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Single Family ResidenceResidential
$262,523$438 / 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 93How 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 $238,009 on Jan 8, 2026

8 INDEPENDENCE DR

CABALLO, NM 87931
1
Beds
1
Baths
600 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.
4.88 ac
Lot SizeThe size of the land the home sits on, from county records.
2024
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$263K
$244K low$281K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$238,009 · Jan 8, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,717 (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.$68,918 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,401
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$50,517
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$18,557
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$206,754

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.17
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
77
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
11
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
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
CountySIERRA
Lot (acres)The size of the land the home sits on, from county records.4.88
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Arrey Elementary SchoolC+
Elementary · Grades PK–5 · 4.9 mi
H
Hot Springs High SchoolC+
High · Grades 9–12 · 16.2 mi
M
T or C Middle SchoolC-
Middle · Grades 6–8 · 16.3 mi

District: Truth or Consequences Schools

Neighborhood · ZIP 87931These 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.80
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 100.60

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.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.23%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.6%
PopulationHow many people live in this area.160
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$44,016
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$63,727
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.14 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

8 Independence 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 76% of homes in Sierra County
  • Among the highest price per square foot in Sierra County
  • Smaller than 97% of homes in Sierra County
  • Has a bigger lot than 85% of homes in Sierra County
  • Among the newest homes in Caballo 87931

What homes are worth in Caballo 87931

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

This home
$71K$475K

This home is worth more than 71% of homes in Caballo 87931.

How it measures up in Caballo 87931

The dot is this home. The mark in the middle is the typical home in Caballo 87931.

Estimated value$262,523
CheaperTypical $193,990Pricier

Pricier than 71% of homes nearby

Price per ft²$438
CheaperTypical $166Pricier

Pricier than 98% of homes nearby

Living area600 ft²
SmallerTypical 1,482 ft²Bigger

Bigger than 5% of homes nearby

Lot size4.88 ac
SmallerTypical 1.5 acBigger

Bigger than 74% of homes nearby

Year built2024
OlderTypical 1989Newer

Newer than almost all homes nearby

How 8 Independence Dr ranks against every home in each area.
MeasureThis homeCaballo 87931Sierra County
Estimated valuepricier than$262,52371% of homes76% of homes
Price per ft²pricier than$43898% of homesalmost all homes
Living areabigger than600 ft²5% of homes3% of homes
Lot sizebigger than4.88 ac74% of homes85% of homes
Year builtnewer than2024almost all homesalmost all homes

About 8 Independence Dr

How much is 8 Independence Dr, Caballo, NM worth?

The TopHap Estimate for 8 Independence Dr, Caballo, NM is $262,523 as of Sep 24, 2026. The likely range is $244,360 to $280,686. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 8 Independence Dr, Caballo, NM last sell?

8 Independence Dr, Caballo, NM last sold on Jan 8, 2026 for $238,009, according to the county's recorded deed.

How big is 8 Independence Dr, Caballo, NM?

8 Independence Dr, Caballo, NM has 1 bedrooms, 1 bathrooms, 600 square feet of living space and a 4.88-acre lot.

When was 8 Independence Dr, Caballo, NM built?

8 Independence Dr, Caballo, NM was built in 2024, making it 2 years old. The building has 1 story.

What schools serve 8 Independence Dr, Caballo, NM?

8 Independence Dr, Caballo, NM is assigned to Arrey Elementary School (elementary), rated C+; Hot Springs High School (high), rated C+; T or C Middle School (middle), rated C-. All sit in Truth or Consequences Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 8 Independence Dr, Caballo, NM compare to other homes in Caballo 87931?

Among the 765 homes in Caballo 87931, it is worth more than 71% of them ($262,523 against a typical $193,990), its price per square foot is higher than 98% of them ($438 against a typical $166), it is bigger than 5% of them (600 ft² against a typical 1,482 ft²), its lot is bigger than 74% of them (4.88 ac against a typical 1.5 ac) and it is newer than almost all of them (2024 against a typical 1989). Measured against all of Sierra County, it is worth more than 76% 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 8 Independence Dr, Caballo, NM?

The 2025 property tax bill for 8 Independence Dr, Caballo, NM was $1,717. The county assessed it at $68,918.

More homes on Independence Dr

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More homes in Caballo 87931

Assigned schools

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