For sale

$299,000

511 Texas St NE, Albuquerque, NM 87108

6beds

3baths

1,925sqft

$2,134/mo

Get pre-qualified

Multi Family

Built in 1961

-- sqft lot

$-- Zestimate^®

$155/sqft

$-- HOA

What's special

Ceramic tile floorsNew windows

Get this well-maintained triplex for your investment portfolio. The triplex is in an opportunity zone and a qualified census tract which offer tax and grant opportunities. The TPO roof is only about 9 years old and the units have new windows as well. Each unit has it's own private back patio and there is additional large space on the west side of the complex for parking. The bathrooms and kitchens are refurbished, and there are ceramic tile floors. The tenants pay their own utilities except water and trash paid by the owner. Rents are low so there is an upside possibility. Do not disturb tenants. Offers are subject to buyer review of the units. All square footage is estimated.

1 day
130
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Wall Furnace

Cooling

Evaporative Cooling

Appliances

Included: Free-Standing Gas Range

Features

Flooring: Tile

Interior area

Total structure area: 1,925
Total interior livable area: 1,925 sqft

Property

Parking

Total spaces: 5

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: Patio

Lot

Size: 6,534 Square Feet

Details

Parcel number: 101905737335010316
Zoning description: R-1A*

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Stucco

Condition

Resale
New construction: No
Year built: 1961

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

Features: Patio

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $155/sqft
Tax assessed value: $103,548
Annual tax amount: $1,458
Date on market: 9/15/2026
Listing terms: Cash,Conventional,FHA,Owner May Carry
Total actual rent: 1550
Tenant pays: Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

$1,756/mo

Price history

Date	Event	Price
9/15/2026	Listed for sale	$299,000+6.8%$155/sqft
Source: SWMLS #1111017 Report a problem
2/15/2023	Listing removed	--
Source: SWMLS #1028168 Report a problem
1/30/2023	Pending sale	$280,000$145/sqft
Source: SWMLS #1028168 Report a problem
1/16/2023	Listed for sale	$280,000$145/sqft
Source: SWMLS #1028168 Report a problem
12/4/2015	Sold	--
Source: Public Record Report a problem
9/6/2005	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,458 +3.2%	$34,513 +3%
2024	$1,414 +1.7%	$33,507 +3%
2023	$1,390 +3.5%	$32,532 +3%
2022	$1,343 +3.5%	$31,585 +3%
2021	$1,298 +1.7%	$30,665 +3%
2020	$1,277	$29,772 +3%
2019	--	$28,905
2018	$1,085 -9.3%	$28,905 +3%
2017	$1,195 -1.2%	$28,063 -1.3%
2016	$1,210 -95.2%	$28,430 +11.8%
2015	$25,430 +2227.5%	$25,430 -1.2%
2014	$1,093	$25,730 -24.9%
2013	$1,093	$34,249
2012	--	$34,249
2011	--	$34,249
2010	--	$34,249 -25.9%
2009	--	$46,245
2008	--	$46,245
2007	--	$46,245 +18.7%
2006	--	$38,963 +37.3%
2005	--	$28,372 +3%
2004	--	$27,546 +3%
2003	--	$26,743 +3%
2002	--	$25,965
2001	--	$25,965 +16.4%
2000	--	$22,298