7 months on rocket

209 Texas St NE, Albuquerque, NM, 87108

$365,000

Home List Price

$4,334*

Closing Credit

2 Bedrooms
1 Bath
2,650 SqFt
$138/SqFt
Multi

Location

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209 Texas St NE, Albuquerque$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1950
HeatingBaseboard, Electric
CoolingEvaporative Cooling
MLS #1059864
Lot Size0.16 Acres
StatusActive

About 209 Texas St NE

9% cap rate! New fencing and new stucco surface. TPO roof in some areas, still under warranty. . Low maintenance, no carpet. Some units have washer hookups. All units have stoves and refrigerators. Four-plex next door (211 Texas) also available, so could be eight-plex. Get an 8-plex with the benefits of residential financing. Call broker for info. BOTH 4 plexes must be sold together. Seller financing avalable with substantial down payment.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,650 SqFt

Listing Office:

  • Office Name: Criel and Associates, LLC
  • Office Phone: (505) 615-3333
  • Listing Agent: Vicki J Criel

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Tile, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From Copper and Wyoming, go west to Texas. South to property, 4 plex on west side. No sign. Do not disturb tenants. 4-plex at 211 Texas is also available, and both buildings must be sold together. Seller financing available with substantial down payment, at least 20%.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $1,407
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

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Albuquerque, NM

City

Med. Sold Price

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

209 Texas St NE vs Albuquerque

229 DAYS ON ROCKET

+196 Days

$365,000

+$20.9K More

$138/SqFt

-$67 Less

KEY TAKEAWAY

This property is $20.9K more than the Median Sold Price and $67/SqFt less than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1059864

Listing Office:

  • Office Name: Criel and Associates, LLC
  • Office Phone: (505) 615-3333
  • Listing Agent: Vicki J Criel

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 22, 2006Home Sold
$109,676

Tax History

YEARPROP. TAXASSESSMENT
2020$1,407$32,792
2019$1,316$31,837
2018$1,276$30,910
2017$1,276$30,010

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-637583
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.41 miles

  • Public District Grades PK-5

school-card-donut-637584
4
/10

  • Hawthorne Elementary School

  • 420 General Somervell St NE

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-637585
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 1.06 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,345. Residents of Albuquerque, NM typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›209 Texas St NE

This home is located at 209 Texas St NE in Albuquerque, NM and zip code 87108 in the La Mesa neighborhood. This 2,650 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $365,000.

In October 2024 more than 94 listings in Albuquerque, NM were sold above the asking price. During the same period more than 148 listings were sold at asking price, while more than 288 were sold below. The inventory of homes for sale in Albuquerque, NM between September 2024 and October 2024 decreased by 8.2%. In October 2024 median list price was $344,019 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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