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    1550 Durazno St, Las Cruces, NM 88001

    2beds
    1baths
    7,378sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $1,182,400 Zestimate®
    $--/sqft
    $920 Estimated rent

    Home value

    $1,182,400

    $1.03M - $1.35M

    $920/mo

    Zestimate® history
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    What's special

    Each spacious and updated 2 bedroom, 1 bath unit features its own townhome feel with dedicated fenced inback yards, storage sheds, private driveways, and freshly landscaped front yards featuring a xeriscape appearance.Fresh interior and exterior paint, new washers and dryers in each unit, flooring, fixtures, and countertops, provide the new look tenants are searching for. Not only do these upgrades make these units desirable, but the eye-catching and easy to maintain landscaping sets each unit apart from anything else in close proximity. To top it off, each unit is 100% individually metered which makes it a breeze to manage and future owners can pursue subdividing each unit as a possible condo or townhome setup.Measures of investment performance at $1,090,143 are 6.22% cap rate,

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd D Clarke 505-440-8633,

    NM Apartment Advisors, Inc.

    Bought with:

    Nonmls Nonmls

    Non Member of SWMLS

    Source: SWMLS,MLS#: 1043576MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Central, Forced Air
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Refrigerator
    • Laundry: Washer Hookup
    Features
    • Flooring: Carpet, Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 7,378
    • Total interior livable area: 7,378 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Landscaping
    Lot
    • Size: 0.65 Acres
    Details
    • Has additional parcels: Yes
    • Parcel number: 4008136086243
    • Zoning description: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Frame, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Electric: None
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Community
    • Subdivision: Lots 6-9 Newell Subdivision
    Location
    • Region: Las Cruces

    Financial & listing details

    • Tax assessed value: $1,060,468
    • Annual tax amount: $2,906
    • Date on market: 10/22/2023
    • Cumulative days on market: 40 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas, Water

    Price history

    DateEventPrice
    4/6/2026Listing removed$1,275
    Source: Zillow Rentals Report a problem
    2/21/2026Listed for rent$1,275
    Source: Zillow Rentals Report a problem
    1/15/2026Listing removed$1,275
    Source: Zillow Rentals Report a problem
    7/18/2025Listed for rent$1,275
    Source: Zillow Rentals Report a problem
    12/28/2023Sold--
    Source: SWMLS #1043576 Report a problem
    12/1/2023Pending sale$1,090,143$148/sqft
    Source: SWMLS #1043576 Report a problem
    10/22/2023Listed for sale$1,090,143+107.6%$148/sqft
    Source: SWMLS #1043576 Report a problem
    3/11/2022Sold--
    Source: SWMLS #1004885 Report a problem
    11/23/2021Pending sale$525,000$71/sqft
    Source: SNMMLS as distributed by MLS GRID #2103562 Report a problem
    11/19/2021Listed for sale$525,000$71/sqft
    Source: SNMMLS as distributed by MLS GRID #2103562 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,706 -0.6%$353,489
    2024$10,767 +118.6%$353,489 +122%
    2023$4,925 +69.5%$159,250 +71.9%
    2022$2,906 +3.4%$92,658 +3%
    2021$2,812 +2.5%$89,960 +3%
    2020$2,744 -0.3%$87,340
    2019$2,752 +0.6%$87,340
    2018$2,735 $87,340
    2017$2,735 +8.9%$87,340 +0.9%
    2016$2,510 -0.4%$86,534 -66.7%
    2015$2,521 -0.5%$259,536 +1.5%
    2014$2,533 +3.2%$255,700
    2013$2,455 $255,700
    2012$2,455 +1.5%$255,700
    2011$2,419 +0.5%$255,700 -1.4%
    2010$2,408 +9.6%$259,204 +3%
    2009$2,198 $251,654 +3%
    2008$2,198 +3.7%$244,324 +3%
    2007$2,119 +4.2%$237,209 +3%
    2005$2,034 +18.3%$230,300 +20.5%
    2004$1,719 -5.2%$191,100
    2003$1,813 -2.6%$191,100 -5.8%
    2002$1,861 $202,800
    2001$1,861 +6.7%$202,800 +6.1%
    2000$1,744 $191,100
    Find assessor info on the county website

    Neighborhood: 88001

    Nearby schools

    GreatSchools rating
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    $1,182,400
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    $1,206,048