Dani Lee

48 Santillanes Road

Lemitar, NM
$ 154,900 Beds 4 Baths 2 Sq 2,836
Monthly Estimate* How much can I afford?

BANK FORECLOSURE! Opportunity awaits on a spacious .86-acre lot in the heart of Lemitar! Just North of Socorro. This property offers a home with generous square footage and endless potential for the right buyer. While the residence is older and in need of updates and repairs, its size and expansive lot provide an excellent foundation for renovation, investment, or creating your dream home. The large lot offers ample space for vehicles, RVs, workshops, gardening, animals, or future improvements. Whether you're an investor, contractor, or buyer looking for a project with room to grow, this property is full of possibilities. Bring your vision and unlock the value this unique property has to offer. Property is being sold as-is. Ask LB on Renovation loan products.

Active

  • Price
  • $ 154,900
  • City
  • Lemitar
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • Socorro
  • Half Bathrooms
  • 0
  • Area
  • North Socorro
  • Lot Size
  • 0.86 Acres
  • Zip
  • 87823
  • Sqr Footage
  • 2,836
  • Year Built
  • 1960
  • Taxes
  • $ 940
  • Style
  • MLS#
  • 1108516
Listed By: Keller Williams Realty
Data Source: Southwest MLS (SWMLS)

Features

General

Sewer Septic Tank
Heating Wood Stove
Cooling None
Utilities Electricity Connected,Propane,Water Connected
Possession Closing & Funding
Roof Metal
Zoning Out of MLS Area
Architectural Style Ranch
Construction Materials Stucco
Year Built 1960
Stories Count 1
Levels One
Property Subtype Detached
Accessibility None
County Socorro
New Construction false
Property Type Residential
Facing Direction West
Garage Y/N false
Green Energy Generation None
Full Baths 2
Special Listing Conditions Real Estate Owned
Status Active
Directions USE Google Maps for GPS Directions
ModificationTimestamp 2026-08-07T23:24:29.900-00:00
City Lemitar
Disclosures Lead Based Paint Disclosure,RANM 2100 Disclosure
Zoning Description RR
MLS Area 620 - North Socorro
Lot Size Square Feet 37418
Listing Terms Cash,Conventional,Other,See Remarks
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 940
Property Condition Resale
Builder Name Unknown
Standard Status Active
Property Sub Type Additional Detached
PostalCity Lemitar

Interior Features

Interior Amenities Ceiling Fan(s),Main Level Primary,Tub Shower
Flooring Concrete,Vinyl
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Window Features Single Pane
Fireplace Y/N false
Laundry Features Electric Dryer Hookup,Propane Dryer Hookup
Total Bedrooms 4
LivingAreaSource Listing Agent
Total Baths 2

Exterior Features

Parking Features RV Access/Parking
Lot Features None
Water Source Community/Coop
Foundation Details Slab
Building Area Total 2836
Lot Size Acres 0.86
Private Pool false
Lot Size Source Public Records
LotDimensionsSource Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/4/2026 Listed $154,900

Property vs Zip Code Average in 87823

Price
AVG $380K
$150K
Taxes
AVG $1,254
$940
Year Built
AVG 1998
1960

Areas That We Cover

48 Santillanes Road Lemitar, NM is a Single Family Home for sale at $154900 with 2836 sqft and a lot size of 0.86 Acres Acre(s). 48 Santillanes Road Lemitar has 4 bedrooms, 2 baths and was built in 1960. The property's zip code is 87823 which is in Lemitar, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Dani Lee

Dani Lee

Career Advisor

505-225-2116

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