Spacious 5-bedroom, 3-bath home located just minutes from the lake! This completely fenced property offers plenty of space both inside and out. Enjoy cozy evenings in the living room featuring a fireplace, or relax outside on the deck overlooking the property. The versatile game room/den provides extra space for entertaining, a home office, or a second living area. With room for everyone and a great location near the water, this property is perfect for full-time living or a weekend getaway.
For sale
$389,000
501 Springland Blvd, Elephant Butte, NM 87935
5beds
2,080sqft
Single Family Residence
Built in 1986
0.5 Acres Lot
$364,700 Zestimate®
$187/sqft
$-- HOA
What's special
Home officeDeck overlooking the propertyCompletely fenced propertyExtra space for entertaining
- 148 days
- 52
- 2
Zillow last checked:
Listing updated:
Listed by:
Cheryl A Shipley 509-768-1820,
Rio Mesa Realty 509-768-1820,
Kellie Thompson 575-740-4855,
Rio Mesa Realty
Source: New Mexico MLS,MLS#: 20262900
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Laminate, Tile
- Number of fireplaces: 1
Interior area
- Total structure area: 2,080
- Total interior livable area: 2,080 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Carport
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Stories: 2
Lot
- Size: 0.5 Acres
- Topography: Irregular Lot
Details
- Parcel number: 2932953676455
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1986
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Elephant Butte
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $181,272
- Annual tax amount: $1,575
- Date on market: 5/15/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: Free-Standing Range, Refrigerator
- Electric utility on property: Yes
Estimated market value
$364,700
$346,000 - $383,000
$1,995/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $389,000$187/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,742 +4.1% | $60,424 +3% |
| 2024 | $1,672 +1.6% | $58,664 +3% |
| 2023 | $1,646 +9.4% | $56,956 +1.8% |
| 2022 | $1,504 | $55,924 +3% |
| 2021 | -- | $54,295 |
| 2020 | -- | $54,295 +1.9% |
| 2018 | -- | $53,267 +2.1% |
| 2017 | -- | $52,152 +2.1% |
| 2016 | -- | $51,069 |
| 2015 | -- | $51,069 +0.7% |
| 2014 | -- | $50,700 |
| 2013 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 87935
Nearby schools
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




