20

Elephant Butte, NM Homes for Sale under $100,000

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  • 225 Mesa Grande Rd, Elephant Btte, NM 87935
    225 Mesa Grande Rd, Elephant Btte, NM 87935
    225 Mesa Grande Rd, Elephant Btte, NM 87935
    /6

    $75,000

    • Land
    • 19,166 Sq Ft
    • $170,455 per Acre

    225 Mesa Grande Rd, Elephant Btte, NM 87935

    Create the custom home you’ve always imagined on this 0.44-acre lot overlooking Hole 15 at Turtleback Mountain Golf and Resort. Surrounded by desert landscapes and tranquil views, this property offers the ideal setting for relaxation and outdoor adventure. Spend your days golfing, boating, fishing, or exploring everything the area has to offer year-round. With utilities nearby and plenty of space

    Agent Photo

    KELLIE THOMPSON

    Rio Mesa Realty

    (575) 418-2372

    225 Mesa Grande Rd, Elephant Btte, NM 87935
  • 000 Black Range St, Elephant Butte, NM 87935
    000 Black Range St, Elephant Butte, NM 87935
    /2

    $34,000

    • Land
    • 21,780 Sq Ft
    • $68,000 per Acre

    000 Black Range St, Elephant Butte, NM 87935

    Build your dream home or place a manufactured home on this spacious .50 acre lot in Elephant Butte area. With water, sewer, and electricity nearby this property offers a great opportunity for your future homesite or investment. Enjoy the beauty of southern New Mexico and the recreational lifestyle in Elephant Butte. Conveniently located with easy access to local amenities.

    Schabrina Montoya CRIPPLE CREEK REALTY, LLC

    000 Black Range St, Elephant Butte, NM 87935
  • LOT 793 Pinto Trail, Elephant Butte, NM 87935
    LOT 793 Pinto Trail, Elephant Butte, NM 87935
    /2

    $9,950

    $8K PRICE DROP
    • Land
    • 1.54 Acres
    • $6,461 per Acre

    LOT 793 Pinto Trail, Elephant Butte, NM 87935

    1.54 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    LOT 793 Pinto Trail, Elephant Butte, NM 87935
  • 100 Camino Encantado, Elephant Butte, NM 87935
    100 Camino Encantado, Elephant Butte, NM 87935
    100 Camino Encantado, Elephant Butte, NM 87935
    /16

    $80,000

    • 2 Beds
    • 1 Bath
    • 692 Sq Ft

    100 Camino Encantado, Elephant Butte, NM 87935

    This two bedroom one bathroom Lake Cabin sits on a corner lot right around the corner from the Sierra Del Rio Golf Course & the entrance to Elephant Butte State Park. The Home has a fenced in covered carport. The newer roof was installed in 2021, twelve solar panels installed in 2022 & four double pained windows installed in 2011. There is not back up batteries for the solar. This is the perfect

    John Lucero Realty One of New Mexico, LLC

    100 Camino Encantado, Elephant Butte, NM 87935
  • VL Rio Grande Cir, Elephant Butte, NM 87935
    VL Rio Grande Cir, Elephant Butte, NM 87935
    VL Rio Grande Cir, Elephant Butte, NM 87935
    /3

    $50,000

    • Land
    • 26,571 Sq Ft
    • $81,967 per Acre

    VL Rio Grande Cir, Elephant Butte, NM 87935

    Bring your dreams, your home plans and your lake toys. This lot awaits your dream home or your lake get away home.

    Donald Auge Coldwell Banker Legacy

    VL Rio Grande Cir, Elephant Butte, NM 87935
  • 206 San Mateo St, Elephant Butte, NM 87935
    206 San Mateo St, Elephant Butte, NM 87935
    206 San Mateo St, Elephant Butte, NM 87935
    /3

    $27,000

    $12K PRICE DROP
    • Land
    • 21,780 Sq Ft
    • $54,000 per Acre

    206 San Mateo St, Elephant Butte, NM 87935

    Build a home or place a manufactured home on this 0.50-acre lot in the Elephant Butte area. With water, sewer, and electricity available nearby, this property offers a great opportunity for your future homesite or investment. Conveniently located with easy access to local amenities.

    Schabrina Montoya CRIPPLE CREEK REALTY, LLC

    206 San Mateo St, Elephant Butte, NM 87935
  • 221 Camino Seis, Elephant Butte, NM 87935
    221 Camino Seis, Elephant Butte, NM 87935
    221 Camino Seis, Elephant Butte, NM 87935
    /15

    $89,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    221 Camino Seis, Elephant Butte, NM 87935

    This remodeled single-wide home has a cozy, inviting feel and room to enjoy the outdoors. The covered porch creates the perfect spot for morning coffee or evening sunsets, while the fully fenced property offers privacy or space for pets and a storage shed. This property backs directly to BLM land.

