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Investment - Homes for Sale in Las Cruces, NM

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  • /90

    $995,000

    $55K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 3,984 Sq Ft

    5657 Calle de Paradise, Las Cruces, NM 88011

    Perched atop a premier view lot in the gated community of La Tierra Escondida, this Southwest contemporary home offers 3,984 square feet of thoughtfully designed living space with panoramic views of the Organ and Franklin Mountains. The versatile floor plan features 3 bedrooms, a dedicated office, and a detached casita/flex room ideal for guests, hobbies, fitness, or multigenerational living.

    Agent Photo

    Michael Carpenter

    Prosper Real Estate

    5657 Calle de Paradise, Las Cruces, NM 88011
  • /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

    1140 Monte Vista Ave, Las Cruces, NM 88001
  • /25

    $169,700

    $3K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 880 Sq Ft

    475 Colorado Ave, Las Cruces, NM 88001

    Welcome to this beautifully updated 2-bedroom townhome in the heart of Las Cruces! Step inside to discover a freshly painted interior, efficient refrigerated air, and a surprisingly spacious living room made for relaxing or entertaining.The functional kitchen comes equipped with a range, refrigerator, dishwasher, and trash compactor. A stackable washer and dryer conveys with the home too! Step

    Agent Photo

    Valee Stahlberg

    EXP Realty LLC -Las Cruces

    475 Colorado 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

    9245 Rabbit Run Rd, Las Cruces, NM 88012
  • /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 3

    Agent Photo

    Mary Jane McNeil

    BHGRE Steinborn & Associates

    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

    9345 Rabbit Run Rd, Las Cruces, NM 88012
  • /21

    $145,000

    $5K PRICE DROP
    • Land
    • 1.65 Acres
    • $87,879 per Acre

    6664 Lazo Del Norte, Las Cruces, NM 88011

    1.65 Acre Homesite for Sale in Tierra Escondida | Las Cruces, NMBuild your dream home on this exceptional 1.65-acre homesite in the prestigious gated community of Tierra Escondida. Surrounded by custom built homes, this spacious lot offers breathtaking views with plenty of room to create the home you've always envisioned. Enjoy the beauty of this highly desirable neighborhood and its

    United Specialists United Country Real Estate

    6664 Lazo Del Norte, Las Cruces, NM 88011
  • /20

    $1,238,000

    • Land
    • 30.95 Acres
    • $40,000 per Acre

    3635 N Valley Dr, Las Cruces, NM 88007

    Discover 30.95 acres located in the beautiful valley of Las Cruces. Currently used as productive farmland for row crops, this property offers exceptional versatility and room for future growth. Situated directly off Hwy 185, it includes both underground and surface water rights (EBID), providing valuable resources for ongoing agricultural operations.Zoned D1L, this acreage presents an

    United Specialists United Country Real Estate

    3635 N Valley Dr, Las Cruces, NM 88007
  • /90

    $649,000

    $110K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,157 Sq Ft

    3815 Pantera Cir, Las Cruces, NM 88007

    Motivated sellers are ready to make a move and encourage buyers to bring their offer! Welcome to your Southwestern hacienda, with elevated panoramic views across the Rio Grande Valley to the Organ Mountains and city lights. Perched above a pecan orchard on 5.8 secluded acres, this fully furnished 3-bedroom, 2-bath retreat offers luxury and authentic New Mexico charm.Featuring two primary suites,

    Kaily Spensley United Country Salopek Realty

    3815 Pantera Cir, Las Cruces, NM 88007
  • /45

    $18,000,000

    • Land
    • 2,160 Acres
    • $8,333 per Acre

    0 Tbd Unit 26156239, Las Cruces, NM 88012

    Introduction Experience the tranquility of the Sierra de Las Uvas Mountains in an untouched oasis nestled within the stunning landscapes of the Organ Mountains-Desert Peaks National Monument. Spanning 2,160 acres of privately held land, this pristine sanctuary provides a rare opportunity to escape into nature's embrace while enjoying the convenience of being just a short drive from

