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Investment - Homes for Sale in Las Cruces, NM

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  • /33

    $349,000

    • 2 Beds
    • 1.5 Baths
    • 1,638 Sq Ft

    606 N Mesquite St, Las Cruces, NM 88001

    Experience the charm of the Historic Mesquite District in this beautifully preserved adobe home offering both warmth and versatility. Thick adobe walls, exposed wood vigas, hardwood flooring, and classic Southwestern character. Solar panels, wired security cameras, and thoughtful updates add efficiency and peace of mind. Positioned on a corner lot, this property provides true mixed-use potential,

    Agent Photo

    Nathaniel May

    EXIT Realty Horizons

    (575) 400-5336

    606 N Mesquite St, Las Cruces, NM 88001
  • /17

    $50,000

    • Land
    • 5 Acres
    • $10,000 per Acre

    9357 Rabbit Run Rd, Las Cruces, NM 88012

    If you've been searching for the perfect blend of wide-open space, natural beauty, and stunning mountain views. Nestled in a peaceful and location, this land offers the freedom to create the lifestyle you've always wanted whether that's building your custom home, setting up a stylish manufactured home, or simply enjoying a slice of untouched desert paradise.Cross-reference: This listing is 1 of

    Agent Photo

    Mary Jane McNeil

    BHGRE Steinborn & Associates

    (575) 552-8935

    9357 Rabbit Run Rd, Las Cruces, NM 88012
  • /17

    $50,000

    • Land
    • 5 Acres
    • $10,000 per Acre

    9345 Rabbit Run Rd, Las Cruces, NM 88012

    If you've been searching for the perfect blend of wide-open space, natural beauty, and stunning mountain views. Nestled in a peaceful and location, this land offers the freedom to create the lifestyle you've always wanted -- whether that's building your custom home, setting up a stylish manufactured home, or simply enjoying a slice of untouched desert paradise.Cross-reference: This listing is 1

    Agent Photo

    Mary Jane McNeil

    BHGRE Steinborn & Associates

    (575) 256-3602

    9345 Rabbit Run Rd, Las Cruces, NM 88012
  • /9

    $1,900,000

    • 40 Beds
    • 20 Baths
    • 675 Sq Ft

    1140 Monte Vista Ave, Las Cruces, NM 88001

    INVESTMENT OPPORTUNITY!!!

    Agent Photo

    Veronica Lindley

    VNL Realty LLC

    (575) 342-9796

    1140 Monte Vista Ave, Las Cruces, NM 88001
  • /17

    $50,000

    • Land
    • 5 Acres
    • $10,000 per Acre

    9245 Rabbit Run Rd, Las Cruces, NM 88012

    If you've been searching for the perfect blend of wide-open space, natural beauty, and stunning mountain views. Nestled in a peaceful and location, this land offers the freedom to create the lifestyle you've always wanted whether that's building your custom home, setting up a stylish manufactured home, or simply enjoying a slice of untouched desert paradise.Cross-reference: This listing is 1 of 3

    Agent Photo

    Mary Jane McNeil

    BHGRE Steinborn & Associates

    (575) 483-1056

    9245 Rabbit Run Rd, Las Cruces, NM 88012
  • /46

    $646,000

    • 2 Beds
    • 2.5 Baths
    • 2,276 Sq Ft

    1622 Calle de Valezquez, Las Cruces, NM 88007

    Absolutely fabulous home in Picacho Hills on a corner lot. Anyone would love to call this home - whether you have a mother-in-law or a college student or just want 2 extra large bedrooms with baths or for entertaining: 3-car garage, beautiful patio and nice upgrades throughout. If you are looking for an investment with income potential-THIS IS IT! Exceptional crafts-manship w/2 x 6 construction,

    Joan Jody Hooper The Hooper Power Team Real Estate LLC

    1622 Calle de Valezquez, Las Cruces, NM 88007
  • /18

    $1,238,000

    3635 N Valley Dr, Las Cruces, NM 88007

    30.95 acres located in the beautiful valley of Las Cruces. Currently utilized as productive farmland for row crops, this property offers versatility and growth potential. Situated directly off Hwy 185, it includes both underground and surface water rights (EBID).Zoned D1L, this acreage presents an excellent investment opportunity for agriculture, development, or long-term holding.

