Sold

Price Unknown

431 Texas St NE, Albuquerque, NM 87108

6beds

3baths

--sqft

Triplex, Multi Family

Built in 1962

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,756 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,756/mo

Zestimate^® history

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$1,756/mo

Rent Zestimate^®

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What's special

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.

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 Square Feet

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 & HOA

Community

Security: Complex Fenced

Location

Region: Albuquerque

Financial & listing details

Tax assessed value: $246,000
Annual tax amount: $2,379
Date on market: 10/4/2024
Cumulative days on market: 3 days
Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Tenant pays: Electricity, Gas

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