Last list price
209 Texas St NE Albuquerque, NM 87108
Fairgrounds Neighborhood
2
Beds
1
Bath
5,150
Sq Ft
0.32
Acres
Highlights
- Evaporated cooling system
- Tile Flooring
- Property has 1 Level
- Wheelchair Access
- Baseboard Heating
About This Home
As of June 202511.6% CAP RATE!! All units rented, no vacancies, auto-renewal on leases. New fencing, new TPO roof, new stucco surfaces. Low maintenance, no carpet, freshly painted. All electric for inexpensive easy repairs. Four units have washer hookups. All units have stoves and refrigerators. This is a property with two four-plexes surrounding a courtyard. Both four-plexus must be sold together. Get the advantage of an 8 plex with residential funding, or use seller financing: 20% down, 6% interest
Last Agent to Sell the Property
Criel and Associates, LLC License #17833 Listed on: 02/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,062
Year Built
- Built in 1950
Parking
- 12 Parking Spaces
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 5,150 Sq Ft Home
- Property has 1 Level
- Free-Standing Electric Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry in Garage
- Washer and Dryer Hookup
Utilities
- Evaporated cooling system
- Baseboard Heating
Additional Features
- Wheelchair Access
- 0.32 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 101905736915241903/4
Community Details
Overview
- 8 Units
- 5,150 Sq Ft Building
- Mesa Verde Add Subdivision
Building Details
- Operating Expense $33,540
- Gross Income $118,884
Security
- Complex Is Fenced
Similar Homes in Albuquerque, NM
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | -- | -- | -- |
| 06/06/2025 06/06/25 | Sold | -- | -- | -- |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $365,000 | -50.0% | $138 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $730,000 | +100.0% | $142 / Sq Ft |
| 03/16/2025 03/16/25 | Pending | -- | -- | -- |
| 03/16/2025 03/16/25 | Pending | -- | -- | -- |
| 02/02/2025 02/02/25 | For Sale | $365,000 | -50.0% | $138 / Sq Ft |
| 02/02/2025 02/02/25 | For Sale | $730,000 | -- | $142 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Vicki Criel
Criel and Associates, LLC
(505) 615-3333
4 in this area
58 Total Sales
-
T
Buyer's Agent in 2025
Tahir Gauba
MORE Realty, Inc
(505) 610-1893
3 in this area
6 Total Sales
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1077518
APN: 1-019-057-369-152-4-19-03
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