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904 E Elbe St, Portales, NM, 88130

3beds
1baths
992sqft
$96,000
$97price/sqft
$793/moest. monthly cost
$31,720/yrincome needed

About This Home

Welcome to this charming 3-bedroom, 1-bath home offering comfort, functionality, and value. The spacious backyard provides plenty of room for entertaining, gardening, or future possibilities, while the detached shop is perfect for storage, hobbies, or a workshop. Whether youre a first-time homebuyer, investor, or looking to downsize, this property offers a great opportunity.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

6/10
6/10
Portales Jr High SchoolGrades 7-80.5 mi
4/10
Portales High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1978

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood,Tile,Vinyl

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 992
  • Total interior livable area: 992 sqft

Property

Details

  • Parcel number: 100000000562200

Features

  • Stories: 1
  • Fencing: Cross Fenced
  • Topography of land: Cross Fenced, Irregular Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Hail
Heat Wave
Lightning
Wildfire
Cold Wave
Tornado

FEMA Declared Disasters in Roosevelt County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $485$5,820
Home Insurance *$112$1,344
Property Taxes $48$576
Electricity $148$1,780
Total$793$9,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,188/yr
40% on housing$23,790/yr
45% on housing$21,146/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$97This listing

vs Other Active Listings

Avg $/sqft

ZIP 88130$121
Roosevelt County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 88130$130
Roosevelt County$125

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$96,000
2023-09-22Sold--
2023-08-18Price change$85,000
2023-07-18Price change$89,900
2023-06-29Listed for sale$95,000
2022-08-26Sold--
2022-07-17Contingent$60,000
2022-05-26Price change$60,000
2022-04-15Listed for sale$70,000

For Sale by Agent

AgentArturo Lavalle
BrokerageRealty One Of New Mexico - R1 Clovis

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