    Kaley Salopek United Country Real Estate Salopek Realty

    3635 N Valley Dr, Las Cruces, NM 88007
  • /14

    $35,000

    • Land
    • 5 Acres
    • $7,000 per Acre

    5750 Dusty Prints Rd, Las Cruces, NM 88007

    Take in stunning panoramic views of the Organ Mountains and Picacho Peak from this expansive 5-acre parcel in Las Cruces. Perfect for building your custom home or holding as an investment, this property offers wide-open space, peaceful desert scenery, and endless possibilities to create your ideal getaway. Electric is nearby; well, septic, and propane would be required. Enjoy the serenity of

    Connor Murray EXIT Realty Horizons

    5750 Dusty Prints Rd, Las Cruces, NM 88007
  • /8

    $60,000

    • Land
    • 1.91 Acres
    • $31,414 per Acre

    0000 County Road D-065, Las Cruces, NM 88012

    🏞️ Scenic SettingWake up every day to breathtaking views:🌄 Dona Ana Peak & Chihuahuan Desert Nature Park -- your backdrop for morning walks, trail adventures, and wide-open sunsets.🏔️ Majestic Organ Mountains -- framed perfectly on the horizon, offering one of the most iconic views in all of southern New Mexico.🐎 Lifestyle & Land UseBring your horses

    Alfonso Garcia The Palms Realty

    0000 County Road D-065, Las Cruces, NM 88012
  • /9

    $190,000

    3305 Oak St, Las Cruces, NM 88005

    Looking for an investment opportunity? Look no further! This duplex has plenty of character and a lot to offer the right buyer. Both units are separately metered, which means you can rent them out individually ideal for investors or someone looking to live in one unit and rent out the other. Conveniently located near the university, restaurants, and everyday essentials, this property won't last

    Jose Cha Real Broker LLC - Agave Group

    3305 Oak St, Las Cruces, NM 88005
  • /5

    $600,000

    • 8 Beds
    • 4 Baths
    • 3,671 Sq Ft

    2220 Dakota Dr, Las Cruces, NM 88011

    Great investment opportunity. This 3671 square foot duplex has two units. Each has four bedrooms, two bathrooms and a garage. Located in the Sonoma Ranch area, close to shopping schools and hospitals. Don't miss this exciting chance to purchase this property. Call today.

    Shawn Scott Prosper Real Estate

    2220 Dakota Dr, Las Cruces, NM 88011
  • /15

    $64,000

    • Land
    • 1.25 Acres
    • $51,200 per Acre

    6970 Gopher Rd, Las Cruces, NM 88012

    Remarkable opportunity on Gopher Road. 4 separately plotted lots each approximately 1.25 acres. These parcels offer an array of possibilities. Envision a site built home or a manufactured home, tailored to your unique preferences. With utilities easily accessible. Don't let this chance slip away to create your dream home or jump-start an investment venture. Perfect location for just off Hwy-70,

    Tobe Turpen BHGRE Steinborn & Associates

    6970 Gopher Rd, Las Cruces, NM 88012
  • /20

    $125,000

    • 2 Beds
    • 1 Bath
    • 1,024 Sq Ft

    240 N Martinez St, Las Cruces, NM 88001

    Great Investment Opportunity! Centrally located, Close to Schools, Restaurants, Minutes from downtown functions, and shopping. A great blank canvas on the inside for your renovation visions to come alive.

