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$347,000

NAL Estimated Property Value

5705 Wales Dr, Santa Teresa, NM, 88008

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,250 Sq Ft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Bathrooms Half 0.5Bathrooms Half 0.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
AppliancesDishwasher, Free-Standing Gas Oven, Microwave, Tankless Water Heater
FlooringTile, Carpet

Exterior

Lot Size7,883 sqft

Building Information

Year Built2012
Stories1
Roof Type106
Garage Spaces462

Land Information

APN4-015-165-081-367
Lot Number14
SubdivisionEdgemont Subdivision Phase 1
Land UseResidential
Legal DescriptionSUBD: EDGEMONT SUBDIVISION PHASE 1 (BK 22 PG 431-435 - 0806047) LOT: 14 BLOCK: C S: 16 T: 28S R: 3E
Census Tract001701
Assessed Land Value$13,333
Assessed Improvement Value$86,587
Assessment Year2025

About this property

Immaculately maintained single story beauty with 4 BDRMS + 4 total BATHS! This home features: REFRIGERATED AIR, PAID OFF SOLAR PANELS, tankless water heater, plantation shutters, stone accents, enclosed front entry courtyard with additional side entry access, mosaic tile at front entry door, architectural design. Open family room with stone fireplace that serves as the focal point and dining area. Kitchen with granite countertops, island, tons of cabinet space, SS appliances and pantry. Master bedroom suite with access door to backyard patio. Master bathroom with granite countertops, dual sinks, jetted tub, separate shower and walk in closet. Bedrooms #2 & #3 with Jack & Jill bathroom. Bedroom #4 could be a mini master suite with its own full bathroom. Backyard features: elongated covered patio, two pergolas, Tuff shed, custom cement work throughout. Close to Santa Teresa HS, Artcraft, parks plus much, much more!

Investor Tools

Property Icon
$347,000
Estimated Property Value
$0Estimated Mortgage Balance
$347,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,001
$99,920
2025
$13,333
$86,587
$299,761
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,001
$99,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$347,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
$40/mo
+$1,310/mo
4.7%

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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