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Investment - Homes for Sale in Las Cruces, NM

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  • /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

    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

    (575) 418-2237

    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) 579-6682

    9345 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) 825-3154

    9245 Rabbit Run Rd, Las Cruces, NM 88012
  • /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 Salopek Realty

    3635 N Valley Dr, Las Cruces, NM 88007
  • /16

    $9,500,000

    • Land
    • 42.13 Acres
    • $225,493 per Acre

    711 Alamosa Ave, Las Cruces, NM 88005

    Investment and Development Opportunity in Doña Ana County, NMThis prime commercial land presents a rare opportunity for investors and developers to establish a landmark project in a highly sought-after area. Boasting a strategic location, breathtaking views, and close proximity to essential amenities, this property is perfectly suited for a wide range of commercial or multi-family

    Jeb Brantner United Country Real Estate

    711 Alamosa Ave, Las Cruces, NM 88005
  • /50

    $925,000

    • 3 Beds
    • 2.5 Baths
    • 4,603 Sq Ft

    2561 Mesilla Hills Dr, Las Cruces, NM 88005

    Home for Sale on 5 Acres in Southern New MexicoExperience luxury living on 5 acres with breathtaking views of the Organ Mountains in this custom-built home. This impressive 4,603 sq ft residence features 4 bedrooms, 2.5 bathrooms, and a 3-car garage, offering ample space for both everyday living and entertaining. From the moment you enter, soaring vaulted tongue-and-groove ceilings, a

    Jeb Brantner United Country Real Estate

    2561 Mesilla Hills Dr, Las Cruces, NM 88005
  • /37

    $459,900

    • 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
  • /17

    $222,000

    • 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
  • /44

    $360,000

    • 3 Beds
    • 1 Bath
    • 2,248 Sq Ft

    2720 Calle Tercera, Las Cruces, NM 88005

    Historic Home in the Heart of Old MesillaOwn a piece of history in the charming village of Old Mesilla. This three-bedroom, one-bath historic home offers a rare opportunity to create your dream residence or invest in a truly unique property.Nestled in a community rich with centuries of history, this home is within walking distance to local shops, wineries, and restaurants, allowing you to fully

    Penelope Santiago Select Realty Group, LLC

    2720 Calle Tercera, Las Cruces, NM 88005
  • /89

    $389,999

    • 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
  • /42

    $249,900

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

    306 S San Pedro St, Las Cruces, NM 88001

    DUPLEX! Great investment potential! Live in one and use the other to offset rent! Two charming homes in the original Mesquite Historic District offer a rare opportunity minutes from Downtown, the Farmers Market, Branigan Library, and City Hall. 306 San Pedro is now vacant but was rented for $1,125 and tenant maintained yard. This unit features 1,050 sq ft with 1 bedroom, 1 bath, bonus room, and

    Jake Mossman Keller Williams Realty

    306 S San Pedro St, Las Cruces, NM 88001
  • /26

    $130,000

    • 2 Beds
    • 1 Bath
    • 1,006 Sq Ft

    990 Brownlee Ave, Las Cruces, NM 88005

    Opportunity awaits for the investor or buyer ready to bring new life to a property with great potential. This home is ready for updates and improvements, making it an ideal project for those looking to build equity and add value.The property features a classic pitched roof, a detached garage, and an additional carport for flexible parking and storage options. The yard is fenced, offering defined

    Crystal Mccaslin BHGRE Steinborn & Associates

    990 Brownlee Ave, Las Cruces, NM 88005
  • /5

    $575,000

    • 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
  • /33

    $169,900

    • 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
  • /17

    $200,000

    • Land
    • 4 Acres
    • $50,000 per Acre

    Lot 31A Webb Rd, Las Cruces, NM 88012

    Development is moving in. Position yourself ahead of it with this 4-acre tract on Webb Rd off Del Rey Blvd, surrounded by active residential development in Dona Ana County. Commanding views of the Organ Mountains, Dona Ana Mountains, and Picacho Peak frame a parcel with real flexibility: build a custom homesite, hold for investment, or explore subdivision potential subject to approvals. Utilities

    Allison Kuper Smith EXP Realty LLC -Las Cruces

    Lot 31A Webb Rd, Las Cruces, NM 88012
  • /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
  • /50

