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.
Sold
Price Unknown
431 Texas St NE, Albuquerque, NM 87108
6beds
3baths
--sqft
Triplex, Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$--/sqft
$2,549 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,549/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Nickolas Timothy Chavez 505-803-0828,
Rhino Realty Property Mgmt LLC
Bought with:
Elizabeth Alejandra Vega-Vargas, REC20230001
Re/Max Exclusive
Source: SWMLS,MLS#: 1071896
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: Tile
- Has basement: No
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 sqft
Details
- Parcel number: 101905737330910309
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Security
- Security features: Complex Fenced
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2024 | Sold | -- |
Source:  SWMLS #1071896 Report a problem | ||
| 10/8/2024 | Pending sale | $274,900 |
Source: SWMLS #1071896 Report a problem | ||
| 10/4/2024 | Listed for sale | $274,900+129.1% |
Source: SWMLS #1071896 Report a problem | ||
| 7/12/2019 | Sold | -- |
Source: SWMLS #939238 Report a problem | ||
| 6/17/2019 | Pending sale | $120,000 |
Source: Keller Williams Realty Albuquerque #939238 Report a problem | ||
| 6/11/2019 | Listed for sale | $120,000 |
Source: Keller Williams Realty #939238 Report a problem | ||
| 5/18/2019 | Pending sale | $120,000 |
Source: Keller Williams Realty Albuquerque #939238 Report a problem | ||
| 5/15/2019 | Price change | $120,000-14.3% |
Source: Keller Williams Realty Albuquerque #939238 Report a problem | ||
| 3/23/2019 | Pending sale | $140,000 |
Source: Keller Williams Realty Albuquerque #939238 Report a problem | ||
| 3/11/2019 | Listed for sale | $140,000 |
Source: Keller Williams Realty #939238 Report a problem | ||
| 8/14/2018 | Listing removed | $140,000 |
Source: Keller Williams Realty #911616 Report a problem | ||
| 6/29/2018 | Pending sale | $140,000 |
Source: Keller Williams Realty #911616 Report a problem | ||
| 4/18/2018 | Listed for sale | $140,000 |
Source: Keller Williams Realty #911616 Report a problem | ||
| 3/6/2018 | Pending sale | $140,000 |
Source: Keller Williams Realty #911616 Report a problem | ||
| 2/21/2018 | Listed for sale | $140,000 |
Source: Keller Williams Realty #911616 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,464 +43.1% | $81,992 +42.9% |
| 2024 | $2,420 +1.7% | $57,365 +3% |
| 2023 | $2,380 -2.7% | $55,694 -3.1% |
| 2022 | $2,445 +0.5% | $57,494 |
| 2021 | $2,434 +46.5% | $57,494 +48.5% |
| 2020 | $1,661 | $38,729 +18.8% |
| 2019 | -- | $32,598 |
| 2018 | $1,235 -8.4% | $32,598 +3% |
| 2017 | $1,348 +6.2% | $31,649 +6.1% |
| 2016 | $1,269 -95.6% | $29,832 +3% |
| 2015 | $28,963 +2307.8% | $28,963 |
| 2014 | $1,203 | $28,963 -29.1% |
| 2013 | $1,203 | $40,829 |
| 2012 | -- | $40,829 |
| 2011 | -- | $40,829 |
| 2010 | -- | $40,829 +12.6% |
| 2009 | -- | $36,255 +3% |
| 2008 | -- | $35,199 +3% |
| 2007 | -- | $34,174 +3% |
| 2006 | -- | $33,179 |
| 2005 | -- | $33,179 +3% |
| 2004 | -- | $32,213 +3% |
| 2003 | -- | $31,275 +3% |
| 2002 | -- | $30,364 |
| 2001 | -- | $30,364 +18.3% |
| 2000 | -- | $25,665 |
Find assessor info on the county website
Neighborhood: La Mesa
Nearby schools
GreatSchools rating
- 4/10La Mesa Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Hayes Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 2 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- La Mesa
- 431 Texas St NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
