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New Construction Quadplex
For Sale
$769,900

110 Starling Lane, Santa Teresa, NM 88008

Residential, Santa Teresa, NM

Property Size3,850 SF
Lot Size0.10 Acres
Price / SF$199.97
Days on Market139

Property Features for 110 Starling Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Zoning A1
Bedrooms 10
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 10, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 8, Bedroom 7, Bathroom 7, Bathroom 6, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 9, Bathroom 8
Window features Double Pane Windows
Interior features Ceiling Fan(s), Pantry, Walk-In Closet(s)
Appliances Dishwasher, Disposal, Electric Water Heater, Free-Standing Electric Oven, Microwave, Refrigerator
Subdivision Las Brisas
Lot features Gated Community, Standard Lot, Subdivided
Elementary school Santat
Middle school Santat
High school Santat
Elementary school district Gadsden
Middle school district Gadsden
High school district Gadsden
Standard status Active
APN 4015166507455
Size 3,850 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LAS BRISAS SUBDIVISION PHASE 1 (2527667) Lot: 49 S: 21 T: 28S R: 3E
Tax Annual Amount 1699
HOA Fee $400 Monthly
Legal Description LAS BRISAS SUBDIVISION PHASE 1 (2527667) Lot: 49 S: 21 T: 28S R: 3E

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air

Building Details

Year built 2026
Floors in Building 2
Flooring type Carpet, Vinyl
Building materials Stucco, Frame
Roof type Shingle
Architectural style Other
Listing Agency: AMAR Real Estate Group
Listed By: Adrienne Dominguez
Added: May 28 Changed: Oct 2 Last Checked: Oct 13 at 9:06PM
MLS# 944747

Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,850-square-foot quadplex is under construction for a 2026 build year. The four-unit design allows a combination of two- and three-bedroom floor plans, with each residence providing two bathrooms, a laundry room, and a kitchen equipped with stainless steel appliances. Interior features include pantries, walk-in closets, and ceiling fans, supported by central electric heating and central air conditioning. Stucco and frame construction, vinyl and carpet flooring, and shingle roofing complete the planned improvements.

The property is located at 110 Starling Lane in Santa Teresa, within a planned 61-quadplex gated community. Community features described for the development include two green space parks, landscaped pathways, and solar lighting. The property carries A1 zoning and occupies approximately 0.1 acres.

Key Highlights

  • 3,850‑square‑foot quadplex on approximately 0.1 acres
  • Four units with mix‑and‑match 2- and 3‑bedroom floor plans
  • Each unit includes 2 bathrooms and a laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,977
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,540 $519.5K
Cap Rate 7%
$371,100 $371.1K
Cap Rate 9%
$288,633 $288.6K
Market Conditions
NOI Build-Up for 3,850 SF
Gross rent
$39.3K $10.20/SF
− Vacancy
−$2.2K −$0.56/SF
EGI
$37.1K $9.64/SF
− OpEx
−$11.1K −$2.89/SF
NOI
$26.0K $6.75/SF
Area
Dona Ana County, NM
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,540
Cap Rate 7%
$371,100
Cap Rate 9%
$288,633

Alternative Uses

Best Use
Multifamily LT 5
$371.1K
$324.7K – $433.0K (±1% cap)
NOI $25,977 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$333.8K
$292.1K – $389.4K (±1% cap)
NOI $23,366 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$673.7K
$589.5K – $786.0K (±1% cap)
NOI $47,161 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Quadplexes

Lease Details

244
Residential units

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 88008, NM

10,239
Population
4,364
Households
2.3
Avg Household Size
33
Median Age
39%
College-Educated
92%
High-School Grad
80.7 sq mi
ZIP Area
127
Density / Sq Mi
$69,502
Median Household Income
$36,679
Median Earnings
$1,191
Median Rent
$228,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Planned residences offer flexible two- and three-bedroom layouts with two bathrooms per unit.
Where is this quadplex located?
The property is located at 110 Starling Lane Santa Teresa, NM.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: 3,850‑square‑foot quadplex on approximately 0.1 acres; Four units with mix‑and‑match 2- and 3‑bedroom floor plans; Each unit includes 2 bathrooms and a laundry room
More about this property
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