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Two-Home Multifamily Property
For Sale
$325,000

138 Roadrunner Lane, Conchas Dam, NM 88416

MultiFamily, Conchas Dam -NM, NM

Property Size1,280 SF
Lot Size1.00 Acre
Price / SF$253.91
Days on Market14
Rey
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Property Features for 138 Roadrunner Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 9000 - All Areas in the 9000's
Appliances Refrigerator, Dishwasher, Cooktop
Directions From Tucumcari Go North on First Street 32 Miles. Take A slight right turn onto Big Mesa Avenue. Go 1.1 mile turn right onto Cunico Rd. The destination is on your right.
Subdivision 9001 - New Mexico
Standard status Active
Size 1,280 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description Legal Summary S: 7 T: 13 R: 26 LEGAL:W/IN NW4NE4 T-13 R-26 S-7 Q-1 PLAT BK 32 PG 188
Legal Description Legal Summary S: 7 T: 13 R: 26 LEGAL:W/IN NW4NE4 T-13 R-26 S-7 Q-1 PLAT BK 32 PG 188

Utilities

Cooling system Electric

Amenities

central heat and air
evaporative coolers
pellet stove
RV hookups
shop
decks
picnic area
automated sprinklers
propane

Building Details

Year built 1999
Roof type Metal
Listing Agency: United Country Real Estate/Caprock Properties & Auction
Listed By: Dana Petty · License #658343
Added: Oct 2 Changed: Oct 9 Last Checked: Oct 15 at 1:06PM
MLS# 26-7864

Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 1-acre property includes two single-wide homes with a combined 1,280 square feet, five bedrooms and four bathrooms. The primary residence has central heat and air, two evaporative coolers, and a pellet stove in a 15-by-40-foot addition. Both homes are served by propane. Decks, a picnic area, and automated sprinklers are also on site; the metal-roofed property was built in 1999.

Three RV spaces have electric, water, and sewer hookups. A 30-by-40-foot shop includes two 16-foot doors, a personnel door, and 240V power. The property is at Conchas Lake; water reaches the rear brick wall when the lake is full, while the shoreline is farther away at lower water levels.

Key Highlights

  • Two single‑wide homes with 1,280 square feet combined, five bedrooms, and four bathrooms
  • 1‑acre parcel at Conchas Lake
  • Three RV spaces with electric, water, and sewer hookups

Property Analytics

Current Use

Multifamily properties

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 88416, NM

206
Population
354
Households
0.6
Avg Household Size
63
Median Age
95%
High-School Grad
81.4 sq mi
ZIP Area
3
Density / Sq Mi

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two single-wide residences share the parcel with RV hookups and a powered shop.
Where is this multifamily property located?
The property is located at 138 Roadrunner Lane Conchas Dam, NM.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two single‑wide homes with 1,280 square feet combined, five bedrooms, and four bathrooms; 1‑acre parcel at Conchas Lake; Three RV spaces with electric, water, and sewer hookups
More about this property
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