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Rural ResidenceResidential
$255,040$93 / 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 87How 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
Last sold for $200,200 on Mar 7, 2023

647 OLD CAVERN RURAL HWY

CARLSBAD, NM 88220
0
Baths
2,742 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 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$255K
$223K low$287K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$200,200 · Mar 7, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$841 (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.$65,771 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$60,771
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$63,855
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$197,312

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.7 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.Rural Residence
CountyEDDY
Lot (acres)The size of the land the home sits on, from county records.1.00
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

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
Desert Willow Elementary SchoolB
Elementary · Grades 1–5 · 7.5 mi
M
PR Leyva Middle SchoolA
Middle · Grades 6–8 · 9.7 mi
H
Carlsbad High SchoolB-
High · Grades 9–12 · 10.1 mi

District: Carlsbad Municipal Schools

Neighborhood · ZIP 88220These 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.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.99
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

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.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
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.40,733
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.18 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,375
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,273
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

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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

647 Old Cavern Rural Hwy 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.

  • Costs less per square foot than 93% of homes in Carlsbad 88220
  • Bigger than 89% of homes in Carlsbad 88220
  • Has a bigger lot than 91% of homes in Carlsbad 88220

What homes are worth in Carlsbad 88220

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

This home
$100K$596K

This home is worth more than 57% of homes in Carlsbad 88220.

How it measures up in Carlsbad 88220

The dot is this home. The mark in the middle is the typical home in Carlsbad 88220.

Estimated value$255,040
CheaperTypical $236,321Pricier

Pricier than 57% of homes nearby

Price per ft²$93
CheaperTypical $147Pricier

Pricier than 7% of homes nearby

Living area2,742 ft²
SmallerTypical 1,576 ft²Bigger

Bigger than 89% of homes nearby

Lot size1 ac
SmallerTypical 0.19 acBigger

Bigger than 91% of homes nearby

How 647 Old Cavern Rural Hwy ranks against every home in each area.
MeasureThis homeCarlsbad 88220Eddy County
Estimated valuepricier than$255,04057% of homes62% of homes
Price per ft²pricier than$937% of homes14% of homes
Living areabigger than2,742 ft²89% of homes89% of homes
Lot sizebigger than1 ac91% of homes87% of homes

About 647 Old Cavern Rural Hwy

How much is 647 Old Cavern Rural Hwy, Carlsbad, NM worth?

The TopHap Estimate for 647 Old Cavern Rural Hwy, Carlsbad, NM is $255,040 as of Sep 24, 2026. The likely range is $223,035 to $287,045. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 647 Old Cavern Rural Hwy, Carlsbad, NM last sell?

647 Old Cavern Rural Hwy, Carlsbad, NM last sold on Mar 7, 2023 for $200,200, according to the county's recorded deed.

How big is 647 Old Cavern Rural Hwy, Carlsbad, NM?

647 Old Cavern Rural Hwy, Carlsbad, NM has 2,742 square feet of living space and a 1.00-acre lot.

What schools serve 647 Old Cavern Rural Hwy, Carlsbad, NM?

647 Old Cavern Rural Hwy, Carlsbad, NM is assigned to Desert Willow Elementary School (elementary), rated B; PR Leyva Middle School (middle), rated A; Carlsbad High School (high), rated B-. All sit in Carlsbad Municipal Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 647 Old Cavern Rural Hwy, Carlsbad, NM compare to other homes in Carlsbad 88220?

Among the 16,419 homes in Carlsbad 88220, it is worth more than 57% of them ($255,040 against a typical $236,321), its price per square foot is higher than 7% of them ($93 against a typical $147), it is bigger than 89% of them (2,742 ft² against a typical 1,576 ft²) and its lot is bigger than 91% of them (1 ac against a typical 0.19 ac). Measured against all of Eddy County, it is worth more than 62% 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 647 Old Cavern Rural Hwy, Carlsbad, NM?

The 2025 property tax bill for 647 Old Cavern Rural Hwy, Carlsbad, NM was $841. The county assessed it at $65,771.

Closest homes

More homes in Carlsbad 88220

Assigned schools

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