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10631 Covered Wagon Ave SE, Albuquerque, NM, 87123

3beds
3baths
1,992sqft
$399,900
$201price/sqft
$2,571/moest. monthly cost
$102,840/yrincome needed

About This Home

Welcome to 16301 Covered Wagon. Beautiful 2 story home. Home is 3 Bedroom, 2.5 Bath. Home has an upstairs loft that can be another bedroom. Refrigerated air for cool nights. Home is close to I 40. No HOA fees here. Backyard porch for entertaining.

Getting Around

58
WalkingSomewhat Walkable
37
TransitSome Transit
53
BikeBikeable

Schools

4/10
Apache Elementary SchoolGrades PK-51.0 mi
5/10
Manzano High SchoolGrades PK-121.4 mi
6/10
Grant Middle SchoolGrades 6-83.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Pitched,Shingle
  • Construction materials: Frame,Stucco

Other

  • Builder name: Brenda Bojorquez

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Bedroom2

  • Level: Upper
  • Area: 132

Bedroom3

  • Level: Upper
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Family Room

  • Level: Upper
  • Area: 240

Features

  • Attic,Breakfast Bar,Dual Sinks,Jack and Jill Bath,Loft,Multiple Living Areas,Pantry,Shower Only,Separate Shower,Walk-In Closet(s)
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Carpet,Laminate,Tile

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 1,992
  • Total interior livable area: 1,992 sqft

Kitchen

  • Level: Main
  • Area: 100

Living Room

  • Level: Main
  • Area: 255

Primary Bedroom

  • Level: Upper
  • Area: 195

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1023056115337214423
  • Zoning description: R-1A*

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Balcony,Open,Patio
  • Exterior features: Balcony,Private Yard
  • Fencing: Back Yard,Wall

Lot

  • Lot size: 3,484 sqft
  • Features: Landscaped,Planned Unit Development

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Hail
Lightning

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$118$1,416
Property Taxes $283$3,396
Electricity $148$1,780
Total$2,571$30,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,148/yr
40% on housing$77,130/yr
45% on housing$68,560/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 87123$158
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87123
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Listed for sale$399,900

New Construction

AgentLeopoldo Martinez
BrokerageMartinez Realty

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