2120 Garrison Rd Las Cruces, NM 88001

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2 beds · 2 baths · 1,430 sq ft · Lot Size: 4,121 sq ft · Single Family Home · University District
Est. Property Value: $171,540

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2120 Garrison Rd is in the University District neighborhood of Las Cruces, NM. It is located in Doña Ana County and ZIP code 88001. This Single Family Home was built in 1981 and is approximately 44 years old. The single family home spans 1430 sq ft with 2 bedrooms and 2 bathrooms and sits on a 4121 sq ft lot. According to public records, it was last sold in 2013 for $84,890 and has a tax-assessed value of $112,826, which is $120 per sq ft. The University District area of Las Cruces has 101 residential homes with an average size of 1205 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2120 Garrison Rd Las Cruces, NM 88001 with Property Intel by Whitepages.

2120 Garrison Rd

Las Cruces, NM 88001

Owner Info

Owners & Occupancy for 2120 Garrison Rd

This property is owned by Patrick J Mendoza. Owner contact information includes 3 phone numbers and 2 email addresses.

Property Owners

OccupationMilitary Technician, Dona Ana Range Complex
Cell Phone(404) ***-****View Cell Phone
Residence**************
Landline(575) 647-2255
Distance from Property**********
Email Address****************@gmail.comView Email

Occupancy

Resident 1********************* age 40

Property Financials for 2120 Garrison Rd

2120 Garrison Rd, Las Cruces, NM has a mortgage from Wells Fargo Bk Na (orig. December 23, 2013). The Doña Ana county assessment for 2024 values it at $112,826, with annual taxes of $1,085.

Mortgage & Equity Information

Loan Amount$*****
LenderWells Fargo Bk Na
Origination DateDecember 23, 2013
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateDecember 20, 2013
Property Tax Amount$1,085 in 2024
Purchase Price$84,890
Assessed Value$112,826 on 2024

Investment Potential for 2120 Garrison Rd

The property has a current estimated value of $171,540, which is 4% below the neighborhood median, based on public records. It last sold on December 20, 2013 for $84.9K. Projected long-term
is $17,400 annually ($1,450 per month) with a 86% occupancy rate.

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Long-Term

Gross Rental
$17,400 per year($1,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 88001 zip code
 
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Property Details for 2120 Garrison Rd

Property Details

Property Sq Ft

Living Area

1,430 sq ft

19% above market

Lot Size

4,121 sq ft

43% below market

Price Per Sq Ft

Living Area

$120 / sq ft

20% below market

Lot Size Area

$42 / sq ft

66% above market

Property condition, age, exterior, etc. for 2120 Garri…
Longitude: -106.751605 Latitude: 32.290116 Parcel Number (APN): 02-14512…

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Discover more single family homes near 2120 Garrison Rd in Las Cruces, New Mexico. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2120 Garrison Rd in Doña Ana County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$171,540
$178,188
-$6,648 (-4%)
$393,995
-$138,291 (-35%)
YoY Price Change
2.46%
299%
Year Built
1981
1980
1 year
Living Space
1,430 sq ft
1,214 sq ft
216 (18%)
$ Per Living Sq Ft
$120
$147
-$27 (-18%)
Lot Size
4,121 sq ft
7,841 sq ft
-3720 (-47%)
$ Per Lot Sq Ft
$42
$18
$24 (131%)

Net Operating Income
$15,715
-$2,981 (-19%)
Annual Revenue
$17,400
$20,400
-$3,000 (-15%)
$4,307
$359 (8%)
Net Operating Income
$15,715
-$2,981 (-19%)
Cap Rate
10.74%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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