For sale

$129,000

501 School Of Mines Rd, Socorro, NM 87801

2beds

1,359sqft

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Single Family Residence

Built in 1943

0.62 Acres Lot

$158,400 Zestimate^®

$95/sqft

$-- HOA

What's special

Prime Location next to New Mexico Tech. This is a great fixer upper and investment opportunity. Close to New Mexico Tech this property has a history of residual income. Schedule your appointment today!

1 day

65

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Main
Area: 195
Dimensions: 15 x 13

Bedroom 2

Level: Main
Area: 195
Dimensions: 15 x 13

Kitchen

Level: Main
Area: 120
Dimensions: 15 x 8

Living room

Level: Main
Area: 240
Dimensions: 16 x 15

Heating

Natural Gas, Wall Furnace

Cooling

Evaporative Cooling

Appliances

Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Ceiling Fan(s), Main Level Primary, Pantry
Flooring: Wood
Windows: Single Pane, Wood Frames
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,359
Total interior livable area: 1,359 sqft

Property

Parking

Total spaces: 1
Parking features: Detached, Garage
Garage spaces: 1

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: Privacy Wall, Private Yard
Fencing: Full,Wall

Lot

Size: 0.62 Acres
Features: Corner Lot, Many Trees, Xeriscape

Details

Additional structures: None
Parcel number: 0010650001
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Pueblo
Property subtype: Single Family Residence

Materials

Stucco, Rock
Roof: Flat,Rolled/Hot Mop

Condition

Resale
New construction: No
Year built: 1943

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None
Water conservation: Water-Smart Landscaping

Community & HOA

Location

Region: Socorro

Financial & listing details

Price per square foot: $95/sqft
Tax assessed value: $86,631
Annual tax amount: $960
Date on market: 6/27/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$158,400

$120,000 - $193,000

$1,268/mo

Price history

Date	Event	Price
6/27/2026	Listed for sale	$129,000$95/sqft
Source: SWMLS #1106323 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$920 +2.8%	$28,877 +3%
2023	$894 -2%	$28,036 +3%
2022	$912 +4%	$27,220 +3%
2021	$877 +2.1%	$26,427 +3%
2020	$859 +0.2%	$25,657 +0.1%
2019	$857 +1.3%	$25,632 -66.7%
2018	$846 +0.9%	$76,972 -0.3%
2017	$839 +4.2%	$77,223 +3%
2016	$805 +9.1%	$74,974 +219.6%
2011	$738	$23,460

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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