1,699

Homes for Sale in New Mexico - Investment

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  • /28

    $1,100,000

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

    13 miles Nm Hwy 193 SE, Raton, NM 87740

    Situated east of Raton and surrounded by a private ranch, this expansive 958-acre property has a long history of cattle operations, traditionally supporting up to 100 head of summer cattle, and has recently been used for both cattle and horses. The ranch was originally homesteaded in the early 1900s and features a 2-bedroom, 1-bath main house currently occupied by a caretaker. The home was

    STACIE EWING American West Ranches, Homes, & Land LLC

    13 miles Nm Hwy 193 SE, Raton, NM 87740
  • /6

    $25,000

    • Land
    • 5.06 Acres
    • $4,941 per Acre

    19 Coyote Trail, Datil, NM 87821

    5.06 Acres – Off-Grid Land Near Sugarloaf Mountain, NM Discover the peace and freedom of off-grid living on this 5.06-acre vacant lot in the scenic Sugarloaf Mountain region of New Mexico. Located near the Gila National Forest, this property offers access to hiking, camping, and wildlife watching in one of the Southwest’s most beautiful areas. The land features mostly level terrain, making it

    Jennifer Lee Catron County Realty

    19 Coyote Trail, Datil, NM 87821
  • /32

    $399,000

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

    128 W High St Unit 6, Red River, NM 87558

    Turn-key mountain getaway and proven income producer in the heart of Red River w/no HOAs! This adorable 2-bedroom, 2.5-bath townhome is an already successful short-term rental perfectly located within walking distance to shopping, dining, skiing, and all the charm Red River has to offer. Beautifully decorated with cozy bear and mountain-themed décor, the home captures the warm, rustic feel

    Cimarron Dugas M Realty

    128 W High St Unit 6, Red River, NM 87558
  • /2

    $20,000

    • Land
    • 10 Acres
    • $2,000 per Acre

    LOT 50 La Tinaja Trail, Pinehill, NM 87357

    Discover wide-open space and limitless potential with this secluded 10-acre parcel of raw land located just minutes from Pine Hill, New Mexico and near the Candy Kitchen area. Tucked away for privacy and tranquility, this property offers the perfect setting for those seeking solitude, off-grid living, recreation, or a long-term land investment. One of the standout features is the potential to

    Geoffrey Bia Exp Realty, LLC

    LOT 50 La Tinaja Trail, Pinehill, NM 87357
  • /5

    $35,000

    • Land
    • 10 Acres
    • $3,500 per Acre

    0 Off Powers Way (N36) Rd SW Unit 1020363, Albuquerque, NM 87121

    Best use is medium to long-term investment.

    Stephanie Granfors Granfors Realty,LLC

    0 Off Powers Way (N36) Rd SW Unit 1020363, Albuquerque, NM 87121
  • /7

    $5,800

    • Land
    • 24,829 Sq Ft
    • $10,175 per Acre

    3812 Black Juniper Ct NE, Rio Rancho, NM 87144

    Close to city center and CNM. Great lot for build or investment. Views!

    Kathy A Petit Southwest Realty

    3812 Black Juniper Ct NE, Rio Rancho, NM 87144
  • /7

    $105,000

    • Land
    • 40.13 Acres
    • $2,616 per Acre

    40 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549

    Priced approximately 75 percent below appraisal (available in MLS supplements), seller is motivated and will consider owner financing. Located approximately five minutes from the world renowned Ojo Caliente Mineral Springs Resort and Spa, this 40 acre parcel offers privacy, expansive views, and a peaceful Northern New Mexico setting. The property borders public lands associated with Carson

    Adrienne Harvitz Real Broker LLC

    40 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549
  • /15

    $99,500

    • 3 Beds
    • 2 Baths
    • 1,056 Sq Ft

    1009 Gila St, Clovis, NM 88101

    Affordable Opportunity Under $100,000! Whether you’re a first-time homebuyer, investor, or looking to expand your rental portfolio, this charming 3-bedroom home is full of potential and value. Offering comfortable living spaces and an affordable price point, this property is the perfect place to start your homeownership journey or add a solid investment to your portfolio. With three bedrooms,

    ANETTE DIXON Better Homes & Gardens Real Estate Experience

    1009 Gila St, Clovis, NM 88101
  • /2

    $12,000

    $3K PRICE DROP
    • Land
    • 3,275 Sq Ft
    • $159,574 per Acre

    TBD S Tatum Addition, Tatum, NM 88213

    Please stop by and take a look at this listing located in the South Addition in Tatum. There are a total of three lots available, offering a great opportunity for development or investment.

