
Residential Land for Sale in Roswell, New Mexico
704 W Gayle St, Roswell, NM 88203
Attention builders, developers, and savvy investors: this is your chance to secure a high-potential 1.42-acre parcel zoned R-1(Single-Family Residential), ideally located in a growing area with strong demand for new housing. With its generous size and flexible layout, this property is perfectly suited for multiple single-family homes or a small residential community (subject to local planning approvals). Strategically positioned in very close proximity to Monterrey Elementary School and Roswell High School, this site offers an ideal setting for family-oriented development. Key Features: - Lot Size: 1.42 acres of mostly level, buildable land- Zoning: R-1 - allowing for single-family residential development - Location Benefits: Within walking distance to Monterrey Elementary School and Roswell High School - ideal for families - Development Potential: Subdivide into multiple lots for single-family homes (buyer to verify with planning department) - Utilities: Water, Electric, Gas, Phone, and Internet available. - Access: Road frontage on Gayle St. This is a rare offering with the location, zoning, and size to support a highly marketable residential project. Dont miss this opportunity to create a legacy development or add a strong performer to your portfolio.
Location
- Street address
- 704 W Gayle St
- County
- Chaves County
- Elevation
- 3,626 feet
Property details
- Acreage
- 1.42 acres
- MLS #
- NMMLS 20256865
- Posted
Property taxes
- 2025
- $670
Parcels
- R027730
Legal description
Subd: FRUITLANDBlock: 17 Lot: 1*W197' N 274'/W 30' E150' N 260' DOC#202408487 QCD
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Berkshire Hathaway Home Services
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 10, 2025 | Under contract | $79,900 | — | NMMLS |
| Dec 9, 2025 | New listing | $79,900 | — | NMMLS |






