NM 267's southern terminus is at U.S. Route 70 (US 70) in Portales, and the northern terminus is at US 60 and US 84 just east of the village of Melrose.

Before leaving the city of Portales it serves the western terminus of NM 236.

It then ends at US 60 and US 84 just east of the village of Melrose.

Created in 1988 during the New Mexico 1988 Highway Renumbering as a former part of NM 88.

Geographic data related to New Mexico State Road 267 at OpenStreetMap