Solid investment opportunity on a spacious .45-acre lot! This 3 bedroom, 1 bath home offers great bones and income potential, currently tenant-occupied and cash-flowing from day one. The bathroom features nice tilework in the shower, and the home includes a large laundry space for added convenience. An unfinished basement offers extra storage or future expansion potential. Central heating throughout keeps things comfortable year-round. With its generous lot size, this property presents strong upside for the savvy investor - schedule your showing with 24-hour notice for tenant occupancy. Square footage figures are provided as a courtesy estimate only and were obtained from Chavez County GIS . Buyer is advised to obtain an independent measurement.
For sale
$175,000
509 W 16th St, Roswell, NM 88201
3beds
1,164sqft
Single Family Residence
Built in 1964
0.45 Acres Lot
$-- Zestimate®
$150/sqft
$-- HOA
What's special
Large laundry spaceCentral heating throughout
- 70 days
- 216
- 12
Zillow last checked:
Listing updated:
Listed by:
Claudia Gomez 575-973-4415,
Real Broker LLC 505-557-4976
Source: New Mexico MLS,MLS#: 26000185
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- Electric
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup
Features
- Flooring: Tile
- Has basement: Yes
- Number of fireplaces: 1
Interior area
- Total structure area: 1,164
- Total interior livable area: 1,164 sqft
- Finished area above ground: 1,164
Property
Parking
- Total spaces: 1
- Parking features: Garage, Open
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 0.45 Acres
Details
- Parcel number: 4135060298456000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- Year built: 1964
Utilities & green energy
- Water: Water - City
- Utilities for property: Electricity Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Roswell
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $32,173
- Annual tax amount: $1,526
- Date on market: 7/21/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: Electric Water Heater, Free-Standing Range, Refrigerator
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,362/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $175,000$150/sqft |
Source:  New Mexico MLS #26000185 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $281 -0.9% | $10,725 +3% |
| 2024 | $283 -0.2% | $10,412 +3% |
| 2023 | $284 +4% | $10,109 +3% |
| 2022 | $273 +1.8% | $9,815 +3% |
| 2021 | $268 +1.9% | $9,529 +3% |
| 2020 | $263 +3.3% | $9,252 +3% |
| 2019 | $255 +4% | $8,983 +3% |
| 2018 | $245 +4% | $8,721 +3% |
| 2017 | $235 -5% | $8,467 -3.4% |
| 2016 | $248 -8.7% | $8,767 -1.2% |
| 2015 | $271 -50.3% | $8,872 -0.5% |
| 2014 | $546 +66.5% | $8,919 -19% |
| 2013 | $328 | $11,010 +3% |
| 2012 | -- | $10,689 -6.9% |
| 2011 | -- | $11,481 |
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: 88201
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.
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