$274,900
SOLD OCT 24, 2024
Last list price

431 Texas St NE Albuquerque, NM 87108

Fairgrounds Neighborhood
2 Beds
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

4 Days on Market

Highlights

  • Evaporated cooling system
  • Wall Furnace
  • Property has 1 Level
  • Tile Flooring

About This Home

As of October 2024

This triplex located in the La Mesa neighborhood is fully occupied and is currently selling at a 7.2% cap rate! Total monthly rent income is $2,780. All units are 2 bed 1 bath with a small back yard space. Units were renovated between 2020-2021 with all new windows and tile floors through. Property provides off street parking and courtyard space. Building has a pitched metal roof.

Last Agent to Sell the Property

Nick Chavez

Rhino Realty Property Mgmt LLC License #REC20230594 Listed on: 10/04/2024

Last Buyer's Agent

Elizabeth Vega-Vargas

Re/Max Exclusive License #REC20230001

Re/Max Exclusive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Tile Flooring
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • 3 Units
  • Complex Is Fenced

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101905737330910309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,380

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: From I-40 take the Wyoming exit. Go South on Wyoming and take a right on Copper Ave. Take another right on Texas St and the property is on the left.
  • Listing Contract Date: 2024-09-23
  • Year Built: 1962
  • Lot Size Acres: 0.16
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Security: Complex Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101905737330910309
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2379.96

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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
10/24/2024 10/24/24 Sold -- -- --
10/08/2024 10/08/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $274,900 +96.4% --
07/12/2019 07/12/19 Sold -- -- --
06/17/2019 06/17/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $140,000 -- $58 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nick Chavez

    Rhino Realty Property Mgmt LLC

    (505) 539-2020

    1 in this area

    3 Total Sales

    Nick Chavez
    Section Image

  • E

    Buyer's Agent in 2024

    Elizabeth Vega-Vargas

    RE/MAX

    (505) 900-5362

    6 in this area

    34 Total Sales

    Elizabeth Vega-Vargas
    Section Image

  • P

    Seller's Agent in 2019

    Patricia White

    Keller Williams Realty

  • M

    Buyer's Agent in 2019

    Michael Ryan

    Coldwell Banker Legacy

    (505) 433-0003

    24 Total Sales

    Michael Ryan
    Section Image
See All Agents

Map

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

MLS Number: 1071896

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-057-373-309-1-03-09

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

431 Texas St NE, Albuquerque, NM

This home is located at 431 Texas St NE, Albuquerque, NM 87108 and is currently priced at $274,900. This property was built in 1962. 431 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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