Buying a home in Elephant Butte, New Mexico does not have to be difficult - Homes.com makes home buying a breeze. With 223 homes for sale in Elephant Butte, New Mexico, you can search by price, bedrooms, neighborhood, and even by property type. Search Elephant Butte homes for sale, foreclosures, MLS listings, and more. Make an informed decision with Elephant Butte school data, neighborhood information, find Elephant Butte real estate agents, and research home values in Elephant Butte, NM. Homes.com has everything you need but the house keys.