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Morningstar Legacy apartments in Las Cruces, NM

Updated

Morningstar Legacy

1155 S Telshor Blvd # 306, Las Cruces, NM 88011

4.1 (50 reviews) Official Website

Live pricing, refreshed

9
Units Listed
$675
Starting at
$1,347
Average
$1,795
Highest
$1.21
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Las Cruces, NM rent trends

Beds

Pricing by Bedroom

1 Bed
$985
from $675 · 2 units
~608 sqft avg
2 Bed
$1,088
from $775 · 3 units
~812 sqft avg
3 Bed
$1,723
from $1,550 · 4 units
~1,588 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (1)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$267K

$3.2M annual run rate

Modeled estimate

Est. Occupancy

95%

of about 192 units (modeled from leasing activity)

Effective Rent on New Leases

$1,461

vs $1,347 current asking

Recent Lease Activity

32 units tracked; 23 assumed leased, 9 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

9

Moderate availability

9 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Las Cruces 88011

Neighborhood

Comparing 6 apartments in Las Cruces 88011. Click any bar to view that building.

Available Units

9 units
1 Bed / 1 Bath Upstairs 1 Bedroom Unit - Updated Bathroom!
$675/mo
400 ft² · $1.69/ft\u00B2 · #A6
2 Bed / 1 Bath Two bedroom apartment!!
$775/mo
500 ft² · $1.55/ft\u00B2 · #E10
2 Bed / 2 Bath 2 Bed Unit -Tenants Pay Electric and Gas Only!
$1,095/mo
1,000 ft² · $1.09/ft\u00B2 · #D1
1 Bed / 1 Bath Large One Bedroom Apartment in Sonoma Ranch!
$1,295/mo
816 ft² · $1.59/ft\u00B2 · #bedroom
2 Bed / 2.5 Bath 2-Bedroom Townhome Apartment - Available Now!
$1,395/mo
936 ft² · $1.49/ft\u00B2 · #friendly
3 Bed / 2 Bath 3 bedroom home in Legends West!
$1,550/mo
1,210 ft² · $1.28/ft\u00B2
3 Bed / 2 Bath 3 Bedroom Home in Telshor area!
$1,750/mo
1,384 ft² · $1.26/ft\u00B2
3 Bed / 2 Bath Beautiful 3-Bedroom Southwestern-Style Home!
$1,795/mo
1,917 ft² · $0.94/ft\u00B2 · #bedroom
3 Bed / 2 Bath 3 Bedroom Home in Roadrunner Area!
$1,795/mo
1,842 ft² · $0.97/ft\u00B2 · #ups

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Las Cruces, NM notes

No resident notes for this property yet.

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