    Cheryl Shipley Rio Mesa Realty

    221 Camino Seis, Elephant Butte, NM 87935
  • 103 Jade Loop, Truth Or Consequences, NM 87935
    103 Jade Loop, Truth Or Consequences, NM 87935
    103 Jade Loop, Truth Or Consequences, NM 87935
    /7

    $59,000

    • Land
    • 12,196 Sq Ft
    • $210,714 per Acre

    103 Jade Loop, Truth Or Consequences, NM 87935

    Build your dream home. Utilities nearby. Ready for the next owner

    Liliana Hernandez Volare Realty Group LLC

    103 Jade Loop, Truth Or Consequences, NM 87935
  • 207 Black Range St, Elephant Butte, NM 87935
    207 Black Range St, Elephant Butte, NM 87935
    /2

    $34,000

    • Land
    • 21,780 Sq Ft
    • $68,000 per Acre

    207 Black Range St, Elephant Butte, NM 87935

    Build a home or place a manufactured home on this spacious 0.50-acre lot in the desirable Elephant Butte area. With water, sewer, and electricity available nearby, this property offers a great opportunity for your future homesite or investment. Enjoy the beauty of Southern New Mexico and the recreational lifestyle in Elephant Butte. Conveniently located with easy access to local amenities while

    Schabrina Montoya CRIPPLE CREEK REALTY, LLC

    207 Black Range St, Elephant Butte, NM 87935
  • 632 Mustang, Elephant Butte, NM 87935
    632 Mustang, Elephant Butte, NM 87935
    632 Mustang, Elephant Butte, NM 87935
    /23

    $35,000

    • Land
    • 2.6 Acres
    • $13,462 per Acre

    632 Mustang, Elephant Butte, NM 87935

    "2.6 acres of pristine desert land, overlooking Elephant Butte Lake with amazing mountain views on three sides. Pictures do no justice. Elevated build site, sheltered with privacy from the south and west sides owing to beautiful hilly terrain. Dirt road access to the lake within 1.5 miles (5 minute drive). Peninsula with great views. Warm climate at ~4600 feet (barely freezes). Many good wells

    Rachel Woodard HOMESTEADERS REALTY

    632 Mustang, Elephant Butte, NM 87935
  • 204 Superior Dr, Elephant Butte, NM 87935
    204 Superior Dr, Elephant Butte, NM 87935
    204 Superior Dr, Elephant Butte, NM 87935
    /13

    $33,000

    $1K PRICE DROP
    • Land
    • 27,878 Sq Ft
    • $51,562 per Acre

    204 Superior Dr, Elephant Butte, NM 87935

    .64 acre lot on paved road in Elephant Butte. Just minutes from Marina del Sur and Sierra Del Rio Golf course. Plenty of room for your home and all your lake toys.

    Rachel Woodard HOMESTEADERS REALTY

    204 Superior Dr, Elephant Butte, NM 87935
  • 207 Olympic St, Elephant Butte, NM 87935
    207 Olympic St, Elephant Butte, NM 87935
    /2

    $36,000

    • Land
    • 14,270 Sq Ft
    • $109,890 per Acre

    207 Olympic St, Elephant Butte, NM 87935

    Vacant lot utilities are near site. Easy access to the Lake

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    207 Olympic St, Elephant Butte, NM 87935
  • LOT 620 Greer Ln, Elephant Butte, NM 87935
    LOT 620 Greer Ln, Elephant Butte, NM 87935
    /2

    $9,950

    $8K PRICE DROP
    • Land
    • 3.37 Acres
    • $2,953 per Acre

    LOT 620 Greer Ln, Elephant Butte, NM 87935

    2.11 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    LOT 620 Greer Ln, Elephant Butte, NM 87935
  • 1003 Rock Canyon Rd, Elephant Butte, NM 87935
    1003 Rock Canyon Rd, Elephant Butte, NM 87935
    1003 Rock Canyon Rd, Elephant Butte, NM 87935
    /15

    $89,000

    • Land
    • 1.54 Acres
    • $57,792 per Acre

    1003 Rock Canyon Rd, Elephant Butte, NM 87935

    Perfect spot to build your dream home on this partially cleared corner lot. Sits on a corner lot off the main drag of Rock Canyon Road. Just minutes to Elephant Butte Lake. Utilities are all near by in the road. Septic needed.

    LaNeer Wrye CRIPPLE CREEK REALTY

    1003 Rock Canyon Rd, Elephant Butte, NM 87935
  • 23 McRea, Elephant Butte, NM 87935
    23 McRea, Elephant Butte, NM 87935
    23 McRea, Elephant Butte, NM 87935
    /3

    $25,000

    $10K PRICE DROP
    • Land
    • 1.07 Acres
    • $23,364 per Acre

    23 McRea, Elephant Butte, NM 87935

    Champagne Hills is a primo homesite for your dream home overlooking Elephant Butte Reservoir.

