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Investment - Homes for Sale in Las Cruces, NM

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  • /57

    $214,900

    • 2 Beds
    • 1 Bath
    • 1,204 Sq Ft

    4004 Elks Dr, Las Cruces, NM 88005

    Welcome to 4004 Elks Dr. a delightful 1,204 sq ft 2 bedrooms (with an easy conversion back to a third bed), and 1 full bath. Thoughtfully refreshed and move-in ready, this home features a new roof (2023), fresh interior and exterior paint, a beautifully updated kitchen with granite countertops and new faucets, and a fully renovated bathroom. Ceiling fans and new light fixtures

    Agent Photo

    Abraham Cardenas

    EXIT Realty Horizons

    (575) 254-4257

    4004 Elks Dr, Las Cruces, NM 88005
  • /35

    $195,000

    • 3 Beds
    • 1 Bath
    • 1,780 Sq Ft

    1025 Mechem Ave, Las Cruces, NM 88005

    Discover a spacious and functional 3-bedroom, 1-bath home offering 1,708 sq ft of living space at an affordable price point. This property features two living rooms and a formal dining area, providing flexible options for gathering and everyday living. The kitchen includes all appliances (not warranted) and opens to a cozy family room with access to an enclosed sunroom. A passthrough room with

    Agent Photo

    Patty Olson

    EXIT Realty Horizons

    (575) 500-7611

    1025 Mechem Ave, Las Cruces, NM 88005
  • /77

    $209,000

    • 2 Beds
    • 2 Baths
    • 1,088 Sq Ft

    3650 Morning Star Dr Unit 308, Las Cruces, NM 88011

    Live your best life while building equity.Home ownership doesn't have to feel like a chore. Time to enjoy resort style living w/access to premium amenities at Casitas at Morningstar Condominiums. Waiting just for you w/BRAND NEW CARPET is an upstairs 'move-in ready' unit w/an open living /dining area that separates 2 bedrooms. One bedroom has an ensuite w/garden tub, separate shower & sliding

    Agent Photo

    Abraham Cardenas

    EXIT Realty Horizons

    (575) 517-3249

    3650 Morning Star Dr Unit 308, Las Cruces, NM 88011
  • /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

    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
  • /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
  • /35

    $249,000

    • 3 Beds
    • 2 Baths
    • 1,108 Sq Ft

    5213 Navajo Trail, Las Cruces, NM 88012

    This home has been updated from top to bottom, making it an exceptional opportunity for first-time buyers or those seeking a low-maintenance investment property. With everything recently redone, it's just like new. Bright and open floor plan. Enjoy peace of mind with updated (since 2022) a brand-new roof, garage door, evaporative cooler, and fresh paint (both interior and exterior). Plus, a newly

    Agent Photo

    Karen Altamirano

    BHGRE Steinborn & Associates

    (575) 254-3916

    5213 Navajo Trail, Las Cruces, NM 88012
  • /10

    $105,000

    • Land
    • 1.29 Acres
    • $81,395 per Acre

    3505 Lost Ln, Las Cruces, NM 88007

    Discover the potential of just over an acre of scenic, vacant land, offering a opportunity to create your own haven or just holding onto it for a future investment. This land is nestled in the peaceful Dona Ana valley and offers beautiful views.

    Agent Photo

    Raul Tellez

    Select Realty Group, LLC

    (575) 570-8877

    3505 Lost Ln, Las Cruces, NM 88007
  • /46

    $682,000

    • 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

    Joan Jody Hooper The Hooper Power Team Real Estate LLC

    1622 Calle de Valezquez, Las Cruces, NM 88007
  • /21

    $200,000

    • 4 Beds
    • 1 Bath
    • 2,000 Sq Ft

    1525 N Solano Dr, Las Cruces, NM 88001

    This freshly updated 4-bedroom, 1-bathroom home offers both residential comfort and commercial opportunity. Situated on a business street, this property can serve as either a private residence or a commercial building--perfect for those seeking visibility and convenience.Recent upgrades include new paint, tile flooring, interior doors, a modern kitchen, and a fully remodeled bathroom. The

    Linda Duran Select Realty Group, LLC

    1525 N Solano Dr, Las Cruces, NM 88001
  • /38

    $265,000

    • 3 Beds
    • 2 Baths
    • 1,762 Sq Ft

    1965 E Mulberry Ave, Las Cruces, NM 88001

    Completely Remodeled Gem in the Heart of Las Cruces!Welcome to 1965 E Mulberry, a beautifully renovated home that blends modern comfort with timeless charm. This spacious property features brand new appliances, refrigerated air, and fresh neutral finishes throughout, creating a warm and inviting space ready for your personal touch.With two generous living areas and a converted garage offering

    Tiffany Saunders EXP Realty LLC -Las Cruces

    1965 E Mulberry Ave, Las Cruces, NM 88001
  • /27

    $209,500

    • 3 Beds
    • 2 Baths
    • 1,349 Sq Ft

    1641 Stull Dr, Las Cruces, NM 88001

    Great 3 Bedroom home close to everything. 2 Car Garage with additional off street parking. The entire property is fenced. The backyard has a shed and a covered patio. The entire home is tiled, no worry about carpets. A spacious laundry and pantry located right off the kitchen / Dining Area has build in closets. This is a great starter or investment home. Must see to appreciate. Furniture are AI

