Great investment opportunity! This recently remodeled 3 bedroom, 1 bathroom home is currently tenant-occupied with a lease in place for the next 8 months, providing immediate rental income. With a strong offer, the existing lease may be bought out, offering flexibility for both investors and future owner-occupants. The home is easy to show and has been updated, making it a low-maintenance addition to any portfolio. The seller also owns two additional properties next door that can be purchased separately or together, creating an excellent opportunity for investors looking to acquire multiple neighboring rentals.
For sale
$155,000
707 E 5th St, Roswell, NM 88201
3beds
980sqft
Single Family Residence
Built in 1944
10,454 Square Feet Lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
- 154 days |
- 87 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Josh Lusk 575-317-3232,
Keller Williams Roswell 575-600-6114
Source: New Mexico MLS,MLS#: 20260853
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Refrigerated
Features
- Has fireplace: No
Interior area
- Total structure area: 980
- Total interior livable area: 980 sqft
Property
Features
- Stories: 1
- Fencing: Back Yard,Chain Link
- Frontage length: 60.0
Lot
- Size: 10,454 Square Feet
- Dimensions: 60.0x173.0
- Topography: Back Yard, Chain Link
Details
- Parcel number: 4136061376388000000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Pitched
Condition
- Year built: 1944
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Security: Audio/Video Surveillance
HOA
- Has HOA: No
Location
- Region: Roswell
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $51,310
- Annual tax amount: $1,351
- Date on market: 2/12/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: Free-Standing Range, Microwave, Refrigerator, Water Heater
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,234/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Listed for sale | $155,000$158/sqft |
Source:  New Mexico MLS #20260853 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $465 -0.2% | $17,104 +3% |
| 2023 | $466 -2.7% | $16,606 -3.6% |
| 2022 | $479 +1% | $17,232 +2.2% |
| 2021 | $475 +1% | $16,865 +2% |
| 2020 | $470 -2.1% | $16,527 -2.5% |
| 2019 | $480 +0.9% | $16,944 0% |
| 2018 | $476 -0.9% | $16,950 -1.9% |
| 2017 | $480 +1.3% | $17,271 +3% |
| 2016 | $474 -4.9% | $16,768 +3% |
| 2015 | $498 -48.5% | $16,280 +3% |
| 2014 | $967 +111.7% | $15,806 +3% |
| 2013 | $457 | $15,345 +3% |
| 2012 | -- | $14,899 -8.4% |
| 2011 | -- | $16,263 |
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
GreatSchools rating
- 7/10Nancy Lopez Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Mesa Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Goddard High SchoolGrades: 9-12Distance: 1.9 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.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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