    Sandra Ortega UNITED REALTY, LLC - HOBBS

    TBD S Tatum Addition, Tatum, NM 88213
  • /13

    $16,000

    • Land
    • 1.18 Acres
    • $13,559 per Acre

    105 Hondo Rd NW, Albuquerque, NM 87124

    Great investment opportunity in a growing rural residential area. Good View of the Sandia Mountain. 1.18 Acre lot in Rio Rancho near Rainbow and Sandia.

    John Fernandez Berkshire Hathaway NM Prop

    105 Hondo Rd NW, Albuquerque, NM 87124
  • /43

    $275,900

    $49K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 820 Sq Ft

    48 Rincon Rd, Guadalupita, NM 87722

    Freedom, Privacy & Room to Grow - Bring your mountain toys! This 7.8-acre property in Guadalupita offers minimal restrictions, allowing manufactured homes, horses, RVs, trailers, camping, and additional cabins or outbuildings. You'll love this area within the Sierra Bonita Rincon community. The 2020 manufactured home sits on a certified XI-II permanent foundation and features 2 bedrooms, 2 full

    Megan Pantella EXP REALTY, LLC

    48 Rincon Rd, Guadalupita, NM 87722
  • /3

    $17,500

    • Land
    • 10 Acres
    • $1,750 per Acre

    Lot 4B W Mora Dr Unit 2, Rio Communities, NM 87002

    Discover the opportunity to own 10 acres in the Tierra Grande subdivision of Valencia County. This mostly level parcel offers expansive views, wide-open skies, and ample space for a future homesite, recreational retreat, agricultural use, or long-term investment. Enjoy the beauty and tranquility of rural New Mexico while remaining within convenient driving distance of Rio Communities, Belen, and

    Michael Jefferson Realty One of New Mexico

    Lot 4B W Mora Dr Unit 2, Rio Communities, NM 87002
  • /13

    $285,000

    • 4 Beds
    • 2 Baths
    • 1,980 Sq Ft

    520 Kentucky St SE, Albuquerque, NM 87108

    FULL OCCUPANCY and GREAT income producing property in SE Albuquerque. 2 very spacious units that have offstreet parking, an attached storage unit and tile flooring. Wonderful Investment with tenants that have a month to month lease.

    Bonita Ulibarri Bonita Ulibarri Realty LLC

    520 Kentucky St SE, Albuquerque, NM 87108
  • /87

    $750,000

    • 2,336 Sq Ft

    7424 Dulce Rd, Carlsbad, NM 88220

    Multi-family investment opportunity on a fully fenced 1-acre property offering income potential and room to grow. The property is tucked away in a peaceful area south of town and features a 4 bed, 2 bath manufactured home fully furnished with a deck that leads to an enclosed hot tub room. Two detached fully furnished units (built in 2024) each 850 sq ft, 2 bed, 1 bath that are currently active

    TAYLOR COY CENTURY 21 DUNAGAN ASSOCIATES

    7424 Dulce Rd, Carlsbad, NM 88220
  • /20

    $164,500

    • Land
    • 24,829 Sq Ft
    • $288,596 per Acre

    2 Vinton Lot #2 Rd, Vinton, TX 79821

    **Prime Commercial Lots Available!** Don't miss this fantastic opportunity to secure a prime location for your business! These two adjacent commercial lots, each just over 1/2 acre, are situated on a busy main street, offering excellent visibility and easy access from both Vinton Ave and the back street. Lots can be sold separately, making this a flexible investment for your needs. Whether you're

    Mayela Aldana Home Pros Real Estate Group

    2 Vinton Lot #2 Rd, Vinton, TX 79821
  • /12

    $215,000

    • Land
    • 4.75 Acres
    • $45,263 per Acre

    483 N Happy Valley Rural Rd, Carlsbad, NM 88220

    Prime commercial opportunity in a growing area of Carlsbad! This approximately 4.75-acre property offers excellent visibility with over 800 feet of highway frontage on Hwy 524/N Happy Valley Rd. Zoned C-2 commercial, this versatile tract provides endless potential for development, investment, retail, service business, or industrial use. Conveniently located with easy access to major roadways and

    Gaby Fernandez Keller Williams Realty Affinity

    483 N Happy Valley Rural Rd, Carlsbad, NM 88220
  • /10

    $279,000

    • Land
    • 6,969 Sq Ft
    • $1,743,750 per Acre

    907 Laurel Cir SE, Albuquerque, NM 87108

    Vacant Land with Pool | Prime Infill Opportunity in Ridgecrest. Seize a rare chance to build your dream home in one of Albuquerque's most sought-after neighborhoods. This exceptional vacant lot in the prestigious Ridgecrest area comes complete with an existing pool- a significant head start that adds instant value and saves considerable time and expense for your future build. Nestled in a

