Homes/Arizona/Tucson/256 S Avenida Del Palo Fiero
CompCasa Property Analysis · single_family

256 S Avenida Del Palo Fiero

New Spanish-Style 2BR Home with Courtyard and Solar

Energy-efficient, walkable Mercado District residence near downtown Tucson

2 beds2 baths1,972 sq ftBuilt 20250.06 acres1-car attached
CompCasa valuation analysis
Estimated market value
$950,000
Low $900,000 · Midpoint $950,000 · High $1,000,000
Confidence85%Sales comparison approach
Last recorded sale$225,000Dec 9, 2022
Assessed value$5,6442025 assessment
CompCasa estimate$950,000Mar 6, 2026
Estimate vs. last recorded sale+$725,000 / +322.2%
$900,000$950,000 midpoint$1,000,000
Price / sq ft$482
Median sale price$440,000
Avg days on market71 days
Inventory2.5 months

Sales comparison approach using recent sales of similar new constructions in the Mercado District. Adjusted for size, condition, and unique features. Income approach not applicable due to owner-occupied status.

About the property

New Spanish-Style 2BR Home with Courtyard and Solar

This Spanish-inspired home stands out on a corner lot in the Mercado District with its private courtyard and traditional stucco lines softened by contemporary finishes. Built in 2025, the house offers 1,972 square feet across two stories, where high ceilings and a considered material palette—bamboo and ceramic tile floors—create a warm yet modern backdrop for everyday living.

Enter through the intimate courtyard, an ideal spot for evening gatherings or quiet morning coffee, and move into an open main level designed for comfortable living. The plan emphasizes scale: tall ceilings, efficient mechanicals, and an owner-focused list of systems including owned solar panels and a tankless water heater to reduce ongoing energy costs. The home’s construction—concrete block with masonry stucco—lends a sense of permanence and aligns with the neighborhood’s architectural character.

Two well-proportioned bedrooms and two full baths are arranged for flexible use—primary suite privacy on one floor and guest or office space on the other, depending on your lifestyle. Finishes are restrained and durable: ceramic tile in wet areas, bamboo flooring in living spaces, and a contemporary palette that complements the home’s Spanish profile. Mechanical comforts include a heat pump and central air to keep interiors comfortable year-round.

Storage and parking are practical: a one-car attached garage with tall ceilings provides room for shelving and overhead storage, and the level lot has street frontage on Avenida Del Palo Fiero for easy access. Despite the compact lot size, the property’s corner position and courtyard expand the feeling of outdoor living without requiring extensive maintenance.

Location is a key draw. Walk to Mercado San Agustin and the MSA Annex for eclectic dining and shopping, or head to Sentinel Peak Park (A Mountain) for quick hikes and skyline views. Downtown Tucson and the University of Arizona are minutes away, making this a smart choice for anyone who wants urban convenience combined with modern, energy-conscious construction. For buyers seeking a recently built, low-maintenance home with efficient systems and a prime Mercado District address, this property delivers a rare combination of design, location, and future-focused features.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$820,000
Property address252 S Avenida Del Palo Fiero, Tucson, AZ 85745
2 bed2.5 bath1,885 sq ftBuilt 20190.01 mi1,786 sq ft lot$435/SF
Sold Sep 21, 2024
Subject difference
  • 87 SF smaller
  • 0.5 additional bathrooms
  • 828 SF smaller lot
  • 6 years older
Research comparison noteSimilar Spanish-style home with slightly smaller square footage and lot size.
02Sold price$1,150,000
Property address237 S Avenida Del Palo Fiero, Tucson, AZ 85745
3 bed3 bath2,679 sq ftBuilt 20200.02 mi2,178 sq ft lot$429/SF
Sold Sep 26, 2025
Subject difference
  • 707 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • 436 SF smaller lot
  • 5 years older
Research comparison noteLarger home with additional bedroom and bathroom, higher price point.
Comp methodology: Comparable sales selected from the same street to ensure relevance. Lease comps not available due to lack of comparable rental data.
Property details

A 2025 spanish on 0.06 acres.

Building

Year built2025
ConstructionConcrete Block With Masonry Stucco
RoofRolled
Heatingheat pump
Coolingcentral air

Site & utilities

Lot size0.06 acres
Garage1-car attached
Stories2
ConditionNew
BasementNone
FireplaceNo
Improvement notes2 bedrooms, 2 bathrooms, high ceilings, bamboo and ceramic tile flooring, energy-efficient features including owned solar panels and tankless water heater
Lot area2,614 sq ft
TopographyLevel
FrontageFrontage on Avenida Del Palo Fiero
ParkingAttached Garage
Parking spaces1
Parking notes1-car attached garage with tall ceilings for additional storage
AccessAccessible from both front and rear entrances
WaterPublic
SewerConnected
ElectricTucson Electric Power
GasNone
Location & nearby

