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208 E Mathews Street

Roswell, NM 88203

$425,000 $1,791/Mo

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Overview

Bed

Bath

25,206

Sqft(Lot)

Description

High-Growth Investment Opportunity in Roswell’s Expanding Housing Market Rare chance to acquire a fully entitled, income-producing tiny home village on a 25,000 SF lot with immediate upside and expansion potential. Three completed, rent-ready manufactured homes are already in place, each with full utility hookups and in-demand modern appliances including refrigerator, stove, washer, and dryer—allowing for instant cash flow from day one. The property is designed for scalability, with ample space to add additional units and significantly increase rental income. A fully fenced backyard creates a controlled, community-style environment featuring shared outdoor amenities, including a tranquil pond that also serves as a stormwater management system—reducing future infrastructure costs. A 40-f oot shipping container is included and can be subdivided into multiple storage units, providing an additional revenue stream or tenant storage solution. With infrastructure already in place, minimal startup costs, and strong demand for affordable housing, this property is perfect for investors seeking high yield, rapid expansion, and long-term appreciation in one of Roswell’s fastest-growing markets. Current rent is $1250.00 plus utilities

Property Details

Property Type : Residential Income

Price : $425,000

AD Id : 74732167

MLS Id : 20260514

Lot Size : 25,206 Sqft

Year Built : 2025

County : Chaves

Map

What's Nearby

Nearby Areas

Features

Interior Features

Appliances: Dryer, Free-Standing Range, Refrigerator, Washer
Heating & Cooling

Heating: None

Building Information

Year Built: 2025 Private Pool: No

Lot Information

Main Square Feet: 25206 Square Feet Lot Size Acres: 0.5787 Lot Size Square Feet: 25206

Listing Price Information

Listing Price: $425000

Tax Information

Parcel Number: 4136062095357000000 Tax Year: 2024 Annual Tax: $31.58 Tax Legal Desc: Subd: SOUTH ROSWELL, BLOCK 52, LOTS C, D & E REPLAT Tract: X

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3048 Ruth Avenue, Roswell, NM, 88203	$650,000	4	3	4,409	4,409 SqFt

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.

ByOwner last updated this listing 06/17/2026 @ 00:10

MLS: 20260514 LISTED BY: Lana Reese, Exp Realty, LLC 505-554-3873 SOURCE: New Mexico MLS