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Single Family ResidenceResidential
$36,720$55 / 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 44How 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

261 MARTINEZ ST

RATON, NM 87740
0
Baths
672 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.
2,152 ft²
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.

Valuation

$37K
$16K low$57K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$36,720
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$29,376

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$46 (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.$3,787 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$370
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$3,417
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$3,677
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$11,361

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.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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
CountyCOLFAX
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1964
Lot (acres)The size of the land the home sits on, from county records.0.05
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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
Longfellow Elementary SchoolC-
Elementary · Grades PK–2 · 0.7 mi
M
Raton High SchoolB+
Middle · Grades 7–12 · 1.8 mi

District: Raton Public Schools

Neighborhood · ZIP 87740These 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.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

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.73%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
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.7,494
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$46,941
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57,742
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.19 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

261 Martinez St 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.

  • Among the least valuable homes in Colfax County
  • Costs less per square foot than 93% of homes in Colfax County
  • Smaller than 96% of homes in Raton 87740
  • Has a smaller lot than 98% of homes in Raton 87740
  • Older than 84% of homes in Colfax County

What homes are worth in Raton 87740

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

This home
$37K$375K

This home is worth more than 2% of homes in Raton 87740.

How it measures up in Raton 87740

The dot is this home. The mark in the middle is the typical home in Raton 87740.

Estimated value$36,720
CheaperTypical $131,412Pricier

Pricier than 2% of homes nearby

Price per ft²$55
CheaperTypical $87Pricier

Pricier than 13% of homes nearby

Living area672 ft²
SmallerTypical 1,368 ft²Bigger

Bigger than 4% of homes nearby

Lot size2,152 ft²
SmallerTypical 0.24 acBigger

Bigger than 2% of homes nearby

Year built1930
OlderTypical 1950Newer

Newer than 30% of homes nearby

How 261 Martinez St ranks against every home in each area.
MeasureThis homeRaton 87740Colfax County
Estimated valuepricier than$36,7202% of homesalmost no homes
Price per ft²pricier than$5513% of homes7% of homes
Living areabigger than672 ft²4% of homes5% of homes
Lot sizebigger than2,152 ft²2% of homes2% of homes
Year builtnewer than193030% of homes16% of homes

About 261 Martinez St

How much is 261 Martinez St, Raton, NM worth?

The TopHap Estimate for 261 Martinez St, Raton, NM is $36,720 as of Jul 14, 2026. The likely range is $16,250 to $57,190. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 261 Martinez St, Raton, NM last sell?

261 Martinez St, Raton, NM last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 261 Martinez St, Raton, NM?

261 Martinez St, Raton, NM has 672 square feet of living space and a 0.05-acre lot.

When was 261 Martinez St, Raton, NM built?

261 Martinez St, Raton, NM was built in 1930, making it 96 years old.

What schools serve 261 Martinez St, Raton, NM?

261 Martinez St, Raton, NM is assigned to Longfellow Elementary School (elementary), rated C-; Raton High School (middle), rated B+. All sit in Raton Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 261 Martinez St, Raton, NM compare to other homes in Raton 87740?

Among the 3,624 homes in Raton 87740, it is worth more than 2% of them ($36,720 against a typical $131,412), its price per square foot is higher than 13% of them ($55 against a typical $87), it is bigger than 4% of them (672 ft² against a typical 1,368 ft²), its lot is bigger than 2% of them (2,152 ft² against a typical 0.24 ac) and it is newer than 30% of them (1930 against a typical 1950). Measured against all of Colfax County, it is worth more than almost no 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 261 Martinez St, Raton, NM?

The 2025 property tax bill for 261 Martinez St, Raton, NM was $46. The county assessed it at $3,787.

More homes on Martinez St

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Assigned schools

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