#1081401, Todd D Clarke, Listing Office: NM Apartment Advisors, Inc.
209-211 Texas St NE Albuquerque, NM 87108
Property details
About 209-211 Texas St NE
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
Highlights
Summary
- Appliances: Electric Range, Refrigerator
- Basement: No
- Flooring Type: Carpet Free, Tile, Vinyl
- Total Bedroom Count: 2
- Heating: Baseboard, Electric
- Cooling: Evaporative Cooling
- List Price: $730,000
- Price/SqFt: $141
- 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
- Year Built: 1950
- Stories: 1
- Living Area: 5,150 SqFt
- Lot Size: 0.32 Acres
- MLS Number: 1077518
- MLS Name: SWMLS
- Office Name: Criel and Associates, LLC
- Office Phone: (505) 615-3333
- Office Email: vcriel@comcast.net
- Listing Agent: Vicki J Criel
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$730,000
209-211 Texas St NE
$8,669
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
La Mesa Elementary School
Public District PK-5
0.5 mi
•7500 Copper Ave NE
4
Hawthorne Elementary School
Public District PK-5
0.9 mi
•420 General Somervell St NE
4
Sandia Base Elementary School
Public District KG-5
1.0 mi
•21001 Wyoming SE Kafb East
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,345. The majority of Albuquerque, NM residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 209-211 Texas St NE in Albuquerque, NM and zip code 87108 in the La Mesa neighborhood. This 5,150 square foot home, which was built in 1950, sits on a 0.32 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $730,000.
In April 2025, from all listings sold in Albuquerque, NM there were more than 116 sold above asking price, over 276 sold below and more than 170 were sold right at the asked price. In April 2025 in Albuquerque, NM there were 10.5% less homes for sale than in March. While the average time on the market in April 2025 was 30 days, the median list price was $349,957.