507 S Lake Street
Carlsbad, NM 88220
2
Bed
1
Bath
870Sqft
7,500Sqft(Lot)
Cozy space bursting with potential! This compact home is the perfect opportunity for a first-time buyer or investor looking to start or expand their real estate portfolio. This property needs some cosmetic updates and a little TLC. The smaller footprint makes 'putting your own stamp on it' a lot more budget-friendly. The 2 outdoor buildings are welcomed extra space. Both have electricity and one has water that could provide additional living space. It could also be used for a private office or she/he shed. Grab your favorite realtor and take a look!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Basement: Crawl Space -
Flooring Information
Hardwood, Tile -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Range Hood, Free-Standing Range -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Electric, Central Air
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Building Information
Year Built: 1950 Building Area Total: 870 Construction Materials: Frame, Stucco Stories: 1 Private Pool: No
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Lot Information
Lot Dimensions: 50 x 150 Main Square Feet: 7500 Square Feet Lot Size Acres: 0.1722 Lot Size Square Feet: 7500
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Listing Price Information
Listing Price: $140000 Original Price: $159000 Cash, Conventional
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Tax Information
Parcel Number: 4157127049499 Tax Year: 2026 Annual Tax: $768 Tax Legal Desc: Subd: WOODARDS (AMEND) Lot: 7 Block: 173
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Parking Information
Parking Total: 1 Attached CarportGarage Information
Has Garage: Yes Garage Space: 1
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Utility Information
Electricity Connected, Sewer Connected -
Location Information
Direction: Drive west on Lea street. Take a right on Lake street, property is on the left WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 708 Ruby Court, Carlsbad, NM, 88220 | $465,500 | 4 | 3 | 2,266 | 2,266 SqFt |
| 1624 Pecos Highway, Carlsbad, NM, 88220 | $270,000 | 2 | 2 | 1,404 | 1,404 SqFt |
| 2516 Ferguson Road, Carlsbad, NM, 88220 | $1,750,000 | 4 | 3 | 3,600 | 3,600 SqFt |
| 2001 E Derrick Road, Carlsbad, NM, 88220 | $552,000 | 3 | 2 | 2,937 | 2,937 SqFt |
| 1509 Papershell Road, Carlsbad, NM, 88220 | $262,000 | 4 | 2 | 2,099 | 2,099 SqFt |
| 1503 Smedley Road, Carlsbad, NM, 88220 | $180,000 | 3 | 1 | 1,530 | 1,530 SqFt |
| 507 Oakwood Place, Carlsbad, NM, 88220 | $500,000 | 5 | 3 | 2,748 | 2,748 SqFt |
| 5404 Sioux Road, Carlsbad, NM, 88220 | $669,000 | 3 | 3 | 2,504 | 2,504 SqFt |
| 3711 S Sunnyview Avenue, Carlsbad, NM, 88220 | $435,000 | 3 | 2 | 2,062 | 2,062 SqFt |
| 1617 Muscatel Avenue, Carlsbad, NM, 88220 | $525,000 | 4 | 3 | 2,437 | 2,437 SqFt |
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Nearby For Sale
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 08/15/2026 @ 23:31
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