    Angela Potter Trust-Properties

    1641 Stull Dr, Las Cruces, NM 88001
  • /18

    $205,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    1609 Stull Dr, Las Cruces, NM 88001

    Welcome to this well-maintained 3 bedroom 1 bath home perfect for first-time buyers, small families or investors. The recently renovated bathroom brings a modern touch, while tile flooring throughout ensures durability and easy maintenance.The master bedroom includes new recessed lighting, creating a warm and inviting retreat. The layout offers comfort and functionality, with ample space in each

    Janessa Lujan RE/MAX Classic Realty

    1609 Stull Dr, Las Cruces, NM 88001
  • /41

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,714 Sq Ft

    1980 E Mulberry Ave, Las Cruces, NM 88001

    Welcome to 1980 E. Mulberry Avenue. This home offers both the comfort and convenience of being centrally located. A spacious 3 bedroom, 2 bathroom home with a flex room ideal for a home office, gym, or game room with a new brand new mini split unit. Enjoy the shade and seasonal harvest from 4 mature pecan trees in your own back yard. It also includes a secure and convenient parking for your RV,

    Naomi Estes RE/MAX Classic Realty

    1980 E Mulberry Ave, Las Cruces, NM 88001
  • /11

    $115,000

    • Land
    • 10.03 Acres
    • $11,466 per Acre

    1895 Eclipse Rd, Las Cruces, NM 88012

    Ready to create your own piece of paradise? These two 5-acre parcels, sold together as 10 acres, offer endless possibilities for your dream home or investment. Enjoy panoramic views of the Dona Ana, Robledo, and Picacho Peak mountains in a serene desert setting, just minutes from the city. Hiking trails surround the area, horses and 4H animals are welcome. Community water and El Paso Electric are

    Adan Macias Select Realty Group, LLC

    1895 Eclipse Rd, Las Cruces, NM 88012
  • /20

    $145,000

    • 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
  • /33

    $115,000

    • 2 Beds
    • 1 Bath
    • 970 Sq Ft

    645 E Chestnut Ave, Las Cruces, NM 88001

    Investment Opportunity in Downtown Las CrucesDistressed property looking for a glow up. Come and Check it out Today!

    Tori Rivera Home Pros Real Estate Group New Mexico

    645 E Chestnut Ave, Las Cruces, NM 88001
  • /7

    $100,000

    • Land
    • 0.14 Acre
    • $714,286 per Acre

    Unlisted Address

    Prime Vacant Land in Desirable Residential & Commercial Area This versatile vacant lot offers a unique opportunity to build in a highly sought-after area with both residential and commercial potential. Located in a growing community, the property provides easy access to major roads, amenities, and a variety of nearby businesses. Whether you're looking to develop a residential property, start a

    Linda Duran Select Realty Group, LLC

    Unlisted Address
  • /8

    $79,000

    • Land
    • 1.91 Acres
    • $41,361 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
  • /21

    $110,000

    • Land
    • 0.23 Acre
    • $478,261 per Acre

    4541 Mesa Monte Dr, Las Cruces, NM 88011

    Welcome to your future slice of opportunity in the Mesa Grande Subdivision! This spacious 0.230-acre vacant lot is ready and waiting for your vision--whether you're dreaming of building your perfect home or making a smart investment. You'll love the convenient location, just minutes from schools, shopping, dining, and with quick access to Highway 70. Take a drive by today and imagine the

    Christa Wilson Keller Williams Realty

    4541 Mesa Monte Dr, Las Cruces, NM 88011
  • /36

    $289,000

    • 2 Beds
    • 2 Baths
    • 1,590 Sq Ft

    2915 Majestic Terrace Dr, Las Cruces, NM 88011

    Rustic Charm Meets Modern Luxury.Discover this one-of-a-kind townhome that was FULLY REMODELED. Located in the heart of Las Cruces. Inspired by old-world European design, this remodeled gem blends timeless craftsmanship with sleek, contemporary comfort.Inside, you'll find thick stone accents, exposed wood beams, and custom finishes that give the space a warm and inviting feel. The open living

    Cynthia Lopez Real Broker LLC - Agave Group

    2915 Majestic Terrace Dr, Las Cruces, NM 88011
  • /49

    $360,000

    • 4 Beds
    • 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
  • /12

    $110,000

    • 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
  • /80

    $239,000

    • 3 Beds
    • 3 Baths

    1140 S Mesquite St, Las Cruces, NM 88001

    Rare investment opportunity in the heart of Las Cruces! Located just minutes from NMSU, shopping centers, schools, and major thoroughfares, this fully occupied triplex is the perfect blend of current cash flow and future potential. The property features two units in a great duplex layout, along with a detached, character-filled A-frame apartment--all with long-term renters in place, generating

