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
$366,300 Zestimate®
$187/sqft
$-- HOA
What's special
Home officeDeck overlooking the propertyCompletely fenced propertyExtra space for entertaining
- 98 days |
- 83 |
- 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
$366,300
$348,000 - $385,000
$2,072/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $389,000$187/sqft |
Source:  New Mexico MLS #20262900 Report a problem | ||
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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87935
Nearby schools
GreatSchools rating
- 5/10Sierra Elementary SchoolGrades: 4-5Distance: 4.4 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 4.5 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 4.6 mi
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.
- $42,231-- sqft405 Springland Blvd, Elephant Butte, NM 87935Off Market
- $40,320-- sqft503 Springland Blvd, Elephant Butte, NM 87935Off Market
- $116,9001 bd1 ba480 sqft205 Northern Dr, Elephant Butte, NM 87935Off Market
- $--3 bd3 ba3.1k sqft403 Springland Blvd, Elephant Butte, NM 87935Sold
- $303,5003 bd2 ba3.2k sqft207 Northern Dr, Elephant Butte, NM 87935Off Market
- $37,080-- sqft1305 Skyline Dr, Elephant Butte, NM 87935Off Market
- $281,2003 bd2 ba2.8k sqft203 Northern Dr, Elephant Butte, NM 87935Off Market
- $--3 bd2 ba1.7k sqft213 Northern Dr, Elephant Butte, NM 87935Sold
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $418,0003 bd3 ba2.2k sqft300 Rio Grande Cir, Elephant Butte, NM 87935For Sale
MLS ID #20263909, Jason R Vickers. New Mexico MLS - $399,0003 bd2 ba1.4k sqft101 Mimbres Dr, Elephant Butte, NM 87935For Sale
MLS ID #20261728, Jason R Vickers. New Mexico MLS - $385,5003 bd2 ba2.3k sqft57 Old Ranch Rd, Elephant Butte, NM 87935For Sale
MLS ID #2602221, Katherine F O'Neill, RE/MAX Classic Realty. SNMMLS as distributed by MLS GRID - $339,0002 bd2 ba1.6k sqft33 Paint Trl, Elephant Butte, NM 87935For Sale
MLS ID #26000650, Jason R Vickers. New Mexico MLS - $575,0004 bd3 ba2.8k sqft502 Hawthorne Blvd, Elephant Butte, NM 87935For SaleMLS ID #20264170, Andrea Freeman. New Mexico MLS
- $205,0003 bd2 ba1.3k sqft135 Huron Dr, Truth Or Consequences, NM 87935For SaleMLS ID #20263849, Vanessa Woertink. New Mexico MLS
- $305,0003 bd1 ba1.6k sqft716 Erie Ave, Elephant Butte, NM 87935For SaleMLS ID #2602424, Judy Valtierra, Prosper Real Estate. SNMMLS as distributed by MLS GRID
- $250,0002 bd2 ba1.2k sqft109 Mimbres Rd, Elephant Butte, NM 87935For SaleMLS ID #20260139, Crystal M Mccaslin. New Mexico MLS
- $300,0002 bd2 ba1.6k sqft215 Hallmark St, Elephant Butte, NM 87935For SaleMLS ID #26000328, Jason R Vickers. New Mexico MLS
- $350,0003 bd3 ba1.7k sqft120 Mustang Dr, Elephant Butte, NM 87935For SaleMLS ID #20261365, Summer Woods. New Mexico MLS
- $275,0003 bd2 ba1.8k sqft507 Ontario Dr, Elephant Butte, NM 87935For SaleMLS ID #20263326, Cheryl A Shipley. New Mexico MLS
- $280,0003 bd2 ba1.8k sqft106 Knox Dr, Elephant Butte, NM 87935For SaleMLS ID #1107672, Karolyn M Chavez, Realty One of New Mexico. SWMLS
- $425,0002 bd2 ba1.2k sqft811 Warm Springs Blvd, Truth Or Consequences, NM 87901For Sale By Owner
- $225,0002 bd2 ba1.1k sqft158 Huron Dr, Elephant Butte, NM 87935For Sale By Owner
- $220,0002 bd2 ba1.8k sqft53 Underwood Blvd, Elephant Butte, NM 87935For SaleMLS ID #20262555, Andrea Freeman. New Mexico MLS
- $500,0003 bd4 ba2.5k sqft34 Underwood Pl, Elephant Butte, NM 87935For SaleMLS ID #20260392, Jason R Vickers. New Mexico MLS
- $295,0002 bd1 ba1.1k sqft31 Underwood Blvd, Elephant Butte, NM 87935For SaleMLS ID #20261643, LaNeer K Wrye. New Mexico MLS
- $205,0002 bd2 ba1.1k sqft111 Calle Del Sol, Elephant Butte, NM 87935For SaleMLS ID #26000540, C. Earl Greer. New Mexico MLS
- $429,9004 bd3 ba1.9k sqft106 Inca St, Elephant Butte, NM 87935New ConstructionMLS ID #20261832, Cheryl A Shipley. New Mexico MLS
- $575,0003 bd2 ba2.2k sqft401 Roadrunner Cir, Elephant Butte, NM 87935For SaleMLS ID #1101540, The Schuster Team, Simply Real Estate. SWMLS
