$70,000

501 1/2 S Roosevelt Rd N Portales, NM 88130

Estimated payment $429/month

Total Views 2,047
20 Acres
$3,500 Price per Acre
871,200 Sq Ft Lot

About This Lot

Explore the possibilities with this unique offering: 20 acres of open land with a private well, available individually or in combination with an adjoining 10-acre parcel featuring an updated home. Whether you're looking for a place to build, farm, or live, this flexible setup offers multiple paths forward. 20 acres provides ample space for horses, livestock, or future expansion. The seller is open to a variety of purchase options, including a real estate contract (owner financing), lease purchase, long-term lease, or rental. This is a great opportunity for investors, homesteaders, or anyone seeking a peaceful lifestyle with room to grow.

Listing Agent

Brian Essex

TOWN & COUNTRY REAL ESTATE, INC. License #REC-2024-0356 Listed on: 07/21/2025

Co-Listing Agent

ERICA ESSEX

TOWN & COUNTRY REAL ESTATE, INC. License #REC-2022-0830

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $535

Lot Details

  • 20 Acre Lot

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 400000000346110

Property Details

Property Type

Land

Est. Annual Taxes

$535

Lot Details

0

Listing Details

  • Reso Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Co List Office Mls Id: CLTOWN CNT
  • Co List Office Phone: 575-762-7776
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 20

Utilities

  • Utilities: Natural Gas Not Available, Electricity Not Available
  • Water Source: Well, Well-Existing

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 871200
  • ResoLotSizeUnits: Acres
  • Parcel #: 400000000346110
  • Irrigation Water Rights: No

Tax Info

  • Year: 2025
  • Tax Annual Amount: 535.04

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $70,000 -- --
Source: New Mexico MLS

Source: New Mexico MLS

MLS Number: 20254190

New Mexico MLS

New Mexico Roosevelt County Portales 88130

501 1/2 S Roosevelt Rd N, Portales, NM

This home is located at 501 1/2 S Roosevelt Rd N, Portales, NM 88130 and is currently priced at $70,000. 501 1/2 S Roosevelt Rd N is a home located in Roosevelt County with nearby schools including Brown Early Childhood Center, Valencia Elementary School, and James Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Brian Essex
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TOWN & COUNTRY REAL ESTATE, INC.
(575) 376-8567