    Janelle Arzabal-Monje Volare Realty Group LLC

    240 N Martinez St, Las Cruces, NM 88001
  • /23

    $289,000

    • Land
    • 0.76 Acre
    • $380,263 per Acre

    TBD El Paseo Rd, Las Cruces, NM 88001

    Commercial Land for Sale - Prime Location!Take advantage of this incredible opportunity to own 0.76 acres of commercial land in a high-traffic area! Perfectly situated near popular stores, restaurants, and other businesses, this property offers exceptional visibility and accessibility. Its prime location makes it ideal for a variety of business opportunities -- retail, office space, restaurant,

    Libna Camarena Volare Realty Group LLC

    TBD El Paseo Rd, Las Cruces, NM 88001
  • /15

    $64,000

    • Land
    • 1.25 Acres
    • $51,200 per Acre

    6976 Gopher Rd, Las Cruces, NM 88012

    Remarkable opportunity on Gopher Road. 4 separately plotted lots each approximately 1.25 acres. These parcels offer an array of possibilities. Envision a site built home or a manufactured home, tailored to your unique preferences. With utilities easily accessible. Don't let this chance slip away to create your dream home or jump-start an investment venture. Perfect location for just off Hwy-70,

    Tobe Turpen BHGRE Steinborn & Associates

    6976 Gopher Rd, Las Cruces, NM 88012
  • /5

    $125,000

    • 2 Beds
    • 1 Bath
    • 801 Sq Ft

    625 S Esperanza St, Las Cruces, NM 88001

    Located in the center of town, this 801 sq ft home offers great potential with a little TLC. It features a large backyard. With the right updates, this property could be a great investment!

    Noemi Candela RE/MAX Classic Realty

    625 S Esperanza St, Las Cruces, NM 88001
  • /17

    $189,000

    • Land
    • 5.3 Acres
    • $35,660 per Acre

    TBD Bataan Memorial W, Las Cruces, NM 88012

    5.3 Acres of Prime Industrial LandDiscover an exceptional opportunity with this 5.3-acre parcel zoned I1 Industrial, offering excellent development and commercial potential. Ideally located just off a major highway interchange, this property boasts high visibility and easy access. Positioned near the NASA hub, it provides a strategic location for various industrial or commercial ventures. Plus,

    Kaley Salopek United Country Real Estate Salopek Realty

    TBD Bataan Memorial W, Las Cruces, NM 88012
  • /29

    $230,000

    1145 N Main St, Las Cruces, NM 88001

    Don't miss this incredible investment opportunity! This triplex features three well-maintained 1-bedroom, 1-bathroom units, each offering comfortable living space and steady rental potential. Situated on a generously sized lot, the property also includes a detached garage--perfect for storage or added income possibilities. Whether you're looking to start or expand your real estate portfolio, this

    Quayde Bradford Keller Williams Realty

    1145 N Main St, Las Cruces, NM 88001
  • /5

    $285,000

    • Land
    • 9.56 Acres
    • $29,812 per Acre

    5954 Peachtree Hills Rd, Las Cruces, NM 88012

    Address to be determined. Owner Financing available 9.56. Ideal for Development, Investment, or Building your dream home. Direct access from Peachtree Hills rd. Easy access to Hwy 70. Utilities are at the street.

    Veronica Galvan United Country Real Estate Salopek Realty

    5954 Peachtree Hills Rd, Las Cruces, NM 88012
  • /72

    $160,000 Pre-Foreclosure

    • 3 Beds
    • 3 Baths
    • 1,284 Sq Ft

    1940 Desert Wind Way, Las Cruces, NM 88012

    Great investment opportunity with RV access and horses allowed on over an acre lot with views of the valley and mountains!Calling all investors! RV access! Bring your horses if you wish! This home sits on a huge 1.18 acre lot. Views of the valley and mountains. Peaceful country style setting. Ground-set double-wide mobile home with attached 2 car garage. 3 bedrooms total with an addition that

    Christopher Wood EXIT Realty Horizons

    1940 Desert Wind Way, Las Cruces, NM 88012
  • /2

    $298,800

    • 4 Beds
    • 2.5 Baths
    • 2,598 Sq Ft

    1500 Juniper Ave, Las Cruces, NM 88001

    NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. Take a drive by this Four bedroom, two and a half bath home and see if it may be your next investment. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. Offered at $362,500.