    Beaverhead Group Beaverhead Ranch Group

    0 Tbd Unit 26156239, Las Cruces, NM 88012
  • /33

    $185,000

    $20K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,370 Sq Ft

    2329 E Idaho Ave, Las Cruces, NM 88001

    Welcome to this 4-bedroom, 1-bath home in the Bellamah neighborhood, featuring paid-off solar installed in 2024 and conveniently located near NMSU, shopping, restaurants, highways, and major roads. Whether you're a first-time buyer, downsizing, or expanding your investment portfolio, this home offers plenty of potential. Recent improvements include new flooring installed in 2023 and updated

    Angel Guevara Keller Williams Realty

    2329 E Idaho Ave, Las Cruces, NM 88001
  • /33

    $165,900

    $4K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,632 Sq Ft

    1345 Branson Ave Unit 1A, Las Cruces, NM 88001

    This well-maintained two-story townhouse presents an excellent investment opportunity in close proximity to New Mexico State University. The thoughtfully designed floor plan features three generously sized bedrooms on the upper level, including a primary suite with a three-quarter bathroom, while the two additional bedrooms share a full bath. All three bedrooms include portable AC units for added

    Joseph Arnone EXIT Realty Horizons

    1345 Branson Ave Unit 1A, Las Cruces, NM 88001
  • /33

    $235,000

    • 3 Beds
    • 2 Baths
    • 1,789 Sq Ft

    520 Lujan St, Las Cruces, NM 88001

    Move-in ready and full of potential! Whether you're a first-time buyer or looking to expand your investment portfolio. This charming home is the perfect place to create new memories and make it your own. The property offers an ideal blend of comfort, and practicality. This centrally located home features 3 bdrms,1.75 baths, including a spacious living room with FP, an inviting eating area, and a

    MONICA FARNELL RE/MAX Classic Realty

    520 Lujan St, Las Cruces, NM 88001
  • /12

    $100,000

    • Land
    • 11,325 Sq Ft
    • $384,615 per Acre

    969 Augustine Ave, Las Cruces, NM 88001

    Great Opportunity - Spacious Lot with Potential!Discover the possibilities with this generously sized lot located on a corner with easy access and visibility. The property features a fenced perimeter, utilities nearby, and existing structures that offer potential for storage, workshop use, or future improvements. The lot provides ample space for expansion, outdoor living, or investment

    Cecilia Hidalgo RE/MAX Classic Realty

    969 Augustine Ave, Las Cruces, NM 88001
  • /22

    $820,000

    201 Squirrel Rd, Las Cruces, NM 88007

    OWNER FINANCING AVAILABLE This well-established and productive 250-tree pecan orchard spans 9.52 acres and offers a unique opportunity to own an income-producing agricultural property. The property is supported by an irrigation well and includes a 2-bedroom, 1-bathroom home of approximately 910 square feet, along with a detached garage/workshop providing valuable storage and workspace. Recent

    Cali Lay BHGRE Steinborn & Associates

    201 Squirrel Rd, Las Cruces, NM 88007
  • /44

    $230,000

    • 3 Beds
    • 2 Baths
    • 1,127 Sq Ft

    2118 Sugar Pine Way, Las Cruces, NM 88012

    Welcome to this charming townhouse offering 1,127 sq. ft. of comfortable living space, featuring 3 bedrooms and 2 bathrooms. The home has new carpet throughout most of the living areas and includes a complete kitchen with refrigerator, dishwasher, and microwave oven, plus a washer and dryer for added convenience. Enjoy the peace of mind of a 1-year home warranty, along with a 1-car garage, gated

    Elias Elizaldez EXIT Realty Horizons

    2118 Sugar Pine Way, Las Cruces, NM 88012
  • /7

    $45,000

    • Land
    • 3,484 Sq Ft
    • $562,500 per Acre

    541 Juniper Ave, Las Cruces, NM 88001

    Small lot conveniently located near downtown, offering a great opportunity for an investment project, small home, or other development permitted by local regulations. The property includes historic adobe walls remaining from a previous structure, adding unique character and a connection to the site's history.Drain plumbing has been updated. Utilities are believed to be available at the street;

    Joshua Miller The Palms Realty

    541 Juniper Ave, Las Cruces, NM 88001
  • /50

    $295,000

    $30K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,864 Sq Ft

    5418 Strange Rd, Las Cruces, NM 88007

    Located in the valley, this unique property offers incredible potential on a spacious one-acre lot. Featuring two single-wide homes with separate utilities, this property provides flexibility for multi-generational living, rental income, or investment opportunities. The first home has been expanded and offers approximately 1,864 square feet with 2 bedrooms and 2 bathrooms. The second home

