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$969,639

NAL Estimated Property Value

1040 Frontera Road Unit 6, Sunland Park, NM, 88063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths197,151 Sq Ft

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit

Exterior

Lot Size48.63 acres

Building Information

Year Built2002
Stories1
Roof Type112

Land Information

APN4-019-170-100-004
Land UseResidential
Legal DescriptionS: 7 T: 29S R: 4E PT OF USRS TR 34-12A1 12C
Census Tract001705
Assessed Land Value$194,520
Assessed Improvement Value$775,119
Assessment Year2025

About this property

Welcome to Frontera Training Facility UNIT #6! This premier equestrian property features a 56-stall barn, an air-conditioned office with a restroom, two large tack rooms, two wash racks, a second restroom, a hay barn, two horse walkers, four covered turnout pens with a walkway, and a large outdoor shed. Ownership includes a 9% interest in 49 acres and the exclusive 5/8-mile racetrack with a 5-degree pitch, open only to barn owners. The track base was redone in 2008, with a clocker available weekly. No HOA, but quarterly membership dues cover racetrack maintenance, manure removal, and taxes.

Investor Tools

Property Icon
$969,639
Estimated Property Value
$215,324Estimated Mortgage Balance
$754,315Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,818 /month
Positive
Cash Flow Estimate:
$1,939 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,051/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$43,758
$969,639
2025
$194,520
$775,119
$2,908,915
No

Tax History

Year
Tax Paid
Assessed Value
2025
$43,758
$969,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bg Equine Llc
Seller Carryback / Seller Financing / Seller Take-Back
$300,000
No
First
Aug 9, 2011
Aug 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,324
$754,315
77%
22%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,269/mo
$1,799/mo
$-530/mo
1.6%

City: Sunland Park

1040 Frontera Road Unit 6 | Property Details | No Agent List