5

Elephant Butte, NM Homes under $500,000

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  • 123 Mesa Grande Rd, Elephant Butte, NM 87935
    123 Mesa Grande Rd, Elephant Butte, NM 87935
    123 Mesa Grande Rd, Elephant Butte, NM 87935
    /8

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,702 Sq Ft

    123 Mesa Grande Rd, Elephant Butte, NM 87935

    Discover the charm of Turtleback Mountain Golf & Resort, nestled in the heart of Elephant Butte, New Mexico. Just minutes from Elephant Butte Lake, this premier community offers unmatched access to world-class fishing, boating, and water recreation. The surrounding landscape is a playground for outdoor lovers, with scenic hiking trails, open desert beauty, and exceptional hunting opportunities

    Manny Patino Patino Real Estate

    123 Mesa Grande Rd, Elephant Butte, NM 87935
  • 105 Las Cruces, Elephant Butte, NM 87935
    105 Las Cruces, Elephant Butte, NM 87935
    105 Las Cruces, Elephant Butte, NM 87935
    /41

    $439,000

    • 3 Beds
    • 2.5 Baths
    • 1,571 Sq Ft

    105 Las Cruces, Elephant Butte, NM 87935

    Welcome to Turtleback Mountain Golf & Resort, one of the Southwest’s most scenic and exciting residential communities located in Elephant Butte, New Mexico, just minutes from Elephant Butte Lake, a world-class destination for fishing, boating, and watersports. Outdoor enthusiasts will find this area a paradise, with access to amazing hiking trails, scenic desert landscapes, and incredible hunting

    Manny Patino Patino Real Estate

    105 Las Cruces, Elephant Butte, NM 87935
  • 1 Country Club Blvd, Elephant Btte, NM 87935
    1 Country Club Blvd, Elephant Btte, NM 87935
    /2

    $443,904

    • Land
    • 0.23 Acre
    • $1,930,017 per Acre

    1 Country Club Blvd, Elephant Btte, NM 87935

    Great Investment opportunity.

    Helen Lyon Cripple Creek Realty, LLC

    1 Country Club Blvd, Elephant Btte, NM 87935
  • 107 Las Cruces, Elephant Butte, NM 87935
    107 Las Cruces, Elephant Butte, NM 87935
    107 Las Cruces, Elephant Butte, NM 87935
    /52

    $439,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,571 Sq Ft

    107 Las Cruces, Elephant Butte, NM 87935

    Looking for a lifestyle to relax--yet never get bored? Overlook the Turtleback Mountain Golf & Resort & soak in the desert wildlife & serenity that comes with living in a gated community in the suburbs of Elephant Butte. Elephant Butte Lake is only 5 minutes away offering all kinds of recreational activities & the Turtleback Mountain Golf & Resort course is right out your back door equipped with

    Abraham Cardenas EXIT REALTY HORIZONS

    107 Las Cruces, Elephant Butte, NM 87935
  • 201 Las Cruces, Elephant Butte, NM 87935
    201 Las Cruces, Elephant Butte, NM 87935
    201 Las Cruces, Elephant Butte, NM 87935
    /50

    $439,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,578 Sq Ft

    201 Las Cruces, Elephant Butte, NM 87935

    Looking for a lifestyle to relax--yet never get bored? Overlook the Turtleback Mountain Golf & Resort & soak in the desert wildlife & serenity that comes with living in a gated community in the suburbs of Elephant Butte. Elephant Butte Lake is only 5 minutes away offering all kinds of recreational activities & the Turtleback Mountain Golf & Resort course is right out your back door equipped with

    Abraham Cardenas EXIT REALTY HORIZONS

    201 Las Cruces, Elephant Butte, NM 87935
New Mexico Elephant Butte

Real Estate & Homes in Elephant Butte, NM under $500,000

Home Trends in Elephant Butte, NM

On average, homes in Elephant Butte, NM sell after 92 days on the market compared to the national average of 48 days. The median sale price for homes in Elephant Butte, NM over the last 12 months is $262,500, down 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$262,500
Median Single Family Sale Price
$334,000
Average Price Per Sq Ft
$197
Number of Homes for Sale
23
Last 12 months Home Sales
49
Months of Supply
5.60
Median List Price
$345,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%
How to Buy a Home How to Finance a Home How to Sell a Home

In Elephant Butte, you'll encounter a variety of homes and houses for sale priced under $500,000, providing affordable options for potential buyers. With 5 listings available, there's a wide selection to explore, from charming bungalows to contemporary townhouses. These properties offer an opportunity to enter the real estate market or diversify your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Elephant Butte, NM and find the perfect fit for your homeownership goals.

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