Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$48,875$58 / 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 79How 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

137 WATER ST

RATON, NM 87740
0
Baths
840 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1935
Year BuiltThe year the home was originally built, according to county records.

Valuation

$49K
$38K low$59K 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.$48,875
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$39,100

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$197 (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.$9,469 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,083
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$8,386
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$9,193
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$28,406

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.19 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
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.0.15
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
Longfellow Elementary SchoolC-
Elementary · Grades PK–2 · 0.1 mi
M
Raton High SchoolB+
Middle · Grades 7–12 · 1.3 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

137 Water 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.

  • Worth less than 97% of homes in Colfax County
  • Costs less per square foot than 90% of homes in Colfax County
  • Smaller than 89% of homes in Raton 87740
  • Has a smaller lot than 89% of homes in Colfax County
  • Older than 83% 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
$38K$389K

This home is worth more than 5% 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$48,875
CheaperTypical $131,531Pricier

Pricier than 5% of homes nearby

Price per ft²$58
CheaperTypical $87Pricier

Pricier than 16% of homes nearby

Living area840 ft²
SmallerTypical 1,360 ft²Bigger

Bigger than 11% of homes nearby

Lot size0.15 ac
SmallerTypical 0.24 acBigger

Bigger than 21% of homes nearby

Year built1935
OlderTypical 1950Newer

Newer than 32% of homes nearby

How 137 Water St ranks against every home in each area.
MeasureThis homeRaton 87740Colfax County
Estimated valuepricier than$48,8755% of homes3% of homes
Price per ft²pricier than$5816% of homes10% of homes
Living areabigger than840 ft²11% of homes12% of homes
Lot sizebigger than0.15 ac21% of homes11% of homes
Year builtnewer than193532% of homes17% of homes

About 137 Water St

How much is 137 Water St, Raton, NM worth?

The TopHap Estimate for 137 Water St, Raton, NM is $48,875 as of Jul 14, 2026. The likely range is $38,468 to $59,282. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 137 Water St, Raton, NM last sell?

137 Water St, Raton, NM last sold on Jan 25, 2010, according to the county's recorded deed.

How big is 137 Water St, Raton, NM?

137 Water St, Raton, NM has 840 square feet of living space and a 0.15-acre lot.

When was 137 Water St, Raton, NM built?

137 Water St, Raton, NM was built in 1935, making it 91 years old.

What schools serve 137 Water St, Raton, NM?

137 Water 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 137 Water St, Raton, NM compare to other homes in Raton 87740?

Among the 3,624 homes in Raton 87740, it is worth more than 5% of them ($48,875 against a typical $131,531), its price per square foot is higher than 16% of them ($58 against a typical $87), it is bigger than 11% of them (840 ft² against a typical 1,360 ft²), its lot is bigger than 21% of them (0.15 ac against a typical 0.24 ac) and it is newer than 32% of them (1935 against a typical 1950). Measured against all of Colfax County, it is worth more than 3% 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 137 Water St, Raton, NM?

The 2025 property tax bill for 137 Water St, Raton, NM was $197. The county assessed it at $9,469.

More homes on Water St

Closest homes

More homes in Raton 87740

Assigned schools

Explore the area

See this home in context

Open 137 Water Ston TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map