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$336,000

NAL Estimated Property Value

111 Ruth Trail, Santa Teresa, NM, 88008

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,733 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
AppliancesRange, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size5,227 sqft

Building Information

Roof Type158
Garage Spaces373

Land Information

APN4-015-166-057-326
Lot Number18
SubdivisionRancho Santa Teresa Unit 1
Land UseSingle Family
Legal DescriptionSUBD: RANCHO SANTA TERESA UNIT 1 (2301600) LOT: 18 BLOCK: 6 S: 21 T: 28S R: 3E
Census Tract001701
Assessed Land Value$23,333
Assessed Improvement Value$83,843
Assessment Year2025

About this property

Reserve your new home in our newest Santa Teresa subdivision. You'll love this gorgeous and spacious single level home. This 4-bedroom, 2-bathroom home with a 2-car garage will give you 1,750 sq ft of generous space to move about that provides you with that quaint, cozy atmosphere. A huge master room with plenty of closet space!!! This home offers top-notch lighting package, farm ranch apron sink, pot filler, granite counter-tops through-out, and spray-foam insulation, plus much more!!! Situated in a friendly community with easy access to I-10 & Loop 375 and just minutes away from shopping centers and restaurants. Model home located on 5216 La Entrada

Investor Tools

Property Icon
$336,000
Estimated Property Value
$297,166Estimated Mortgage Balance
$38,834Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,016 /month
Positive
Cash Flow Estimate:
$672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,917
$107,176
2025
$23,333
$83,843
$321,529
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,917
$107,176

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Fha
$308,251
Yes
First
Feb 28, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,166
$38,834
11%
88%
$1,858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,858/mo
$-308/mo
5.5%

Learn About the Market: Opportunity in Texas

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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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