For sale

$360,000

1227 E River Rd, Belen, NM 87002

2beds

1,162sqft

$2,422/mo

Get pre-qualified

Single Family Residence

Built in 1950

1.94 Acres Lot

$348,300 Zestimate^®

$310/sqft

$-- HOA

What's special

Irrigation well on-siteCozy single-family home

Owner Financing available with $50,000 Down. This versatile 2-acre property offers a unique opportunity for buyers looking for space, flexibility, and comfort. The property features a cozy single-family home with access to city water and city sewer, ensuring convenient and reliable utilities. Additionally, there's an irrigation well on-site, perfect for those with a green thumb or agricultural interests. What's especially enticing about this listing is its flexibility. Available for purchase either as is, comprising half of the property (1 acre land with the home), or as a complete package, encompassing the entire property along with 1 more acre of land, allowing you to enjoy more space or even consider future development.

38 days
126
10

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Main
Area: 13335
Dimensions: 127 x 105

Kitchen

Level: Main
Area: 16383
Dimensions: 129 x 127

Living room

Level: Main
Area: 23246
Dimensions: 197 x 118

Heating

Other

Appliances

Laundry: None

Features

Main Level Primary
Flooring: Carpet Free
Windows: Clad, Metal
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,162
Total interior livable area: 1,162 sqft

Property

Features

Levels: One
Stories: 1
Exterior features: Private Yard

Lot

Size: 1.94 Acres

Details

Parcel number: 1008028436045000000
Zoning description: M-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Stucco
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Other, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Location

Region: Belen

Financial & listing details

Price per square foot: $310/sqft
Tax assessed value: $169,672
Annual tax amount: $911
Date on market: 8/20/2026
Cumulative days on market: 39 days
Listing terms: Cash,Conventional,FHA,Other,See Remarks,VA Loan

Estimated market value

$348,300

$331,000 - $366,000

$1,486/mo

Price history

Date	Event	Price
8/20/2026	Listed for sale	$360,000+44%$310/sqft
Source: SWMLS #1109517 Report a problem
4/15/2026	Listing removed	$250,000$215/sqft
Source: SWMLS #1085312 Report a problem
11/26/2025	Price change	$250,000+177.8%$215/sqft
Source: SWMLS #1085312 Report a problem
8/22/2025	Price change	$90,000-66.5%$77/sqft
Source: SWMLS #1085253 Report a problem
8/22/2025	Price change	$269,000-2.2%$231/sqft
Source: SWMLS #1085312 Report a problem
6/5/2025	Price change	$275,000+175%$237/sqft
Source: SWMLS #1085312 Report a problem
6/4/2025	Listed for sale	$100,000-63.2%$86/sqft
Source: SWMLS #1085253 Report a problem
6/12/2023	Sold	--
Source: Public Record Report a problem
4/13/2023	Pending sale	$272,000$234/sqft
Source: SWMLS #1028608 Report a problem
1/25/2023	Listed for sale	$272,000$234/sqft
Source: SWMLS #1028608 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,735 -15.9%	$56,558 -0.5%
2024	$2,064 +126.3%	$56,853 +124.2%
2023	$912 +4.3%	$25,356
2022	$874 +5.7%	$25,356 +1.1%
2021	$827 +1.5%	$25,085 +3%
2020	$815 +3.4%	$24,354 +3%
2019	$788 +1%	$23,645
2018	$781 +0.6%	$23,645
2017	$776	$23,645
2016	--	$23,645 +2.5%
2015	--	$23,065 +6.1%
2013	--	$21,741 -65.7%
2011	$2	$63,324 +6.1%
2010	--	$59,691
2009	--	$59,691 +6%
2008	--	$56,313
2007	--	$56,313