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$3,300

312 DESERT GARDEN Drive, Santa Teresa, NM, 88008

On MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
AppliancesCooktop, Dishwasher, Gas Water Heater, Microwave, Refrigerator
FlooringWood, Tile

Exterior

Lot Size13,318 sqft

Building Information

Year Built2003
Stories1
Roof Type106
Garage Spaces742

Land Information

APN4-015-167-469-105
Lot Number6
SubdivisionSanta Teresa Subdivision Replat Unit 1a
Land UseResidential
Legal DescriptionSUBD: SANTA TERESA SUBDIVISION REPLAT UNIT 1A (BK 14 PG 40 - 8512016) LOT: 6 BLOCK: 6 S: 28 T: 28S R: 3E
Census Tract001701
Assessed Land Value$15,810
Assessed Improvement Value$97,987
Assessment Year2025

About this property

Welcome to this stunning Mediterranean-style home located in Santa Teresa. Thoughtfully designed and beautifully upgraded, this residence offers exceptional craftsmanship, spacious living areas, and an impressive list of premium features. The gourmet kitchen showcases granite countertops with decorative backsplash, KraftMaid hardwood tongue-and-groove cabinetry, an upgraded KitchenAid dishwasher, upgraded cooktop, and a convenient under-cabinet wine refrigeratorâ€''perfect for entertaining. Porcelain tile and rich mahogany hardwood floors flow throughout the home, complemented by wood shutters, lighted plant shelves, and elegant lighting fixtures including an ancient stone-style chandelier, foyer statement lighting, and designer ceiling fans. Enjoy soaring ceilings with 12' in the family room and 10' ceilings in the living room, kitchen, and primary bedroom, creating an open and airy atmosphere. Additional features include a 400 sq ft man cave and RV parking with a dump. Schedule your private viewing today.

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Priscilla Terrazas

The Premiere R E Agency

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,445
$113,797
2025
$15,810
$97,987
$341,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,445
$113,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$50,000
No
First
Apr 21, 2005
Apr 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,148
$110,852
21%
79%
$2,616/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$2,616/mo
$-1,066/mo
3.6%

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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312 DESERT GARDEN Drive | Property Details | No Agent List