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Off market
  • $365,000

    10 Olive Terrace Dr, Belen, NM 87002

    3beds
    2,000sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $365,000 Zestimate®
    $183/sqft
    $2,242 Estimated rent

    Home value

    $365,000

    $325,000 - $405,000

    $2,242/mo

    Zestimate® history
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    What's special

    Electric gateTwo storyKitchen with butcherblock countertopsPellet stove

    Nice quite country home in the Rio Grande Valley on a dead-end road in a well-established neighborhood. The house is a two story 3 bedrooms 2 bath, kitchen with butcherblock countertops and oak cabinets uppers and lowers. A two year old 4-burner propane stove and oven combo and refrigerator come with the home. The house also has a large living room with 14' high ceilings and a pellet stove. It has a pipe fence around the whole yard with an electric gate and plenty of room to move horse trailers around etc. There is also a large 24' x 40' detached workshop that is completely finished on the inside and was a woodworking shop with 120/240v service. The shop also has a 12' x 16' basement and covered front porch. Attached to the shop is a two car garage that you can park 2 full size trucks in and have room to spare. Beyond the main yard is a 3/4 acre fence pasture the can be irrigated. This is a summary of the lease terms and conditions a formal lease agreement will be written and signed after an agreement has been reached. Rent is $1800.00 pre-month due on the 1st day of the month. There is a $1800.00 damage deposit. Renter is responsible for propane, electric, trash collection. Propane tank will be filled upon move in. Renter will be expected to fill tank upon terminating lease. Renter is responsible for keeping the yard clean of weeds. Pasture can be used for farm animals.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Workshop
    Heating
    • Forced Air
    Cooling
    • Window Unit
    Appliances
    • Included: Microwave, Oven, Refrigerator, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    • Flooring: Carpet, Hardwood, Tile
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Parking features: Detached, Garage, Off Street
    • Has garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Electricity not included in rent, Garbage not included in rent, Heating system: Forced Air, Lawn, Pasture can be irrigated., quite country living on a dead-end road.
    Details
    • Parcel number: 1006022326347000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Security: Gated Community
    • Deposit fee: $1,800
    Location
    • Region: Belen

    Financial & listing details

    • Price per square foot: $183/sqft
    • Tax assessed value: $178,594
    • Annual tax amount: $1,763
    • Date on market: 12/25/2025
    • Date available: 02/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    1/11/2026Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    12/26/2025Listed for rent$1,800+5.9%$1/sqft
    Source: Zillow Rentals Report a problem
    8/7/2024Listing removed--
    Source: Zillow Rentals Report a problem
    8/2/2024Listed for rent$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    2/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/3/2024Listed for rent$1,700$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,763 +2%$59,531 +3%
    2023$1,728 +7.2%$57,798 +3%
    2022$1,612 +9.7%$56,114 +3%
    2021$1,470 +2%$54,480 +3%
    2020$1,441 +0.2%$52,893
    2019$1,438 +2.8%$52,893 +1.9%
    2018$1,398 +4%$51,884 +3%
    2017$1,344 $50,373 +5.2%
    2016-- $47,868 +3%
    2015-- $46,474 +6.1%
    2013-- $43,807 -65.7%
    2011-- $127,593 +6.1%
    2010-- $120,267 +25.9%
    2009-- $95,505 +6%
    2008-- $90,099
    2007-- $90,099 +4.5%
    2005-- $86,247
    Find assessor info on the county website

    Neighborhood: 87002

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $365,000
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    Estimated market value
    $365,000