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$332,000

NAL Estimated Property Value

120 Apache Brass Cir, Santa Teresa, NM, 88008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,880 Sq Ft
price_per_sqft$175.48 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
AppliancesDishwasher, Free-Standing Gas Oven, Microwave, Refrigerator, Tankless Water Heater, Water Softener Owned
FlooringTile, Laminate

Exterior

Exterior FeaturesGas Grill
Lot Size7,566 sqft

Building Information

Year Built2012
Stories1
Roof Type106
Garage Spaces484

Land Information

APN4-015-166-329-382
Lot Number47
SubdivisionFranklin View Estates Phase 1 Amended
Land UseResidential
Legal DescriptionSUBD: FRANKLIN VIEW ESTATES PHASE 1 AMENDED (BK 22 PG 471-472 - 0811529) LOT: 47 S: 21 T: 28S R: 3E
Census Tract001701
Assessed Land Value$16,667
Assessed Improvement Value$55,403
Assessment Year2025

About this property

Take a look at this stunning single level home in Santa Teresa, NM. This custom home sits on a huge corner lot on a well established community. A nice courtyard welcomes you, and as you open the front door you will notice a spacious living area with high ceilings, fireplace, a wet bar, cantera stone accents and wooden built-ins. The home includes wooden shutters on all windows and no carpet at all. Both additional bedrooms have ceramic tile flooring and the primary bedroom has wooden laminate flooring. The home features a jack & jill bath for the bedrooms and a half bath for guests. The master bath and half bath feature raised vessel sinks. The home is pre-wired for surround sound. The spacious kitchen includes granite countertops and a breakfast area. All appliances are included with the home. The backyard is ready for all your family gatherings with a grilling area, pergola and fire pit. The oversized garage has two front facing windows. The home also includes a water softener and tankless water heater.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$277,971Estimated Mortgage Balance
$54,029Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
$61/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,121
$72,070
2025
$16,667
$55,403
$216,208
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,121
$72,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sunflower Bank Na
Conventional
$280,415
No
First
Nov 25, 2025
Dec 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,971
$54,029
16%
84%
$1,682/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
$1,743/mo
$-393/mo
4.9%

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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120 Apache Brass Cir | Property Details | No Agent List