    Alicia Feil Keller Williams Realty

    907 Laurel Cir SE, Albuquerque, NM 87108
  • /145

    $1,249,000

    $126K PRICE DROP
    • 7 Beds
    • 6 Baths
    • 8,134 Sq Ft

    24 Matisse Rd NE, Albuquerque, NM 87123

    Property is approved for Residential Financing if buyer qualifies! Step back in time to this historic Route 66 ranch-style 1940 home on 10.7 acres-first built on a 200-acre Tres Pistoles Canyon homestead amid granite boulders with historic visitors! A rare investment opportunity with 7 beds, 6 baths, 8,134 sq ft. Main house + 2 casitas, each with their own entry, private driveway, and beautiful

    Anne Vallejos Keller Williams Realty

    24 Matisse Rd NE, Albuquerque, NM 87123
  • /50

    $2,750,000

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

    116 Sutton Place Unit 435, Taos Ski Valley, NM 87525

    Experience Refined Mountain Living at The Blake Residences Located in the heart of Taos Ski Valley, this beautifully appointed 3-bedroom, top floor condo offers the ultimate alpine retreat with unmatched access to world-class skiing and vibrant village amenities—year-round. Step into a spacious and inviting living room featuring a cozy gas fireplace, perfect for unwinding after a day on the

    Evan Blish Pinon Investments of Taos

    116 Sutton Place Unit 435, Taos Ski Valley, NM 87525
  • /7

    $4,000

    • Land
    • 21,780 Sq Ft
    • $8,000 per Acre

    0 Cayenne (U21 B87 L22) Rd NE Unit 1069296, Rio Rancho, NM 87144

    A half acre surrounded by development! This great buy gives you convenience of location where businesses, schools, and several commute routes are easily reachable, yet you have a quiet life away from the big city! With gorgeous Rio Rancho blue skies overhead, you will love the natural beauty all around you! You can make this lovely lot your landing place for the home of your dreams, or a buy and

    David Torres Beyond Real-Estate

    0 Cayenne (U21 B87 L22) Rd NE Unit 1069296, Rio Rancho, NM 87144
  • /3

    $2,900

    • Land
    • 1.55 Acres
    • $1,871 per Acre

    Lot 1-2 Estancia Ranchettes Block 9 Unit 5-A, Moriarty, NM 87035

    Escape to the quiet beauty of the Estancia Ranchettes on this sprawling 1.55-acre corner lot. Encompassing a spacious layout platted as a single parcel, this land offers ultimate privacy, wide-open blue skies, and beautiful mountain horizons. It is the perfect spot for an off-grid homestead, a weekend camping retreat, or a low-holding-cost investment with remarkably low annual taxes. Please note

    David Duerksen Realty One of New Mexico

    Lot 1-2 Estancia Ranchettes Block 9 Unit 5-A, Moriarty, NM 87035
  • /2

    $1,200

    • Land
    • 10,890 Sq Ft
    • $4,800 per Acre

    0 Rio Del Oro Lot: 8 Block: 54 U Unit 1095511, Belen, NM 87002

    Discover the beauty of wide-open New Mexico living on this vacant parcel east of Belen. With sweeping views in every direction and plenty of space to build, this land offers the ideal setting for a custom home, weekend getaway, or long-term investment. Peaceful surroundings, star-filled nights, and the kind of views you just can't beat -- your next opportunity starts here.

    Rachel Rodriguez RE/MAX ELEVATE

    0 Rio Del Oro Lot: 8 Block: 54 U Unit 1095511, Belen, NM 87002
  • /2

    $13,322

    • Land
    • 3.51 Acres
    • $3,795 per Acre

    0 Granillo Road Lot 14, Veguita, NM 87062

    Discover 3.5 acres of land in a peaceful rural setting, offering plenty of space to create your dream property. With additional lots available for sale, this is a great opportunity for those seeking more acreage or investment potential. Buyer to verify zoning to ensure the property meets their intended use.

