Discover the potential of this 1.34-acre property offering water rights, a private well, electricity, and plenty of room to create your vision in Northern New Mexico. An older adobe home is situated on the property and may offer an opportunity for renovation or redevelopment, depending on the buyer's plans and due diligence. The property does not currently have a septic system.
With its generous acreage, existing well, electrical service, and valuable water rights, this property provides an excellent opportunity for buyers looking to build a new home, establish a rural retreat, or breathe new life into the existing adobe structure. Enjoy the space and character of country living while remaining conveniently located near Española, with access to shopping, restaurants, schools, and everyday amenities. The location also provides a convenient commute to Los Alamos and surrounding communities.
Bring your plans, builder, and imagination and explore the possibilities this unique Northern New Mexico property has to offer. Buyer to independently verify the condition and availability of all utilities, water rights, well, existing improvements, zoning, septic requirements, and suitability of the property for their intended use.
For sale
$125,000
604 County Road 1, Hernandez, NM 87537
3beds
800sqft
Single Family Residence
Built in 1950
1.34 Acres Lot
$-- Zestimate®
$156/sqft
$-- HOA
What's special
- 15 days
- 800
- 65
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Andres Serna 505-699-0618,
Keller Williams Realty 505-983-5151
Source: SFARMLS,MLS#: 202604305
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Features
- Interior Steps
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: One
- Stories: 1
Lot
- Size: 1.34 Acres
Details
- Parcel number: R013367
- Zoning: Rural Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northern New Mexico
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- Unknown
- Year built: 1950
Utilities & green energy
- Sewer: None
- Water: Private, Well
- Utilities for property: Electricity Available, Sewer Not Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hernandez
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $85,842
- Annual tax amount: $701
- Date on market: 10/4/2026
- Listing terms: Cash,New Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $125,000$156/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $701 +12.3% | $28,614 +3% |
| 2024 | $624 +1.3% | $27,782 +3% |
| 2023 | $616 +5.4% | $26,975 +1.8% |
| 2022 | $584 +3% | $26,502 |
| 2021 | $568 -1.9% | $26,502 -0.6% |
| 2020 | $579 | $26,655 +0.6% |
| 2019 | $579 +17% | $26,502 |
| 2018 | $495 -3.1% | $26,502 +0.2% |
| 2017 | $510 -8.9% | $26,460 -2.5% |
| 2016 | $560 | $27,131 +3% |
| 2015 | $560 +13.7% | $26,342 +3% |
| 2014 | $493 -0.2% | $25,577 +9.3% |
| 2011 | $494 +38.5% | $23,411 |
| 2009 | $356 | $23,411 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87537
Nearby schools
Schools provided by the listing agent
- Elementary: Hernandez
- Middle: Carlos F. Vigil Espanola Middle School
- High: Espanola Valley High
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