    Ron Bruder BHGRE Steinborn & Associates

    5418 Strange Rd, Las Cruces, NM 88007
  • /7

    $90,000

    • Land
    • 1 Acre
    • $90,000 per Acre

    7595 Millard Ave, Las Cruces, NM 88012

    Make this your canvas with endless possibilities with this spacious 1 acre lot with all utilities already set up! offering plenty of room to build your dream home you have envisioned all while enjoying the space and freedom of a larger parcel. Whether you're looking to build or ready for an investment opportunity, this parcel is worth a look. Make this acreage your own today!

    Azulema Peralta Volare Realty Group LLC

    7595 Millard Ave, Las Cruces, NM 88012
  • /23

    $189,000

    • Land
    • 33,105 Sq Ft
    • $248,684 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
  • /32

    $322,000

    $17K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 992 Sq Ft

    2138 Calle de San Albino, Las Cruces, NM 88001

    Live just steps from the Historic Mesilla Plaza in this beautifully renovated 2-bedroom, 1-bath home that blends classic charm with thoughtful modern updates. Whether you're looking for a full-time residence, second home, or investment property, this ready to enjoy home offers the lifestyle Old Mesilla is known for, with restaurants, boutiques, galleries, and year-round events just a short stroll

    Audrey Moreno Keller Williams Realty

    2138 Calle de San Albino, Las Cruces, NM 88001
  • /17

    $199,000

    • 5 Beds
    • 2 Baths
    • 1,644 Sq Ft

    2010 Garrison Rd, Las Cruces, NM 88001

    Attention to all investors and buyers, a prime opportunity just minutes away from NMSU, this spacious 5 bedroom, 1 3/4 bath home offers an excellent opportunity for investors, flippers or buyers looking to create a home that truly reflects their vision. Featuring a living room and separate family room with a fireplace, this property offers ample space for comfortable living, entertaining, and

    Toni Holguin Select Realty Group, LLC

    2010 Garrison Rd, Las Cruces, NM 88001
  • /37

    $439,900

    $30K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 3,010 Sq Ft

    3938 Agua Caliente Dr, Las Cruces, NM 88012

    Live your best life in this large 2 story home! Amazing views of the Organ Mountains from your back yard and private balcony. Your options are endless. Make this property your forever home. There is plenty of space for entertainment with a large living room and kitchen, front flex room and nice back yard. This property has it all. Live here yourself or buy as an investment. Investors looking for

    Jared English Congress Realty, Inc.

    3938 Agua Caliente Dr, Las Cruces, NM 88012
  • /24

    $399,900

    $20K PRICE DROP

    LOT 3 TBD Old River Rd, Las Cruces, NM 88005

    Nestled on 6.294 acres, this beautiful pecan orchard offers approximately 390 thriving pecan trees ranging from 4-9 years old, creating a rare opportunity for investment, farming, or a peaceful country lifestyle. The property features a well and a versatile 520 sq. ft. outbuilding ideal for storage, equipment, or workshop space. Enjoy breathtaking mountain views and the tranquility of wide-open

    David Coyle RE/MAX Classic Realty

    LOT 3 TBD Old River Rd, Las Cruces, NM 88005
  • /71

    $589,000

    $9K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,219 Sq Ft

    3125 Dona Ana Rd Unit 1, Las Cruces, NM 88007

    A rare opportunity to own nearly 12 acres in Dona Ana with the space, water resources, and improvements that are becoming increasingly difficult to find. This unique property offers a charming home, water rights, lush green lawns, mature shade trees, a detached workshop, animal barn, and turnouts, creating the ideal setup for horses, livestock, farming, or rural living. With ample room for

    Kaley Salopek United Country Salopek Realty

    3125 Dona Ana Rd Unit 1, Las Cruces, NM 88007
  • /17

    $212,000

    $18K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,518 Sq Ft

    5050 Churchill Ave, Las Cruces, NM 88011

    Located in the Hacienda Acres subdivision, this 3-bedroom, 2-bath brick home offers 1,518 square feet of living space on a spacious 0.53-acre lot with beautiful Organ Mountain views. Built in the 1970s, the home features timeless brick construction, a durable metal roof, and a detached two-car garage. The oversized lot provides plenty space for outdoor living, RV parking, gardening, or future