    Nancy Montoya Century 21 Champions

    0 Granillo Road Lot 14, Veguita, NM 87062
  • /16

    $57,500

    $7K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,145 Sq Ft

    1004 S Avenue A, Portales, NM 88130

    Price has been recently reduced. Good opportunity for a investment! This 3-bedroom, 1-bathroom home is a great opportunity for a first-time buyer or an investor looking for income potential. The home has been well maintained and, with a little updating, will truly shine. The washer and dryer are conveniently tucked away from the main living area, providing a functional space to complete daily

    MICHAEL TERRY BUENA VISTA REALTY

    1004 S Avenue A, Portales, NM 88130
  • /23

    $18,000

    • Land
    • 5 Acres
    • $3,600 per Acre

    0 Camino Seco, Belen, NM 87002

    Excellent opportunity to acquire a commercially zoned parcel with outstanding potential for a variety of business and investment uses. Strategically positioned to benefit from future growth and development, this property offers flexibility for retail, office, service-related businesses, storage, or other permitted commercial ventures, subject to local regulations. The parcel provides a valuable

    Aubrey Syljuberget Simply Real Estate

    0 Camino Seco, Belen, NM 87002
  • /19

    $509,000

    $6K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 804 Sq Ft

    321 1/2 W Houghton St, Santa Fe, NM 87505

    Tucked away in the heart of Santa Fe, in the highly desirable area known as South Capitol. 321 1/2 Houghton is a charming 1-bedroom, 1-bath single-family home that offers a perfect blend of comfort, character, and scenic beauty. The layout features a welcoming living room on the main level, complete with a cozy wood stove—ideal for cool Santa Fe winter evenings—flowing seamlessly into the

    Brett Hultberg Sotheby's Int. RE/Washington

    321 1/2 W Houghton St, Santa Fe, NM 87505
  • /15

    $200,000

    • Land
    • 30.3 Acres
    • $6,601 per Acre

    0 E Harkness Rd, Carlsbad, NM 88220

    Discover the potential of this expansive 30-acre parcel offering wide open space and endless possibilities. With mostly flat terrain, this property provides the perfect setting for your dream home, manufactured home, ranch, recreational getaway, or future investment opportunity. Enjoy peaceful country living with plenty of room for livestock, equipment, workshops, or additional improvements.

    Joelie Jones CENTURY 21 DUNAGAN ASSOCIATES

    0 E Harkness Rd, Carlsbad, NM 88220
  • /4

    $13,000

    • Land
    • 10 Acres
    • $1,300 per Acre

    0 Off Pajarito (N129) Rd SW, Albuquerque, NM 87121

    Best uses are long-term investment and/or recreation.

    Stephanie Granfors Granfors Realty,LLC

    0 Off Pajarito (N129) Rd SW, Albuquerque, NM 87121
  • /21

    $219,900

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    29 Running Indian Dr, Alamogordo, NM 88310

    New Home features 3 bedrooms & 2 baths (baths have showers -no tubs) with a bonus 8x15 flex room! Desirable split bedroom plan with open kitchen, dining and living areas. Nice sized utility room off the kitchen area. Included are front & back decks , carport and front landscaping. Add 2x6 construction plus an oversized .60 ac lot, fencing and call it home. Restrictive convenants are in place to

    Jaylen Garland Garland Real Estate

    29 Running Indian Dr, Alamogordo, NM 88310
  • /30

    $1,300,000

    $200K PRICE DROP

    Unlisted Address

    Incredible opportunity to own 670 acres of productive New Mexico Ranch Land. Perfectly suited for self-sustaining livestock operations. One of the last properties in the area with the capacity to grow your own feed and fully support your herd year-round. The property includes a 20-acre center pivot irrigation system, ideal for hay or other forage production. Land is cross-fenced into four (4)

    724 Real Estate Berkshire Hathaway NM Prop

    Unlisted Address
  • /7

    $325,000

    • Land
    • 17,424 Sq Ft
    • $812,500 per Acre

    124 Los Ranchos Rd NW, Albuquerque, NM 87107

    **BUILD TO SUIT** Discover the perfect opportunity to build your dream home or investment property on this 0.54-acre lot in the highly sought-after Los Ranchos area. Nestled in a serene, rural setting with lush surroundings, this partially fenced lot offers both privacy and convenience. Enjoy the charm of country living while being just minutes from local shops, restaurants, and amenities. With

    Silesha Montano Naden LPT Realty

    124 Los Ranchos Rd NW, Albuquerque, NM 87107
  • /2

    $360,000

    • 4 Beds
    • 4 Baths
    • 3,060 Sq Ft

    123 General Arnold St NE, Albuquerque, NM 87123

    This four-unit apartment building offers a strong investment opportunity with a current 9.24% cap rate at full asking price. The property features four residential 1 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with