    Dana Rowell Realhome Services & Solutions

    1500 Juniper Ave, Las Cruces, NM 88001
  • /49

    $330,000

    • 4 Beds
    • 2 Baths
    • 2,318 Sq Ft

    420 El Molino Blvd, Las Cruces, NM 88005

    Solar-Powered Duplex Near Downtown Las Cruces.Conveniently located near the Farmers Market, restaurants, nightlife, and more, this solar-powered duplex is a great investment opportunity or would make a nice multi-generational living situation. The main unit features 3 bedrooms, 1.5 bathrooms, stainless steel kitchen appliances (all convey), hardwood and tile flooring, and access to a spacious,

    Jeffrey Stevens Berkshire Hathaway Homeservices - NM Properties

    420 El Molino Blvd, Las Cruces, NM 88005
  • /11

    $590,760

    • Land
    • 21.88 Acres
    • $27,000 per Acre

    10000 Mesa Grande Dr, Las Cruces, NM 88012

    Owner financing available!! 21.88 acres perfect for future development. Located on the future of Mesa Grande road as it expands north. This land is a prime location for the future of Las Cruces. Great investment opportunity.

    Marci Dickerson BHGRE Steinborn & Associates

    10000 Mesa Grande Dr, Las Cruces, NM 88012
  • /9

    $35,000

    • Land
    • 5 Acres
    • $7,000 per Acre

    5600 Dusty Prints Rd, Las Cruces, NM 88007

    Take in stunning panoramic views of the Organ Mountains and Picacho Peak from this expansive 5-acre parcel in Las Cruces. Perfect for building your custom home or holding as an investment, this property offers wide-open space, peaceful desert scenery, and endless possibilities to create your ideal getaway. Electric is nearby; well, septic, and propane would be required. Enjoy the serenity of

    Connor Murray EXIT Realty Horizons

    5600 Dusty Prints Rd, Las Cruces, NM 88007
  • /68

    $179,000

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    4501 Northgate Rd, Las Cruces, NM 88012

    Well-maintained permanently set mobile home with a deactivated title, offering convenient access and versatile land use. Situated on a full 1-acre lot, this property provides ample space for multiple purposes. Easy access to Highway 70 makes commuting and travel convenient. A great opportunity for residential living, investment, or future expansion.

    Libna Camarena Volare Realty Group LLC

    4501 Northgate Rd, Las Cruces, NM 88012
  • /8

    $57,500

    • Land
    • 1 Acre
    • $57,500 per Acre

    7616 Kings Rd, Las Cruces, NM 88012

    Looking for a place to build without breaking the bank? This 1-acre parcel offers a great opportunity for a custom home, manufactured home, or investment project. With plenty of space for a house, shop, garden, or animals, there's room to create the setup that works best for you. Whether you're a builder, investor, or buyer looking for affordable land, this property offers flexibility and

    Monica Escamilla Keller Williams Realty

    7616 Kings Rd, Las Cruces, NM 88012
  • /18

    $1,550,000

    820 Mormon Place, Las Cruces, NM 88011

    Excellent Business Opportunity!This investment property features 12 well-maintained condominiums, each offering 2 bedrooms and 1.5 bathrooms, providing the perfect living space. The property includes ample parking for residents and guests, adding comfort and convenience.Located in a high-demand area, the community sits just minutes from the mall, supermarkets, and popular shopping destinations.

    Libna Camarena Volare Realty Group LLC

    820 Mormon Place, Las Cruces, NM 88011
  • /5

    $299,000

    • 3 Beds
    • 2.5 Baths
    • 1,634 Sq Ft

    4341 Capistrano Ave, Las Cruces, NM 88011

    This attractive townhome is located in the Sonoma Ranch area. With 3 bedrooms, 2.5 baths and 1634 square feet, it has plenty of room. Located near medical facilities, emergency services and shopping. The open floorplan and granite counter make the interior something to see. Don't miss this potential investment opportunity. Call today.

