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$244,000

NAL Estimated Property Value

2403 Elena Way, Las Cruces, NM, 88011

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,355 Sq Ft
price_per_sqft$184.13 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesCourtyard
Lot Size4,185 sqft

Building Information

Year Built2007
Stories1
Roof Type106
Garage Spaces416

Land Information

APN4-010-132-004-328
SubdivisionDel Prado Condominiums
Land UseResidential
Legal DescriptionSUBD: DEL PRADO CONDOMINIUMS UNIT: 2403 S: 34 T: 22S R: 2E DESC: C06002 2403 BK 696 PGS 1495-1520 0.98039% OF COMMON AREA
Census Tract001208
Assessed Land Value$11,667
Assessed Improvement Value$44,445
Assessment Year2025

About this property

Welcome to this charming 2 bedroom, 2 bath home located in Del Prado Condominiums. The beautiful neighborhood offers peaceful living. High ceilings throughout. Large living/dining with a cozy fireplace. The kitchen offers great space and breakfast area. A Primary suite includes double vanity, a huge shower, walk-in closet. Newly installed double pane windows. Enjoy the 2 car garage and a nicely maintained back yard with covered patio to enjoy the gorgeous views of the Dona Ana Mountains. Don't miss the opportunity to make this beautiful property your own!

Investor Tools

Property Icon
$244,000
Estimated Property Value
$0Estimated Mortgage Balance
$244,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,497 /month
Positive
Cash Flow Estimate:
$499 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
$233/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$56,112
2025
$11,667
$44,445
$168,335
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$56,112

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,070/mo
$234/mo
+$836/mo
5.3%

City: Las Cruces

2403 Elena Way | Property Details | No Agent List