    Lisa Rivera EXIT Realty Horizons

    1140 S Mesquite St, Las Cruces, NM 88001
  • /12

    $57,500

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

    7620 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

    7620 Kings 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
  • /19

    $375,000

    • Land
    • 2.46 Acres
    • $152,439 per Acre

    4840 Dona Ana Rd, Las Cruces, NM 88007

    This amazing land deal in the North Valley includes three lots available at one incredible price. Enjoy a perfect blend of spacious open areas and natural beauty across these three subdivided tracts. This property presents a unique opportunity to build your dream home and is also an excellent investment. The lot at 4850 Dona Ana Road comes with a septic system and an irrigation well, while 4840

    Ron Bruder BHGRE Steinborn & Associates

    4840 Dona Ana Rd, Las Cruces, NM 88007
  • /29

    $240,000

    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

    $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
  • /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
  • /6

    $285,000

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

    5954 Peachtree Hills Rd, Las Cruces, NM 88012

    9.56 Acres Owner Financing Avaliable. 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
  • /20

    $299,000

    • 2 Beds
    • 2 Baths
    • 1,560 Sq Ft

    409 Palm Ave, Las Cruces, NM 88001

    Located on a dead-end street in the heart of Las Cruces, this modern container home duplex is a great investment or a home with an income producing property. Can also be purchased with the neighboring duplex to super size your investment! Both units are studios with great floor plans to give added privacy to the bedroom area, they have full baths and kitchens which are incredibly sought after in

    Padma Valdevit Rethink Real Estate, LLC

    409 Palm Ave, Las Cruces, NM 88001
  • /31

    $269,000

    • 2 Beds
    • 2 Baths
    • 960 Sq Ft

    405 Palm Ave, Las Cruces, NM 88001

    Incredible investment in the heart of Downtown Las Cruces with this container duplex with a modern and unique feeling that guests are clamoring for in an Airbnb or vacation rental home. Floor plans vary and there are no traditional bedrooms, but the studio style is well thought out and very well sought after with guests rebooking regularly. Live in one and rent the other for income or run a

    Padma Valdevit Rethink Real Estate, LLC

    405 Palm Ave, Las Cruces, NM 88001
  • /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
  • /49

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,574 Sq Ft

    4022 Bravia Dove Loop, Las Cruces, NM 88001

    Welcome to 4022 Bravia Dove Loop, a beautifully maintained single-family home within the heart of Las Cruces, NM. Built in 2010, this 1,574 sq ft residence offers 3 bedrooms and 2 bathrooms, situated on a spacious 7,496 sq ft lot. The home features granite countertops throughout, adding a touch of elegance to both the kitchen and bathrooms. The property includes RV access, providing added

    Jesus Aragon Vera EXIT Realty Horizons

    4022 Bravia Dove Loop, Las Cruces, NM 88001
  • /49

    $199,900

    • 2 Beds
    • 2 Baths
    • 1,084 Sq Ft

    3901 Sonoma Springs Ave Unit 704, Las Cruces, NM 88011

    Beautiful 2BR/2BA First-Floor Condominium with Patio & Resort-Style Amenities!Welcome to easy living in this well-maintained 2-bedroom, 2-bathroom condo offering 1,084 sq ft of comfortable space. Located on the first floor, this charming unit features a mix of carpet and tile flooring, plus a spacious gated outdoor patio--perfect for relaxing or entertaining.Enjoy peace of mind with a designated

    Dennean Dyer BHGRE Steinborn & Associates

    3901 Sonoma Springs Ave Unit 704, Las Cruces, NM 88011
  • /6

    $350,000

    • 4 Beds
    • 3 Baths
    • 1,772 Sq Ft

    TBD California Ave, Las Cruces, NM 88001

    Brand New Duplex - Prime Investment OpportunityNow available: New construction duplex designed with the investor in mind. Each unit offers 2 bedrooms and a clean, modern layout.The interiors feature durable ceramic tile throughout, reducing wear and tear and making ongoing maintenance simple and cost-effective. Kitchens are outfitted with granite countertops and stainless steel appliances,

    Quayde Bradford Keller Williams Realty

    TBD California Ave, Las Cruces, NM 88001
  • /36

    $300,000

    4943 Del Rey Blvd, Las Cruces, NM 88012

    Welcome to an exceptional investment opportunity! This charming and tranquil mobile home park is now available for sale, offering a unique chance to own a well-established community that harmoniously blends comfort, convenience, and natural desert landscaping. With a strong and consistent rental history, this mobile home park represents an excellent investment opportunity. The well-established 6

    Crystal Mccaslin BHGRE Steinborn & Associates

    4943 Del Rey Blvd, Las Cruces, NM 88012
  • /5

    $130,000

    • 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
  • /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

Showing Results 1 - 40, Page 1 of 2

Home Trends in Las Cruces, NM

Housing Trends

Median Sale Price
$315,000
Median Single Family Sale Price
$407,950
Median Townhouse Sale Price
$235,750
Median 2 Bedroom Sale Price
$217,450
Average Price Per Sq Ft
$190
Number of Homes for Sale
190
Last 12 months Home Sales
539
Months of Supply
4.20
Median List Price
$402,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%
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