For sale

$389,000

501 Springland Blvd, Elephant Butte, NM 87935

5beds

2,080sqft

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Single Family Residence

Built in 1986

0.5 Acres Lot

$366,500 Zestimate^®

$187/sqft

$-- HOA

What's special

Home officeDeck overlooking the propertyCompletely fenced propertyExtra space for entertaining

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.

53 days

154

5

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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: $175,992
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

$366,500

$348,000 - $385,000

$2,106/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
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

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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