    Ronnie Gomez Real Broker LLC - Enchanted Sun

    5050 Churchill Ave, Las Cruces, NM 88011
  • /43

    $250,000

    • 3 Beds
    • 2 Baths
    • 1,665 Sq Ft

    3135 Executive Hills Rd, Las Cruces, NM 88011

    Charming Southwestern-style home in an established neighborhood! Located right in the middle of town! Near shopping, dining, schools, medical facilities & everyday amenities. Lots of possibilities! Would be a great investment or place to call your own. Lush landscaping in the backyard w/ a lap pool up top. Come and take a look before its too late!

    Cynthia Lopez Real Broker LLC - Agave Group

    3135 Executive Hills Rd, Las Cruces, NM 88011
  • /17

    $375,000

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

    Unlisted Address

    This incredible North Valley land opportunity includes three lots offered together at one amazing price. With spacious open areas and natural beauty across three subdivided tracts, this property offers endless potential for your dream home, future development, or investment. The property is zoned D2, providing additional flexibility for future use. The lot at 4850 Dona Ana Road includes a septic

    Ron Bruder BHGRE Steinborn & Associates

    Unlisted Address
  • /6

    $35,000

    • Land
    • 871 Sq Ft
    • $1,750,000 per Acre

    1036 N Manzanita St, Las Cruces, NM 88001

    Unique downtown Las Cruces vacant lot offering 1,052 SqFt of residential with great potential in a prime location near shopping, dining, and everyday conveniences. Opportunities like this are hard to find, making it ideal for a custom home or investment project. Drive by and see the potential for yourself

    Ernesto Uranga RE/MAX Classic Realty

    1036 N Manzanita St, Las Cruces, NM 88001
  • /28

    $210,000

    • 3 Beds
    • 1.5 Baths
    • 1,288 Sq Ft

    940 Calle Del Sol, Las Cruces, NM 88005

    If you are looking for your first home or your first investment property, this one is for you! This 3 bedroom home is centrally located to retail, business, restaurants, and highway access. Perfect for those busy days you need food or grocery delivery. Inside you have a galley kitchen with dining space, open living space for you and your guests. The back room is a great space for plants, hobbies

    Connie Campos EXIT Realty Horizons

    940 Calle Del Sol, Las Cruces, NM 88005
  • /11

    $110,000

    • Land
    • 61.9 Acres
    • $1,777 per Acre

    TBD Goat Hill Rd, Las Cruces, NM 88012

    61.9 acres of Southern New Mexico land bordering BLM, offering endless possibilities and stunning views of the Dona Ana and Organ Mountains. This expansive property is a blank canvas, ready for your dream home, recreational retreat, or future investment. Enjoy wide open desert landscapes, abundant wildlife, and direct access to public land for hiking, horseback riding, and outdoor recreation.

    Kaley Salopek United Country Salopek Realty

    TBD Goat Hill Rd, Las Cruces, NM 88012
  • /27

    $175,000

    • 3 Beds
    • 1 Bath
    • 972 Sq Ft

    815 Montana Ave, Las Cruces, NM 88001

    Welcome home to this charming, move in ready property priced to sell! Featuring a NEW refrigerated A/C unit, 3 bedrooms, and 1 full bathroom, this quaint home offers a cozy and comfortable feel throughout. The living area features a large window that brings in plenty of natural light and overlooks the front yard. The kitchen includes appliances, mint colored cabinetry, and white appliances that

    Leticia Rodriguez-Flores EXIT Realty Horizons

    815 Montana Ave, Las Cruces, NM 88001
  • /5

    $224,900

    $50K PRICE DROP
    • Land
    • 4.84 Acres
    • $46,467 per Acre

    8525 S Main St, Las Cruces, NM 88047

    Duplicate Listing of (MLS# 2602062)Great opportunity to own a versatile 4.84-acre property in the highly desirable Mesilla Valley. According to Elephant Butte Irrigation District (EBID) records, approximately 3.26 acres are irrigable, making this an excellent opportunity for farming, ranching, livestock, or building your dream rural homesite.Previously used to grow alfalfa, the property offers

