NOT LISTED FOR SALE

747 Watson Ln Las Cruces, NM 88005

Estimated Value: $512,325

10 Beds
6 Baths
5,150 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 10, 2021

Current estimated payment $2,978/month

56 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Stone Wall

About This Home

As of May 2021

Amazing Investment opportunity! This special property includes a nice Four-Plex with 100% occupancy and a 2,350 sqft home! The spacious and well appointed 2BR/2BA (ground set) manufactured home features granite counters, stainless steel appliances, wood grain tile, huge sunroom, refrigerated AC and wonderful outdoor patio space. The Four-plex and home are separated by a spacious grassy lot (with well & water rights) that offers plenty of additional uses- horses, additional parking, orchard, just to name a few! The Four-plex consists of (4) 2BR/1 BA units featuring, Refrigerated AC, tile throughout and upgraded kitchens. Each unit also includes its own yard, storage space and washer/dryer hookup. These units have a terrific long term rental history due in part to the quiet rural setting and close proximity to NMSU. This property offers the ability to rent all 5 units or live in one and have your tenants pay the mortgage! Call today for more information on this unique property and to schedule your tour.

Last Agent to Sell the Property

Kent Davies

EXIT Realty Horizons License #51009 Listed on: 01/04/2021

EXIT Realty Horizons

Last Buyer's Agent

Lisa Rivera

EXIT Realty Horizons License #51843

EXIT Realty Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1983

Lot Details

  • 1.34 Acre Lot
  • Stone Wall
  • Chain Link Fence

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • Carport
  • Paved Parking

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 5 Units
  • Watson Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-007-138-424-266 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,149

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Residential Income
  • Year Built: 1983
  • Co List Office Mls Id: LCNEXIT
  • Subdivision Name: Watson Lane
  • Directions: Head South on South Main, Turn right on Watson Ln.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 10

Exterior Features

  • Roof: Flat
  • Acres: 1.34
  • Construction Type: Frame, Stucco

Garage/Parking

  • Parking Features: Carport, Paved Area

Utilities

  • Heating: Forced Air, Gas
  • Cooling: Refrigerated Central
  • Sewer: Septic Tank
  • Water Source: City, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-007-138-424-266 01
  • Fencing: Chain Link, Rock
  • Lot Dimensions: 1.01 to 1.5 AC
  • Lot Size Sq Ft: 58370

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2005
Sold by
Hall James D and Hall Barbara J
Bought by
Wyb Properties Llc
Current Estimated Value
$512,325
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wyb Properties Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2023 12/24/23 Off Market -- -- --
08/30/2021 08/30/21 Off Market -- -- --
05/10/2021 05/10/21 Sold -- -- --
03/01/2021 03/01/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $475,000 -- $92 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,149 $134,473 $16,973 $117,500
2022 $3,209 $134,473 $16,973 $117,500
2021 $198 $9,966 $0 $9,966
2020 $1,725 $72,222 $16,967 $55,255
2019 $1,691 $70,699 $16,967 $53,732
2018 $1,632 $68,640 $16,967 $51,673
2017 $1,550 $66,641 $16,967 $49,674
2016 $1,531 $64,700 $18,400 $46,300
2015 $1,532 $194,068 $55,216 $138,852
2014 $1,509 $191,200 $54,400 $136,800
Source: Public Records

Agents Affiliated with this Home

  • Kent Davies

    Seller's Agent in 2021

    Kent Davies

    EXIT Realty Horizons

    (575) 376-5579

    252 Total Sales

    Kent Davies
    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Rivera

    EXIT Realty Horizons

    (575) 915-4477

    138 Total Sales

    Lisa Rivera
    Section Image
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Map

Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

MLS Number: 2100025

Southern New Mexico MLS (Las Cruces Association of REALTORS®)

APN: 03-06863

New Mexico Dona Ana County Las Cruces 88005

747 Watson Ln, Las Cruces, NM

This home is located at 747 Watson Ln, Las Cruces, NM 88005 since 04 January 2021 and is currently priced at $512,325, approximately $99 per square foot. This property was built in 1983. 747 Watson Ln is a home located in Dona Ana County with nearby schools including Mesilla Park Elementary School, Zia Middle School, and Las Cruces 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.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is 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. Listing information is deemed reliable, but not guaranteed.

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