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.
Foreclosure
$154,900
48 Santillanes Rd, Lemitar, NM 87823
4beds
2,836sqft
Single Family Residence
Built in 1960
0.86 Acres Lot
$-- Zestimate®
$55/sqft
$-- HOA
What's special
- 40 days
- 190
- 6
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Chris J. Tellez 505-379-7721,
Keller Williams Realty 505-271-8200
Source: SWMLS,MLS#: 1108516
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Kitchen
- Level: Main
- Area: 96
- Dimensions: 8 x 12
Living room
- Level: Main
- Area: 630
- Dimensions: 35 x 18
Heating
- Wood Stove
Cooling
- None
Appliances
- Laundry: Electric Dryer Hookup, Propane Dryer Hookup
Features
- Ceiling Fan(s), Main Level Primary, Tub Shower
- Flooring: Concrete, Vinyl
- Windows: Single Pane
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,836
- Total interior livable area: 2,836 sqft
Property
Parking
- Parking features: RV Access/Parking
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.86 Acres
- Features: None
Details
- Parcel number: 006002008901
- Zoning: Out of MLS Area
- Zoning description: RR
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Connected, Propane, Water Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Lemitar
Financial & listing details
- Price per square foot: $55/sqft
- Annual tax amount: $940
- Date on market: 8/4/2026
- Cumulative days on market: 41 days
- Listing terms: Cash,Conventional,Other,See Remarks
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $154,900$55/sqft |
Source:  SWMLS #1108516 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 87823
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