    $325,000

    • 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
  • /23

    $199,000

    • Land
    • 33,105 Sq Ft
    • $261,842 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
  • /35

    $312,000

    • 3 Beds
    • 2.5 Baths
    • 1,657 Sq Ft

    4361 Malaga St, Las Cruces, NM 88011

    Welcome to this inviting 3-bed, 2.5-bath townhome in The Pueblos at Alameda Ranch of Sonoma Ranch, Las Cruces, New Mexico. Featuring an open floor plan ideal for everyday living and entertaining, this property showcases a spacious primary bedroom with spa-style bath, scenic views, granite countertops, a walled backyard, and an oversized 2-car garage. The home's pristine condition and thoughtful

    Ronna Carnathan United Country Salopek Realty

    4361 Malaga St, Las Cruces, NM 88011
  • /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 Salopek Realty

    5954 Peachtree Hills Rd, Las Cruces, NM 88012
  • /7

    $400,000

    • Land
    • 9.76 Acres
    • $40,984 per Acre

    0000 Dia Y Noche Slate Ave, Las Cruces, NM 88011

    Rare opportunity to own 9.76 acres in the desirable Highway 70 area of Las Cruces. This expansive vacant lot offers breathtaking mountain views and endless possibilities for your custom home, investment, or future development.Enjoy peaceful desert surroundings with established homes nearby while still offering wide-open space. The property offers access from two different streets, providing added

    Brian Salazar Patino Real Estate

    0000 Dia Y Noche Slate Ave, Las Cruces, NM 88011
  • /40

    $149,500

    • 3 Beds
    • 2.5 Baths
    • 1,144 Sq Ft

    9480 Rigel St, Las Cruces, NM 88012

    Welcome Home! This 3 bed, 1-3/4 bath, plus bonus room, manufactured home is calling your name! Great for investment or a place to call Home! Its sits on a huge half an acre of Prime New Mexico land!! All kitchen appliances and washer and dryer convey with the sale. Has a huge storage and 1 car garage on the side. Close to schools, shopping etc. Has great features like refrigerated air for those

    Alex Uranga Realty One Group Mendez Burk

    9480 Rigel St, Las Cruces, NM 88012
  • /54

    $185,000

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

    4111 Elks Dr, Las Cruces, NM 88007

    Is there a 4-bed home in Las Cruces with a permanent foundation under $225K? Yes: 4111 Elks Drive is well maintained, well located, and move-in ready.Located in the Elks Drive area of Las Cruces, this well-maintained 4-bedroom, 2-bath double-wide manufactured home offers 1,560 square feet of interior space on a 9,637 sq ft corner lot. The home is built on a permanent foundation in a residential

    Tania Alday EXP Realty LLC -Las Cruces

    4111 Elks Dr, Las Cruces, NM 88007
  • /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
  • /17

    $180,000

    • Land
    • 5.3 Acres
    • $33,962 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. 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 ventures. Plus, enjoy stunning views that add to the appeal of this versatile property.

    Kaley Salopek United Country Salopek Realty

    TBD Bataan Memorial W, Las Cruces, NM 88012
  • /9

    $50,000

    • Land
    • 3,484 Sq Ft
    • $625,000 per Acre

    1127 Chitamacha Rd, Las Cruces, NM 88007

    Available lots in Pueblo Mesa Village Subdivision just minutes from downtown Las Cruces. Conveniently located near shopping, medical facilities, and entertainment. These parcels offer an excellent opportunity for investment or future development in a growing area.

    Tobe Turpen BHGRE Steinborn & Associates

    1127 Chitamacha Rd, Las Cruces, NM 88007
  • /5

    $294,000

    • 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
  • /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
  • /20

    $200,000

    • Land
    • 4 Acres
    • $50,000 per Acre

    Lot 32A Webb Rd, Las Cruces, NM 88012

    Development is moving in. Position yourself ahead of it with this 4-acre tract on Webb Rd off Del Rey Blvd, surrounded by active residential development in Dona Ana County. Commanding views of the Organ Mountains, Dona Ana Mountains, and Picacho Peak frame a parcel with real flexibility: build a custom homesite, hold for investment, or explore subdivision potential subject to approvals. Utilities

