$730,000
SOLD JUN 10, 2025
Last list price

209 Texas St NE Albuquerque, NM 87108

Fairgrounds Neighborhood
2 Beds
1 Bath
5,150 Sq Ft
0.32 Acres

Recently Sold

$142 Per Sq Ft

107 Days on Market

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Property has 1 Level
  • Wheelchair Access
  • Baseboard Heating

About This Home

As of June 2025

11.6% 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

Vicki Criel

Criel and Associates, LLC License #17833 Listed on: 02/02/2025

Last Buyer's Agent

Tahir Gauba

MORE Realty, Inc License #REC20230921

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,062

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From Copper and Wyoming, go west to Texas. South to property, No sign. Do not disturb tenants. Both buildings must be sold together. Seller financing available with at least 20%.down payment, 6% interest
  • Listing Contract Date: 2025-02-02
  • Year Built: 1950
  • Lot Size Acres: 0.32
  • Subdivision Name: Mesa Verde Add
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Carpet Free, Tile, Vinyl
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 4
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 5150.0
  • Stories: 1

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Baseboard, Electric
  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Security: Complex Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 13939.0
  • Parcel #: 101905736915241903/4
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 118884.0
  • Annual Operating Expense: 33540.0

Tax Info

  • Tax Annual Amount: 3062.32

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

Source: Public Records

Agents Affiliated with this Home

  • Vicki Criel

    Seller's Agent in 2025

    Vicki Criel

    Criel and Associates, LLC

    (505) 615-3333

    4 in this area

    56 Total Sales

    Vicki Criel
    Section Image

  • T

    Buyer's Agent in 2025

    Tahir Gauba

    MORE Realty, Inc

    (505) 610-1893

    3 in this area

    5 Total Sales

    Tahir Gauba
    Section Image
See All Agents

Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1077518

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-057-369-152-4-19-03

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

209 Texas St NE, Albuquerque, NM

This home is located at 209 Texas St NE, Albuquerque, NM 87108 and is currently priced at $730,000, approximately $141 per square foot. This property was built in 1950. 209 Texas St NE is a home located in Bernalillo County with nearby schools including La Mesa Elementary School, Hayes Middle School, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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