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1629 Severo Rd SW, Albuquerque, NM, 87105

2beds
1baths
1,112sqft
$279,000
$251price/sqft
$2,201/moest. monthly cost
$88,040/yrincome needed

About This Home

Rare opportunity to own a charming home on nearly an acre in Southwest Albuquerque! This 2-bedroom, 1-bath home sits on a beautiful 0.84-acre lot filled with mature trees and lush grass, creating a peaceful park-like setting with endless possibilities. Enjoy a covered front porch, attractive bay window, and plenty of outdoor space for gardening, entertaining, RV parking, future expansion, or simply relaxing under the shade of the trees. Conveniently located near schools, shopping, dining, and major roadways, this property offers the perfect combination of privacy, space, and city convenience. A unique opportunity with room to grow!

Getting Around

23
WalkingCar-Dependent
20
TransitMinimal Transit
37
BikeSomewhat Bikeable

Schools

7/10
3/10
Ernie Pyle Middle SchoolGrades 6-80.7 mi
2/10
Rio Grande High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1950

Materials

  • Roof: Shingle

Type & Style

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

Interior

Appliances

  • Laundry features: Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Main Level Primary
  • Window features: Bay Window(s)
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Other

Interior Area

  • Total structure area: 1,112
  • Total interior livable area: 1,112 sqft

Kitchen

  • Level: Main
  • Area: 152.22

Living Room

  • Level: Main
  • Area: 206.4

Primary Bedroom

  • Level: Main
  • Area: 100.8

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101305516508730916
  • Zoning description: R-1C*

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.84 Acres

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

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Earthquake
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 $1,410$16,920
Home Insurance *$127$1,524
Property Taxes $516$6,192
Electricity $148$1,780
Total$2,201$26,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,462/yr
40% on housing$66,030/yr
45% on housing$58,693/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

$251This listing

vs Other Active Listings

Avg $/sqft

ZIP 87105$163
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87105
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$279,000
2026-08-01Listed for sale$279,000

For Sale by Agent

AgentGarcia Group
BrokerageKeller Williams Realty

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