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Single Family ResidenceResidential
$375,174$182 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

2403 MUNICIPAL DR

FARMINGTON, NM 87401
0
Baths
2,058 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.
0.37 ac
Lot SizeThe size of the land the home sits on, from county records.
1995
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$375K
$359K low$391K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,098 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$88,982 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$86,390
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$266,947

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.42
51
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
41
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
3
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
43
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.15 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.minimal

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
CountySan Juan
Lot (acres)The size of the land the home sits on, from county records.0.37
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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.

H
Farmington High SchoolB-
High · Grades 9–12 · 0.5 mi
E
Ladera del Norte Elementary SchoolC
Elementary · Grades KG–5 · 0.9 mi
M
Tibbetts Middle SchoolC-
Middle · Grades 6–8 · 2.5 mi

District: Farmington Municipal Schools

Neighborhood · ZIP 87401These 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.98
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.54

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.28%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.45,299
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.195 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,249
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$73,040
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.10 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

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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

2403 Municipal Dr 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 79% of homes in Farmington 87401
  • Bigger than 83% of homes in Farmington 87401
  • Has a bigger lot than 67% of homes in Farmington 87401
  • Newer than 66% of homes in Farmington 87401

What homes are worth in Farmington 87401

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

This home
$133K$660K

This home is worth more than 79% of homes in Farmington 87401.

How it measures up in Farmington 87401

The dot is this home. The mark in the middle is the typical home in Farmington 87401.

Estimated value$375,174
CheaperTypical $283,713Pricier

Pricier than 79% of homes nearby

Price per ft²$182
CheaperTypical $184Pricier

Pricier than 48% of homes nearby

Living area2,058 ft²
SmallerTypical 1,426 ft²Bigger

Bigger than 83% of homes nearby

Lot size0.37 ac
SmallerTypical 0.23 acBigger

Bigger than 67% of homes nearby

Year built1995
OlderTypical 1982Newer

Newer than 66% of homes nearby

How 2403 Municipal Dr ranks against every home in each area.
MeasureThis homeFarmington 87401San Juan County
Estimated valuepricier than$375,17479% of homes78% of homes
Price per ft²pricier than$18248% of homes50% of homes
Living areabigger than2,058 ft²83% of homes82% of homes
Lot sizebigger than0.37 ac67% of homes49% of homes
Year builtnewer than199566% of homes61% of homes

About 2403 Municipal Dr

How much is 2403 Municipal Dr, Farmington, NM worth?

The TopHap Estimate for 2403 Municipal Dr, Farmington, NM is $375,174 as of Sep 24, 2026. The likely range is $358,915 to $391,433. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2403 Municipal Dr, Farmington, NM last sell?

2403 Municipal Dr, Farmington, NM last sold on Jul 13, 2018, according to the county's recorded deed.

How big is 2403 Municipal Dr, Farmington, NM?

2403 Municipal Dr, Farmington, NM has 2,058 square feet of living space and a 0.37-acre lot.

When was 2403 Municipal Dr, Farmington, NM built?

2403 Municipal Dr, Farmington, NM was built in 1995, making it 31 years old. The building has 1 story.

What schools serve 2403 Municipal Dr, Farmington, NM?

2403 Municipal Dr, Farmington, NM is assigned to Farmington High School (high), rated B-; Ladera del Norte Elementary School (elementary), rated C; Tibbetts Middle School (middle), rated C-. All sit in Farmington Municipal Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2403 Municipal Dr, Farmington, NM compare to other homes in Farmington 87401?

Among the 17,836 homes in Farmington 87401, it is worth more than 79% of them ($375,174 against a typical $283,713), its price per square foot is higher than 48% of them ($182 against a typical $184), it is bigger than 83% of them (2,058 ft² against a typical 1,426 ft²), its lot is bigger than 67% of them (0.37 ac against a typical 0.23 ac) and it is newer than 66% of them (1995 against a typical 1982). Measured against all of San Juan County, it is worth more than 78% 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 2403 Municipal Dr, Farmington, NM?

The 2025 property tax bill for 2403 Municipal Dr, Farmington, NM was $2,098. The county assessed it at $88,982.

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