    Erika Moya Patino Real Estate

    8525 S Main St, Las Cruces, NM 88047
  • /5

    $335,000

    • Land
    • 3.87 Acres
    • $86,563 per Acre

    TBD Del Rey Blvd, Las Cruces, NM 88012

    Prime Industrial Land with Exceptional VisibilityOutstanding industrial development opportunity in Las Cruces, New Mexico. This 3.87 acre property consists of two parcels and is zoned I2, offering flexibility for a wide range of uses. Featuring excellent interstate frontage and outstanding visibility, this property provides high traffic exposure, making it an ideal location for businesses looking

    Kaley Salopek United Country Salopek Realty

    TBD Del Rey Blvd, Las Cruces, NM 88012
  • /32

    $277,500

    $3K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,216 Sq Ft

    1509 San Andres Dr, Las Cruces, NM 88007

    Discover the charm and space of this North Valley Las Cruces home, situated on approximately half an acre. This spacious 3-bedroom, 2-bathroom residence offers 2,216 square feet of living space, providing plenty of room for comfortable living, entertaining, and everyday gatherings.The property features a classic brick exterior, an attached garage, and a generous lot with endless possibilities for

    Luis Quiterio Select Realty Group, LLC

    1509 San Andres Dr, Las Cruces, NM 88007
  • /5

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft

    7654 Grouse Run Dr, Las Cruces, NM 88012

    Investor opportunity on approxmiately 1 acre of land with an existing home in need of major repairs and renovation. Property offers plenty of space and potential for the right buyer looking for a renovation project, investment property, or future homesite. Home is being sold in its current condition. Buyer to perform all inspections and verify condition, utilities, zoning, and any intended use.

    Eli Berger Coldwell Banker Legacy Elite

    7654 Grouse Run Dr, Las Cruces, NM 88012
  • /14

    $110,000

    • Land
    • 10.8 Acres
    • $10,185 per Acre

    120 Camino Orilla, Las Cruces, NM 88007

    10.8 Acres of land with Mountain Views in Las Cruces, NMDiscover this beautiful 10.8 acre homesite on the desirable north side of Las Cruces, New Mexico. Offering breathtaking Organ Mountain and Mesilla Valley views, this spacious property provides the perfect setting for a custom home, horse property, ranch estate, or investment opportunity.Horses are allowed, giving you the flexibility to

    Kaley Salopek United Country Salopek Realty

    120 Camino Orilla, Las Cruces, NM 88007
  • /28

    $260,000

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,184 Sq Ft

    3733 Stoneway Rd, Las Cruces, NM 88012

    Move-in ready and beautifully updated, this 3-bedroom, 2-bath home offers comfort, style, and peace of mind with extensive recent improvements. Enjoy a brand-new roof, fresh stucco, energy-efficient Low-E 60 windows, and fresh interior paint. Inside, you'll find durable hard-surface flooring throughout with no carpet, creating a clean and modern look. The kitchen is equipped with new Whirlpool

    Jamie Edwards ERA Sellers & Buyers Real Estate

    3733 Stoneway Rd, Las Cruces, NM 88012
  • /7

    $135,000

    $10K PRICE DROP
    • Land
    • 42,253 Sq Ft
    • $139,175 per Acre

    2245 Turrentine Dr, Las Cruces, NM 88005

    Excellent investment opportunity directly across from NMSU. This 1-acre parcel has city approval for up to 8 units, making it ideal for a small apartment or multi-unit development in one of Las Cruces' most high-demand locations. Utilities are conveniently available at Turrentine.

    Thomas Fitzpatrick Berkshire Hathaway Homeservices - NM Properties

    2245 Turrentine Dr, Las Cruces, NM 88005
  • /5

    $575,500

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

    2220 Dakota Dr, Las Cruces, NM 88011

    Super nice duplex. Each unit is a 4 bedroom, 2 bath, 2 car garage home that comes with a stove, refrigerator, microwave, and more! Excellent investment, over $3,540 per month in income!

    Theresa Nelson Coldwell Banker Sudderth Nelson

    2220 Dakota Dr, Las Cruces, NM 88011

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$267,500
Median Single Family Sale Price
$415,000
Median Townhouse Sale Price
$297,000
Median 2 Bedroom Sale Price
$255,000
Median 1 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$207
Number of Homes for Sale
54
Last 12 months Home Sales
552
Months of Supply
5.20
Median List Price
$419,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-15%
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