    Angelo Mora Keyway Properties, Inc

    123 General Arnold St NE, Albuquerque, NM 87123
  • /7

    $8,000

    • Land
    • 21,780 Sq Ft
    • $16,000 per Acre

    0 MacAo (U21 B109 L6) Rd NE Unit 1106011, Rio Rancho, NM 87144

    This sounds like a fantastic opportunity! Half an acre near health care and education! Close to Sandoval Regional Medical Center and the amazing and award-winning Cleveland High School! Being surrounded by southwestern beauty and nature, yet still within reach of development, creates a unique living experience. Planning your dream home with space for an extra bedroom or family room adds a

    David Torres Beyond Real-Estate

    0 MacAo (U21 B109 L6) Rd NE Unit 1106011, Rio Rancho, NM 87144
  • /18

    $197,200

    • Land
    • 273.86 Acres
    • $720 per Acre

    TR 1,2,3,4 Old Willard Rd, Mountainair, NM 87036

    273+/- acres at the corner of Medicine Run Rd and Old Willard Rd near Mountainair. Prime corner location with excellent access and expansive views of the surrounding high desert landscape. Property is already subdivided into four 68+/- acre tracts, offering flexibility for development, resale, ranching, or multi-generational ownership. Ideal for custom or manufactured homes, livestock, equestrian

    Todd Sledge Hawkeye Realty

    TR 1,2,3,4 Old Willard Rd, Mountainair, NM 87036
  • /4

    $29,500

    • Land
    • 10,890 Sq Ft
    • $118,000 per Acre

    214 Cortez Ave, Hurley, NM 88043

    Whether you're planning to build a custom home, place a manufactured or mobile home, or hold the land as a long-term investment, this parcel offers exceptional flexibility, convenience, and value. The property also includes a shed featuring a new metal roof, new door, and new flooring—providing excellent space for storage, a workshop, or future use. Water is available on the property, adding

    Ahlyia Trujillo Enchantment Realty

    214 Cortez Ave, Hurley, NM 88043
  • /33

    $425,000

    208 E Mathews St, Roswell, NM 88203

    High-Growth Investment Opportunity in Roswell’s Expanding Housing Market Rare chance to acquire a fully entitled, income-producing tiny home village on a 25,000 SF lot with immediate upside and expansion potential. Three completed, rent-ready manufactured homes are already in place, each with full utility hookups and in-demand modern appliances including refrigerator, stove, washer, and

    LANA REESE Exp Realty, LLC

    208 E Mathews St, Roswell, NM 88203
  • /2

    $4,605,750

    • Land
    • 2,050 Acres
    • $2,247 per Acre

    TBD Highway 84 64, Tierra Amarilla, NM 87575

    Discover an exceptional northern New Mexico hunting and recreational property spanning approximately 2,050 acres, perfectly suited for the serious sportsman or outdoor enthusiast. This property has historically been allocated multiple hunting tags, with abundant cover, natural food sources, and year-round water to support a healthy population of elk, deer, and other wildlife. Legal, all-season

    Travis Birdsong United Country - Northern New Mexico Real Estate

    TBD Highway 84 64, Tierra Amarilla, NM 87575
  • /28

    $450,000

    $4M PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,176 Sq Ft

    308 Hull Rd, Ruidoso, NM 88345

    This Single-level residence shows pride of ownership and is located in the heart of Ruidoso. An excellent opportunity for either a family home or an investment OPP. Four bedrooms, (includes two master suites) and three full bathrooms. The interior also offers open beam ceilings, a lovely fireplace, and a convenient workshop located off the laundry room. Offering several modern updates, including

    Anette Wood Ruidoso Dream Catcher Realty

    308 Hull Rd, Ruidoso, NM 88345
  • /2

    $7,117

    • Land
    • 1.87 Acres
    • $3,806 per Acre

    8 Granillo Rd, Veguita, NM 87062

    Discover 1.87 acres of land in a peaceful rural setting, offering plenty of space to create your dream property. With additional lots available for sale, this is a great opportunity for those seeking more acreage or investment potential. Buyer to verify zoning to ensure the property meets their intended use.

    Nancy Montoya Century 21 Champions

    8 Granillo Rd, Veguita, NM 87062
  • /20

    $185,000

    $60K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,280 Sq Ft

    6 Mesa Vista Rd, Cuba, NM 87013

    Welcome to this charming home located in the heart of Cuba, NM, offering comfort, practicality, and beautiful mountain-town living. Situated on a peaceful street, this property provides the perfect blend of small-community appeal and easy access to Hwy 550 for commuting or travel. Inside, you'll find a warm and inviting layout with ample natural light and generous living spaces ideal for family

    Elias Medina Keller Williams Realty

    6 Mesa Vista Rd, Cuba, NM 87013

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