    Shawn Scott Prosper Real Estate

    4341 Capistrano Ave, Las Cruces, NM 88011
  • /14

    $244,000

    • 3 Beds
    • 2 Baths
    • 1,145 Sq Ft

    1128 Chitamacha Rd, Las Cruces, NM 88007

    New Construction Alert! Welcome to affordable living at its finest in Las Cruces, NM -- a modern 3-bedroom, 2-bath home with a 1-car garage perfectly located near grocery stores, parks, shopping centers, and the heart of Las Cruces! Step inside to an openconcept layout with a bright living area filled with natural light. The sleek kitchen boasts granite countertops, stainless steel appliances,

    Richard Flores The Palms Realty

    1128 Chitamacha Rd, Las Cruces, NM 88007
  • /24

    $750,000

    • 5 Beds
    • 3.5 Baths
    • 3,514 Sq Ft

    5679 Good News Way, Las Cruces, NM 88007

    Welcome to this magnificent remodeled home offering breathtaking views of Picacho Peak and the city of Las Cruces. Boasting 3,514 square feet of living space, this property features 5 bedrooms, 4 bathrooms, and 2 flex rooms for added versatility.Step inside to discover a newly renovated kitchen with modern cabinetry, natural stone quartzite countertops, and an elegant marble backsplash,

    Veronica Galvan United Country Real Estate Salopek Realty

    5679 Good News Way, Las Cruces, NM 88007
  • /43

    $298,000

    • 4 Beds
    • 2 Baths
    • 1,722 Sq Ft

    3838 Santa Sophia Rd, Las Cruces, NM 88012

    Excellent investment opportunity in the Metro Verde/Sonoma Ranch area. This turnkey property, built in 2021, features 4 bedrooms and 1.75 baths, requiring no renovations. The home is ready for immediate occupancy.The modern layout includes durable, wood-look tile flooring throughout (no carpet). The single-story design and low-maintenance landscaping are appealing features. A 2-car garage with an

    Cecilia Ramos Infinity Real Estate of Las Cruces

    3838 Santa Sophia Rd, Las Cruces, NM 88012
  • /10

    $93,000

    • Land
    • 0.15 Acre
    • $620,000 per Acre

    1306 Baudin Place, Las Cruces, NM 88007

    You don't want to miss the opportunity to purchase the ideal lot in desirable Picacho Hills area. This is a great site to build your custom home or an investment property for passive income. Located in a well-established neighborhood. The property offers Organ Mountain View's and is conveniently located near the golf course and country club. No HOA and utilities accessible!!

    Christina Melendrez EXIT Realty Horizons

    1306 Baudin Place, Las Cruces, NM 88007
  • /5

    $59,000

    • Land
    • 0.17 Acre
    • $347,059 per Acre

    1825 Elder St, Las Cruces, NM 88001

    A vacant lot in the city? Wow -- you've just discovered a rare gem! This parcel is located within the Infill Development Overlay District, and manufactured home installation is permitted. Be sure to consult with the City of Las Cruces as you explore the exciting possibilities this property offers. Lot dimensions are 51.55' X 144.34'. You're now one step closer to building your dream home or next

    Lorena Torres Real Broker LLC - Agave Group

    1825 Elder St, Las Cruces, NM 88001
  • /8

    $399,000

    • 3 Beds
    • 2.5 Baths
    • 2,540 Sq Ft

    4303 Capistrano Ave, Las Cruces, NM 88011

    Great investment property in the Sonoma Ranch area. This 3-bedroom townhome has 2.5 baths, an office/flex room and boasts 2540 square feet of living space. The great room's open design offers plenty of space to enjoy. The property is conveniently located near shopping, a hospital and emergency services. Don't miss this opportunity. Call today.