Mercado District of Menlo Park

Researched nearby locations

Mercado San Agustin (0.2 mi)
MSA Annex (0.3 mi)
Downtown Tucson (1.5 mi)
University of Arizona (2 mi)
Sentinel Peak Park ('A' Mountain) (0.5 mi)

Location

256 S Avenida Del Palo Fiero, Tucson, AZ 85745

View in Google Maps
Editorial neighborhood context

Mercado District of Menlo Park blends historic Tucson character with a contemporary, walkable urban lifestyle. Streets here are a mix of residential and small commercial nodes; local favorites at Mercado San Agustin and the MSA Annex offer diverse dining and boutique shopping. Residents benefit from quick routes to downtown Tucson, a short drive to the University of Arizona, and nearby outdoor access at Sentinel Peak. The neighborhood’s ongoing development has increased amenities while maintaining a strong sense of community and pedestrian accessibility.

Nearby access summary

Very good outdoor recreation access with Sentinel Peak Park (A Mountain) less than a mile away, easy downtown walking routes, and nearby neighborhood green spaces for daily walks and weekend outings.

ElementaryMaxwell K-8 School (TUSD)
Middle schoolMaxwell K-8 School (TUSD)
High schoolCholla High Magnet School (TUSD)
School districtTucson Unified School District
Market context

A factual market snapshot around 256 S Avenida Del Palo Fiero.

Median sale price$440,000
Avg days on market71 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

The Mercado District continues to attract buyer interest, creating a market that favors sellers but still rewards well-priced, turn-key product. Local data shows the 85745 zip code with a median list price near $440,000 and an average days-on-market of about 71 days as of mid-2025; however, newer construction and well-located homes in the Mercado District trade at a significant premium. Recent nearby sales on the same block show prices from approximately $820,000 to $1,150,000, implying a localized price-per-square-foot near $430–$485 and supporting an estimated value for this property around $950,000.

Inventory in the area is tight—about 2.5 months of supply—so buyers encounter limited choices and motivated sellers in many segments. For single-family new construction like this home, demand is strong because product is rare in such a walkable stretch near Mercado San Agustin, Sentinel Peak, and downtown. Average time on market for comparable, move-in ready homes here tends to be shorter than broader ZIP-code averages. That makes now an attractive window for sellers seeking premium pricing, and for buyers prepared to move quickly on well-sited, energy-efficient homes that will likely hold appreciation potential given the neighborhood’s five-year growth trends.

Zoning & land use

Planned Area Development

Zoning

Zoning codePAD-10
DescriptionPlanned Area Development
JurisdictionCity of Tucson
Assessor useSingle Family Residential
Current useResidential
SetbacksSubject to PAD-10 regulations

Research-indicated uses

  • Residential
  • Mixed Use
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$5,644
Assessed improvements$0
Total assessed$5,644
Assessment year2025
Annual property tax$747
Tax year2025

Sale history

2022-12-09$225,000 · $114/SF
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Purchased as land in December 2022 for $225,000
  • Current assessed land value is $5,644
  • Comparable sales in the area suggest a market value between $900,000 and $1,000,000
  • Located in the Mercado District of Menlo Park, known for its unique blend of residential and commercial spaces
  • Proximity to Mercado San Agustin, MSA Annex, downtown Tucson, and the University of Arizona

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify construction permits and final inspections
  • Review HOA covenants and restrictions
  • Professional home inspection
  • Confirm utility connections and services
Highlights & features

What stands out about this property.

Interior Features

  • High ceilings
  • Bamboo flooring in living areas
  • Ceramic tile in baths and entries
  • 2 bedrooms, 2 full bathrooms
  • Energy-efficient systems (heat pump, central air)
  • Tankless water heater
  • Concrete block construction with masonry stucco

Exterior & Lot

  • Corner lot with frontage on Avenida Del Palo Fiero
  • Private courtyard for outdoor entertaining
  • Lot size: 2,614 sq ft (approx. 0.06 acre)
  • 1-car attached garage with tall ceilings for extra storage
  • Level topography, low-maintenance exterior finishes

Location & Neighborhood

  • Walking distance to Mercado San Agustin (0.2 mi)
  • Close to MSA Annex (0.3 mi)
  • Downtown Tucson approximately 1.5 miles
  • University of Arizona approximately 2 miles
  • Sentinel Peak Park (A Mountain) about 0.5 mile

Walkability & Recreation

  • Walkability Rating: 75/100 — Some errands on foot
  • Mercado San Agustin and MSA Annex dining and shopping within a few blocks
  • Sentinel Peak Park for hiking and skyline views (0.5 mi)
  • Easy access to downtown entertainment and University of Arizona
  • Neighborhood streets suited for walking and short errands
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com listing for 256 S Avenida Del Palo FieroView source
2
Realtor.com listing for 252 S Avenida Del Palo FieroView source
3
Realtor.com listing for 237 S Avenida Del Palo FieroView source
4
Zillow listing for 256 S Avenida Del Palo FieroView source
5
Long Realty listing for 256 S Avenida Del Palo FieroView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.