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    23 McRea, Elephant Butte, NM 87935
  • TBD Armendariz Rd, Elephant Butte, NM 87901
    TBD Armendariz Rd, Elephant Butte, NM 87901
    TBD Armendariz Rd, Elephant Butte, NM 87901
    /6

    $69,000

    • Land
    • 2.42 Acres
    • $28,548 per Acre

    TBD Armendariz Rd, Elephant Butte, NM 87901

    Perched above the landscape with commanding views of Elephant Butte Lake near the dam, this exceptional 2+ acre land offers a rare sense of privacy and prestige. With minimal neighboring properties, the setting feels expansive, peaceful, and truly exclusive—an ideal backdrop for a luxury custom residence or private retreat. The elevated vantage point captures panoramic lake, desert, and mountain

    Vanessa Woertink CRIPPLE CREEK REALTY, LLC

    TBD Armendariz Rd, Elephant Butte, NM 87901
  • 0 Tierra Verde Cir, Elephant Butte, NM 87935
    0 Tierra Verde Cir, Elephant Butte, NM 87935
    /2

    $89,000

    $6K PRICE DROP
    • Land
    • 14,374 Sq Ft
    • $269,697 per Acre

    0 Tierra Verde Cir, Elephant Butte, NM 87935

    Looking to build your dream home with the most amazing back drop? Look no further! This lot consists of .33 acre and is located in the desired Turtleback Mountain Resort. Surrounded by gorgeous homes, it also offers an amazing golf course, club house and so much more! Seller will consider a real estate contract. Call for details.

    Nicole Golino Nino Trujillo & Company, Inc.

    0 Tierra Verde Cir, Elephant Butte, NM 87935
  • 00 Warm Springs Blvd, Elephant Btte, NM 87935
    00 Warm Springs Blvd, Elephant Btte, NM 87935
    00 Warm Springs Blvd, Elephant Btte, NM 87935
    /7

    $69,000

    • Land
    • 29,185 Sq Ft
    • $102,985 per Acre

    00 Warm Springs Blvd, Elephant Btte, NM 87935

    Prime Commercial Corner Lot Opportunity in Elephant Butte, New Mexico! This highly visible corner lot is strategically located at the intersection of Espina Street and Warm Springs Boulevard, offering excellent exposure and easy access. This property presents an outstanding investment opportunity in a high-traffic tourist destination near Elephant Butte Lake. Ideal for retail, office, restaurant,

    Schabrina Montoya CRIPPLE CREEK REALTY, LLC

    00 Warm Springs Blvd, Elephant Btte, NM 87935
  • 406 Skyline Dr, Elephant Butte, NM 87935
    406 Skyline Dr, Elephant Butte, NM 87935
    /2

    $32,000

    • Land
    • 10,890 Sq Ft
    • $128,000 per Acre

    406 Skyline Dr, Elephant Butte, NM 87935

    Great location close to Elephant Butte Lake! Nice size lot ready to build.

    OMEGA GUZMAN Sea Properties Ltd

    406 Skyline Dr, Elephant Butte, NM 87935
  • 1003 Skyline Dr, Elephant Butte, NM 87935
    1003 Skyline Dr, Elephant Butte, NM 87935
    1003 Skyline Dr, Elephant Butte, NM 87935
    /3

    $33,900

    $4K PRICE DROP
    • Land
    • 21,344 Sq Ft
    • $69,184 per Acre

    1003 Skyline Dr, Elephant Butte, NM 87935

    GREAT LAKE LOT (.49 AC) IN ESTABLISHED NEIGHBORHOOD - PRIVATE AND STILL CLOSE TO ALL LAKE ACTIVITIES - NO UTILITIES ON SITE BUT AVAILABLE. PAVED ROAD - SELLER FINANCING POSSIBLE WITH TERMS ACCEPTABLE TO SELLER. BUILD YOUR DREAM HOME IN THIS GREAT LOCATION.

    Andrea Freeman DESERT LAKES REALTY

    1003 Skyline Dr, Elephant Butte, NM 87935
New Mexico Sierra County Elephant Butte

Real Estate & Homes in Elephant Butte, NM under $100,000

Home Prices in Elephant Butte, NM

The median home sale price in Elephant Butte, NM is $299,000, up 14% year-over-year. Homes in Elephant Butte sell in 102 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price
$299,000
Median Single Family Sale Price
$331,000
Median 2 Bedroom Sale Price
$249,500
Average Price Per Sq Ft
$193
Number of Homes for Sale
20
Last 12 months Home Sales
27
Months of Supply
8.90
Median List Price
$349,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
14%
How to Buy a Home How to Finance a Home How to Sell a Home

In Elephant Butte, there are currently 20 homes for sale priced under $100,000, providing budget-friendly options for prospective buyers. Whether you're in search of houses for sale under 100k or other property types, there are opportunities to discover your ideal home within your budget in Elephant Butte, NM. From cozy starter homes to properties awaiting your personal touch, these affordable residences offer an entry point into the housing market or an opportunity for real estate investment without stretching your finances.

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