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Single Family ResidenceResidential
$649,000$152 / 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 54How 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

35234 HIGHWAY 87

RATON, NM 87740
0
Baths
4,270 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.
20.96 ac
Lot SizeThe size of the land the home sits on, from county records.
1950
Year BuiltThe year the home was originally built, according to county records.

Valuation

$649K
$348K low$950K 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.$324,000
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$259,200
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.50%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$325,000
Null Placeholder · 6.53% · recorded Jun 24, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,071 (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.$72,620 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$30,152
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$42,468
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$52,990
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$217,861

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.144 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
CountyCOLFAX
Lot (acres)The size of the land the home sits on, from county records.20.96
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 · 3.5 mi
M
Raton High SchoolB+
Middle · Grades 7–12 · 4.1 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

35234 Highway 87 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 most valuable homes in Raton 87740
  • Costs more per square foot than 95% of homes in Raton 87740
  • Bigger than 97% of homes in Raton 87740
  • Among the largest lots in Raton 87740
  • Older than 69% 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
$39K$389K

This home is worth more than almost all 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$649,000
CheaperTypical $131,927Pricier

Pricier than almost all homes nearby

Price per ft²$152
CheaperTypical $87Pricier

Pricier than 95% of homes nearby

Living area4,270 ft²
SmallerTypical 1,366 ft²Bigger

Bigger than 97% of homes nearby

Lot size20.96 ac
SmallerTypical 0.24 acBigger

Bigger than almost all homes nearby

Year built1950
OlderTypical 1950Newer

Newer than 57% of homes nearby

How 35234 Highway 87 ranks against every home in each area.
MeasureThis homeRaton 87740Colfax County
Estimated valuepricier than$649,000almost all homes89% of homes
Price per ft²pricier than$15295% of homes51% of homes
Living areabigger than4,270 ft²97% of homes96% of homes
Lot sizebigger than20.96 acalmost all homes98% of homes
Year builtnewer than195057% of homes31% of homes

About 35234 Highway 87

How much is 35234 Highway 87, Raton, NM worth?

The TopHap Estimate for 35234 Highway 87, Raton, NM is $649,000 as of Jul 14, 2026. The likely range is $347,995 to $950,005. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 35234 Highway 87, Raton, NM last sell?

35234 Highway 87, Raton, NM last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 35234 Highway 87, Raton, NM?

35234 Highway 87, Raton, NM has 4,270 square feet of living space and a 20.96-acre lot.

When was 35234 Highway 87, Raton, NM built?

35234 Highway 87, Raton, NM was built in 1950, making it 76 years old.

What schools serve 35234 Highway 87, Raton, NM?

35234 Highway 87, 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 35234 Highway 87, Raton, NM compare to other homes in Raton 87740?

Among the 3,624 homes in Raton 87740, it is worth more than almost all of them ($649,000 against a typical $131,927), its price per square foot is higher than 95% of them ($152 against a typical $87), it is bigger than 97% of them (4,270 ft² against a typical 1,366 ft²), its lot is bigger than almost all of them (20.96 ac against a typical 0.24 ac) and it is newer than 57% of them (1950 against a typical 1950). Measured against all of Colfax County, it is worth more than 89% 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 35234 Highway 87, Raton, NM?

The 2025 property tax bill for 35234 Highway 87, Raton, NM was $1,071. The county assessed it at $72,620.

Closest homes

More homes in Raton 87740

Assigned schools

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