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$354,000

NAL Estimated Property Value

105 Dream Spirit, Santa Teresa, NM, 88008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,756 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
AppliancesDishwasher, Free-Standing Gas Oven, Microwave
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size11,050 sqft

Building Information

Year Built1992
Stories1
Roof Type158
Garage Spaces650

Land Information

APN4-015-166-380-523
Lot Number2
SubdivisionSanta Teresa Subdivision Unit 1a
Land UseResidential
Legal DescriptionSUBD: SANTA TERESA SUBDIVISION UNIT 1A (BK 12 PG 58 - 762592) LOT: 2 BLOCK: 5 S: 21 T: 28S R: 3E LOT 2 EXCEPT THE EAST 5 FEET
Census Tract001701
Assessed Land Value$16,667
Assessed Improvement Value$57,241
Assessment Year2025

About this property

Immaculately maintained 1 story brick beauty with 3 BDRMS + 2 BATHS + Flex Room located on a 1/4 acre lot! This home features: REFRIGERATED AIR, updated lighting and plumbing fixtures, fresh interior/ exterior paint touch ups, cemented area perfect for RV parking, oversized garage. Open family room as you enter the home with fireplace. Completely remodeled kitchen with granite countertops, new cabinetry, new hardware, large farm sink, SS appliances, under cabinet lighting and dining area. Master bedroom oasis with sliding barn door that leads to master bathroom with walk in shower, jetted tub and dual vanity. Elongated flex room leads you to back yard with gated dog run, cemented patio, plush green grass, mature trees, fruit trees plus much more!

Investor Tools

Property Icon
$354,000
Estimated Property Value
$247,454Estimated Mortgage Balance
$106,546Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,237
$73,908
2025
$16,667
$57,241
$221,723
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,237
$73,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$250,000
No
First
Oct 15, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,454
$106,546
30%
70%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
$1,499/mo
$-149/mo
4.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore NM Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Santa Teresa

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105 Dream Spirit | Property Details | No Agent List