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1,602 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$294K
$152K low$435K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$793,800 · Oct 2, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$404 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$23,903 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,910
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$19,993
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$9,385
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$71,712

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCHAVES
Lot (acres)The size of the land the home sits on, from county records.1602.00
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Penasco Elementary SchoolD+
Elementary · Grades KG–8 · 19.1 mi
H
Artesia High SchoolB
High · Grades 10–12 · 41.1 mi

District: Artesia Public Schools

Neighborhood · ZIP 88250These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.103
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.100
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.78%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.516
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$69,324
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,963
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.16 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1242 Russell Gap Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 82% of homes in Chaves County
  • Costs more per square foot than 86% of homes in Chaves County
  • Bigger than 72% of homes in Chaves County
  • Among the largest lots in Chaves County

What homes are worth in Hope 88250

Each bar is how many homes fall in that price range. The marker is this home.

This home
$129K$586K

This home is worth more than 63% of homes in Hope 88250.

How it measures up in Hope 88250

The dot is this home. The mark in the middle is the typical home in Hope 88250.

Estimated value$293,640
CheaperTypical $266,967Pricier

Pricier than 63% of homes nearby

Price per ft²$163
CheaperTypical $152Pricier

Pricier than 69% of homes nearby

Living area1,800 ft²
SmallerTypical 1,494 ft²Bigger

Bigger than 67% of homes nearby

Lot size1,602 ac
SmallerTypical 0.16 acBigger

Bigger than 95% of homes nearby

How 1242 Russell Gap Rd ranks against every home in each area.
MeasureThis homeHope 88250Chaves County
Estimated valuepricier than$293,64063% of homes82% of homes
Price per ft²pricier than$16369% of homes86% of homes
Living areabigger than1,800 ft²67% of homes72% of homes
Lot sizebigger than1,602 ac95% of homesalmost all homes

About 1242 Russell Gap Rd

How much is 1242 Russell Gap Rd, Hope, NM worth?

The TopHap Estimate for 1242 Russell Gap Rd, Hope, NM is $293,640 as of Jul 14, 2026. The likely range is $152,049 to $435,231. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1242 Russell Gap Rd, Hope, NM last sell?

1242 Russell Gap Rd, Hope, NM last sold on Oct 2, 2015 for $793,800, according to the county's recorded deed.

How big is 1242 Russell Gap Rd, Hope, NM?

1242 Russell Gap Rd, Hope, NM has 1 bathrooms, 1,800 square feet of living space and a 1602.00-acre lot.

What schools serve 1242 Russell Gap Rd, Hope, NM?

1242 Russell Gap Rd, Hope, NM is assigned to Penasco Elementary School (elementary), rated D+; Artesia High School (high), rated B. All sit in Artesia Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1242 Russell Gap Rd, Hope, NM compare to other homes in Hope 88250?

Among the 115 homes in Hope 88250, it is worth more than 63% of them ($293,640 against a typical $266,967), its price per square foot is higher than 69% of them ($163 against a typical $152), it is bigger than 67% of them (1,800 ft² against a typical 1,494 ft²) and its lot is bigger than 95% of them (1,602 ac against a typical 0.16 ac). Measured against all of Chaves County, it is worth more than 82% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1242 Russell Gap Rd, Hope, NM?

The 2026 property tax bill for 1242 Russell Gap Rd, Hope, NM was $404. The county assessed it at $23,903.

Closest homes

More homes in Hope 88250

Assigned schools

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