    Allison Kuper Smith EXP Realty LLC -Las Cruces

    Lot 32A Webb Rd, Las Cruces, NM 88012
  • /10

    $88,000

    • Land
    • 6,534 Sq Ft
    • $586,667 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
  • /6

    $125,000

    • Land
    • 21,780 Sq Ft
    • $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
  • /6

    $156,000

    • 2 Beds
    • 1 Bath
    • 1,208 Sq Ft

    1209 W Hall Ave, Las Cruces, NM 88005

    This home is nestled in a well established neighborhood in the heart of Las Cruces. This home offers convenience as it is close to schools, parks, shopping, and dining. The backyard offers plenty of space for outdoor enjoyment or gardening. Whether you are looking to downsize, or a first-time home buyer, or looking for an investment property, this home is full of potential! Won't last long...

    Melissa Robinson Cripple Creek Realty, LLC

    1209 W Hall Ave, Las Cruces, NM 88005
  • /7

    $140,000

    • Land
    • 42,253 Sq Ft
    • $144,330 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
  • /88

    $800,000

    • 10 Beds
    • 5 Baths

    Unlisted Address

    Investment opportunity! This unique property offers 5 income-producing units across 2.71 acres, ideal for anyone seeking a steady revenue stream. The property features a mix of dwellings including a duplex (each side 2 bed, 1 bath, 1,233 sq ft) with open floor plans, kitchen appliances, washer and dryer, patio, and backyard porch. Additional residences include a spacious 3-bedroom double wide

    Leticia Rodriguez-Flores EXIT Realty Horizons

    Unlisted Address
  • /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
  • /21

    $165,000

    • 2 Beds
    • 1.5 Baths
    • 986 Sq Ft

    1238 S Triviz Dr, Las Cruces, NM 88001

    Charming 2 bedroom, 1.5 bathroom two story townhome located near NMSU in Las Cruces, NM. This 986 sq ft home features a functional floor plan with comfortable living and dining areas. Recently updated with a new HVAC system with refrigerated air for year round comfort. The kitchen offers a practical layout with easy access to the main living space. Both bedrooms are located upstairs along with a

    Michael Haynes Keller Williams Realty

    1238 S Triviz Dr, Las Cruces, NM 88001
  • /7

    $69,000

    • Land
    • 22,651 Sq Ft
    • $132,692 per Acre

    9403 Orion St, Las Cruces, NM 88012

    Build your dream home, investment property, or private getaway on this exceptional parcel featuring paved road access and utilities already on site for added convenience and value. The property includes two existing concrete pads, offering a head start for future construction, RV setup, workshops, or additional structures. Enjoy the flexibility and potential this land provides with easy

    David Shortridge Ridges & Associates

    9403 Orion St, Las Cruces, NM 88012
  • /8

    $72,000

    • Land
    • 32,234 Sq Ft
    • $97,297 per Acre

    2890 Glass Rd, Las Cruces, NM 88005

    Unlock the potential at 2890 Glass Road. This .74-acre lot offers a great opportunity for future development for your ideal home with plenty of room to grow. Make an investment today and bring your vision to life.

    Alma Banuelos Keller Williams Realty

    2890 Glass Rd, Las Cruces, NM 88005
  • /11

    $135,000

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft

    2208 E Idaho Ave, Las Cruces, NM 88001

    This three bedroom, one bathroom home features a functional layout on just under 1/4 acre lot. The property provides ample outdoor space and is situated near local amenities and primary transit routes. It is offered for sale as-is, presenting an opportunity for renovation and investment,

    Matthew Arguello Real Broker LLC - Main Office

    2208 E Idaho Ave, Las Cruces, NM 88001

Showing Results 1 - 40, Page 1 of 2

Home Trends in Las Cruces, NM

Housing Trends

Median Sale Price
$285,000
Median Single Family Sale Price
$417,250
Median Townhouse Sale Price
$195,000
Median 2 Bedroom Sale Price
$189,000
Median 1 Bedroom Sale Price
$162,000
Average Price Per Sq Ft
$205
Number of Homes for Sale
207
Last 12 months Home Sales
522
Months of Supply
4.80
Median List Price
$402,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-30%
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