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$388,950

621 La Entrada Circle, Santa Teresa, NM, 88008

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.57 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
AppliancesWater Heater, Dishwasher, Disposal, Gas Cooktop
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill
Lot Size5,358 sqft

Building Information

Year Built2022
Roof Type158
Garage Spaces399

Land Information

APN4-016-167-114-214
Lot Number6
SubdivisionLa Entrada Subdivision
Land UseResidential
Legal DescriptionSUBD: LA ENTRADA SUBDIVISION (BK 24 PG 640-642 - 2100353) LOT: 6 BLOCK: 3 S: 27 T: 28S R: 3E
Census Tract001701
Assessed Land Value$12,667
Assessed Improvement Value$108,241
Assessment Year2025

About this property

Beautifully maintained modern home ready for its next owner. From the moment you walk in, you're greeted by soaring ceilings and high end light fixtures that create a bright and sophistocated atmosphere. The thoughfully designed kitchen features quartz countertops, a built-in gas cooktop with pot filler, stainless steel apron sink, and a large pantry. Elevated above the living room, it offers a unique and functional layout that adds both dimension and style to the main living space. The primary suite offers a spa-like bathroom with a large walk-in shower and soaking tub, along with a spacious walk-in closet. Additional bedrooms are well-sized and versatile. The backyard is fully landscaped with low-maintenance turf, an outdoor cooking area, pergola, and seating--perfect for entertaining! Located in the desirable La Entrada community with a guarded entrance. Convenient location minutes from shopping and the Interstate. This home feels like a model home and won't last long!

Investor Tools

Property Icon
$396,000
Estimated Property Value
$0Estimated Mortgage Balance
$98,518Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Carlos Chavez

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,842
$120,908
2025
$12,667
$108,241
$362,724
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,842
$120,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocky Mountain Mortgage Co
Fha
$315,887
Yes
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,482
$98,518
24%
75%
$1,894/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,459/mo
$1,894/mo
$-435/mo
4.4%

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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621 La Entrada Circle | Property Details | No Agent List