    Shawn Scott Prosper Real Estate

    4303 Capistrano Ave, Las Cruces, NM 88011
  • /6

    $125,000

    • Land
    • 0.5 Acre
    • $250,000 per Acre

    900 Lake Tahoe Ct, Las Cruces, NM 88007

    Great commercial lot consist of .5 acres +-. Lot is located with frontage on Motel Blvd. right next to county complex. Access is off of Lake Tahoe Court directly east of new dispatch center. You won't want to miss investment opportunity. Great location! This property address is temporary and not valid for obtaining services.

    Crystal Mccaslin BHGRE Steinborn & Associates

    900 Lake Tahoe Ct, Las Cruces, NM 88007
  • /15

    $90,000

    • Land
    • 1.26 Acres
    • $71,429 per Acre

    9455 Luna Vista Rd, Las Cruces, NM 88012

    This 1.26 acre lot has stunning views of the majestic Organ Mountains, providing a captivating backdrop for your dream home or investment. The lot is generously sized, offering ample space for a variety of purposes, such as constructing a residence, or bringing in your mobile home. The combination of the breathtaking views, availability of electricity, and community water make this 1.26 acre lot

    Jesus Aragon Vera EXIT Realty Horizons

    9455 Luna Vista Rd, Las Cruces, NM 88012
  • /89

    $399,000

    • 4 Beds
    • 2.5 Baths
    • 3,190 Sq Ft

    2414 El Dorado Ct, Las Cruces, NM 88011

    Welcome to The Greens -- a sought-after neighborhood, known for its lush surroundings, quiet streets, and inviting community pool. This spacious 3,573 sq. ft. home offers an incredible opportunity to make your mark in a fantastic location close to the university, hospital, and local conveniences.Featuring 4 bedrooms and 2.5 bathrooms, this home provides room to grow with a lush, mature yard and a

    Jennifer Elflein Mesilla Valley Property Group

    2414 El Dorado Ct, Las Cruces, NM 88011
  • /12

    $99,900

    • 3 Beds
    • 1,400 Sq Ft

    642 Pinon St, Las Cruces, NM 88001

    This Downtown gem is ready for a fresh start! A great investment opportunity with majority of the legwork already completed! It will be necessary to view this property in person so come take a look and see the incredible potential this home has to offer! *Home will be sold As-Is*

    Fabian Vigil Ridges & Associates

    642 Pinon St, Las Cruces, NM 88001
  • /25

    $194,500

    • 2 Beds
    • 2 Baths
    • 1,114 Sq Ft

    1504 Andrews Dr, Las Cruces, NM 88001

    Great investment opportunity! Very clean and well-maintained 2-bedroom, 2-bathroom townhome, conveniently located in south central Las Cruces, close to shopping, NMSU, and more! Efficient floorplan. Plenty of natural light. Wood-burning fireplace. Evaporative cooling. Spacious 1-car garage. A great rental opportunity!

    Steve Barrett Steve Barrett Real Estate, Inc

    1504 Andrews Dr, Las Cruces, NM 88001
  • /25

    $1,345,000

    • 20 Beds
    • 20 Baths
    • 7,920 Sq Ft

    1630 Wyoming Ave, Las Cruces, NM 88001

    Located just blocks from NMSU, this fully renovated 10-unit apartment complex, comprised of 2 bedroom 2 bath units with walk in closet. Offering modern appeal and dependable rental performance. On the interior of the units, the kitchens, appliances, bathrooms, and flooring have been updated with contemporary finishes, while the exterior offers clean curb appeal with new paint, new windows,

    Jeremiah Lay Steinborn/TCN Commercial RE

    1630 Wyoming Ave, Las Cruces, NM 88001

Showing Results 1 - 40, Page 1 of 2

Home Trends in Las Cruces, NM

Housing Trends

Median Sale Price
$284,990
Median Single Family Sale Price
$398,950
Median Townhouse Sale Price
$199,500
Median 2 Bedroom Sale Price
$189,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
155
Last 12 months Home Sales
532
Months of Supply
3.50
Median List Price
$394,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-30%
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