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Single Family ResidenceResidential
$54,950$68 / 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 92How 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

508 5TH ST

ALAMOGORDO, NM 88310
2
Beds
1
Baths
806 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.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1942
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$55K
$50K low$60K 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.$29,950
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$23,960
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.43%
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.$25,000
PENTAGON FCU · recorded Apr 28, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$554 (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.$26,255 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,515
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$21,740
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$21,704
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$78,764

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.56
35
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
59
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
85
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
7
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
98
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.59 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.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
CountyOTERO
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.1995
Lot (acres)The size of the land the home sits on, from county records.0.17
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Floor/Wall Furnace
CoolingThe type of cooling or air conditioning in the home.Evaporative
GarageWhether the property has a garage, and details like whether it is attached to the home.Carport (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 60 ft²

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.

H
Alamogordo High SchoolB+
High · Grades 9–12 · 0.5 mi
E
Desert Star Elementary SchoolD+
Elementary · Grades KG–5 · 0.9 mi
M
Mountain View Middle SchoolC
Middle · Grades 6–8 · 0.9 mi

District: Alamogordo Public Schools

Neighborhood · ZIP 88310These 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.93
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.72

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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.37,459
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.51 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,181
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,482
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.12 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

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

508 5th 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 Alamogordo 88310
  • Costs less per square foot than 95% of homes in Otero County
  • Smaller than 96% of homes in Alamogordo 88310
  • Has a smaller lot than 76% of homes in Otero County
  • Older than 97% of homes in Alamogordo 88310

What homes are worth in Alamogordo 88310

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

This home
$66K$603K

This home is worth less than almost all homes in Alamogordo 88310.

How it measures up in Alamogordo 88310

The dot is this home. The mark in the middle is the typical home in Alamogordo 88310.

Estimated value$54,950
CheaperTypical $191,130Pricier

Cheaper than almost all homes nearby

Price per ft²$68
CheaperTypical $126Pricier

Pricier than 6% of homes nearby

Living area806 ft²
SmallerTypical 1,600 ft²Bigger

Bigger than 4% of homes nearby

Lot size0.17 ac
SmallerTypical 0.19 acBigger

Bigger than 33% of homes nearby

Year built1942
OlderTypical 1979Newer

Newer than 3% of homes nearby

How 508 5th St ranks against every home in each area.
MeasureThis homeAlamogordo 88310Otero County
Estimated valuepricier than$54,950almost no homesalmost no homes
Price per ft²pricier than$686% of homes5% of homes
Living areabigger than806 ft²4% of homes8% of homes
Lot sizebigger than0.17 ac33% of homes24% of homes
Year builtnewer than19423% of homes3% of homes

About 508 5th St

How much is 508 5th St, Alamogordo, NM worth?

The TopHap Estimate for 508 5th St, Alamogordo, NM is $54,950 as of Jul 14, 2026. The likely range is $50,300 to $59,600. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 5th St, Alamogordo, NM last sell?

508 5th St, Alamogordo, NM last sold on Sep 13, 2024, according to the county's recorded deed.

How big is 508 5th St, Alamogordo, NM?

508 5th St, Alamogordo, NM has 2 bedrooms, 1 bathrooms, 806 square feet of living space and a 0.17-acre lot.

When was 508 5th St, Alamogordo, NM built?

508 5th St, Alamogordo, NM was built in 1942, making it 84 years old. The building has 1 story.

What schools serve 508 5th St, Alamogordo, NM?

508 5th St, Alamogordo, NM is assigned to Alamogordo High School (high), rated B+; Desert Star Elementary School (elementary), rated D+; Mountain View Middle School (middle), rated C. All sit in Alamogordo Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 5th St, Alamogordo, NM compare to other homes in Alamogordo 88310?

Among the 12,963 homes in Alamogordo 88310, it is worth more than almost none of them ($54,950 against a typical $191,130), its price per square foot is higher than 6% of them ($68 against a typical $126), it is bigger than 4% of them (806 ft² against a typical 1,600 ft²), its lot is bigger than 33% of them (0.17 ac against a typical 0.19 ac) and it is newer than 3% of them (1942 against a typical 1979). Measured against all of Otero 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 508 5th St, Alamogordo, NM?

The 2025 property tax bill for 508 5th St, Alamogordo, NM was $554. The county assessed it at $26,255.

Closest homes

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Assigned schools

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