550 S Roosevelt Rd N Portales, NM 88130
Estimated payment $1,389/month
Total Views
3,052
3
Beds
2
Baths
1,696
Sq Ft
$135
Price per Sq Ft
Highlights
- Barn
- Horses Allowed On Property
- Shed
- Lindsey-Steiner Elementary School Rated A-
- No HOA
- Forced Air Heating and Cooling System
About This Home
Nestled on a peaceful 10-acre spread, this beautifully updated 3-bedroom, 2-bath farmhouse offers the perfect blend of charm, functionality, and space. The interior is airy and light, with large windows throughout that fill the home with natural sunlight. A spacious living room serves as the heart of the home—ideal for relaxing or entertaining—while a large sunroom at the back of the house provides a serene space to enjoy the views year-round. The home features a well-designed, functional layout with comfortable bedrooms and two full bathrooms, making it ideal for everyday living or a peaceful weekend retreat. Outside, the land offers ample room for gardening, livestock, or future expansion. Whether you envision building barns, setting up stables, or simply enjoying the quiet, open landscape, this property offers endless possibilities. An additional 20 acres directly behind the property is also available for purchase, providing the rare opportunity to own up to 30 contiguous acres of prime rural land. Sellers are open to flexible terms, including owner financing, rental, or lease-purchase arrangements.
Listing Agent
TOWN & COUNTRY REAL ESTATE, INC. License #REC-2024-0356 Listed on: 07/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,618
Year Built
- Built in 1997
Lot Details
- 10 Acre Lot
- Fenced
Parking
- No Garage
Home Design
- Shingle Roof
Interior Spaces
- 1,696 Sq Ft Home
- Laminate Flooring
- Free-Standing Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Secondary Bathroom Double Sinks
Utilities
- Forced Air Heating and Cooling System
- Propane
- Well
- Septic Tank
Additional Features
- Shed
- Barn
- Horses Allowed On Property
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 400000000290400
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,082 | $50,323 | $13,944 | $36,379 |
| 2023 | $1,082 | $49,107 | $13,944 | $35,163 |
| 2022 | $1,046 | $47,925 | $13,944 | $33,981 |
| 2021 | $1,020 | $46,778 | $13,944 | $32,834 |
| 2020 | $1,008 | $46,112 | $13,944 | $32,168 |
| 2019 | $1,008 | $46,112 | $13,944 | $32,168 |
| 2018 | $1,010 | $46,112 | $13,944 | $32,168 |
| 2017 | $649 | $29,808 | $3,592 | $26,216 |
| 2016 | $636 | $28,815 | $3,363 | $25,452 |
| 2015 | $638 | $28,815 | $3,363 | $25,452 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $229,000 | -- | $135 / Sq Ft |
Source: New Mexico MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Public Records
Similar Homes in Portales, NM
Source: New Mexico MLS
MLS Number: 20254186
APN: 400000000290400
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