Cheap homes for sale & real estate in New Mexico, NM

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ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Positioned along one of Santa Fe’s most visible and sought-after corridors, this rare investor opportunity is packed with potential. Located at 1311 S Saint Francis Drive, this AS-IS property offers a unique chance to renovate, redevelop, or reposition a centrally located asset in one of the city’s most active growth areas. The home has been substantially cleared out and is ready for transformation, creating a true blank canvas for investors, contractors, flippers, or owner-users with vision. Flexible residential/multifamily zoning with possible commercial potential (buyer to verify) adds exceptional versatility and long-term upside. Surrounded by established businesses, residen

$349,000

3 beds2 baths1,636 sq ft

Level of visibility • 6,682 sq ft lot • 3 parking spots

1311 S Saint Francis, Santa Fe, NM 87505

OPEN SUN, 11:30AM TO 1:30PM

$419,000

3 beds2 baths1,344 sq ft

2,613 sq ft lot • 3 parking spots • Built 2008

8 New Village Ave, Santa Fe, NM 87508

OPEN WED, 1:30PM TO 3:30PM3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
So much attention to detail in this gorgeous home, beautifully refreshed home on a corner lot with attractive, low-maintenance xeriscaped landscaping. Approximately $65,000-$70,000 in recent investments, including new LVP flooring, fresh interior paint, updated lighting fixtures, new ceiling fans throughout, refinished kitchen cabinets, custom blinds, newer kitchen appliances, a newer AC system, and refreshed bathrooms with new vanities and matching mirrors. The result is a clean, comfortable, move-in-ready home with a modern, cohesive feel throughout. The updated finishes add style and function, corner lot offers great curb appeal and a little extra breathing room. Outside, the xeriscaped

$405,000

4 beds2.5 baths2,213 sq ft

8,276 sq ft lot • 2 garage spots • Built 1996

233 Nicklaus Dr SE, Rio Rancho, NM 87124

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Welcome home to this beautifully updated 2-bedroom, 2-bathroom property featuring stylish luxury vinyl plank flooring, fresh interior paint, and gorgeous white quartz countertops. The well-appointed kitchen offers stainless steel appliances, attractive cabinetry, and soft-close hardware for a modern touch. Energy-efficient mini-split units provide year-round comfort while helping keep utility costs in check. Conveniently located in the heart of Albuquerque, you'll enjoy easy access to freeways, restaurants, shopping, entertainment, and everyday amenities. This move-in-ready home combines comfort, style, and convenience in one exceptional package.

$234,900

2 beds2 baths879 sq ft

Soft-close hardware • 2,919 sq ft lot • Built 1931

501 Veranda Rd NW, Albuquerque, NM 87107

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Nestled in the serene landscape of Perdiz Canyon at the foothills of the Sandia Mountains, this peaceful north-facing property offers breathtaking views and a true connection to nature. Nearby trails and streams are just a short walk away, inviting endless opportunities for outdoor exploration. This charming home combines natural beauty, thoughtful upgrades, and timeless cozy comfort. 3 bedrooms, 2 bathrooms, and a flexible bonus room ideal for a home office or studio. Warm and inviting living areas are highlighted by a striking wood-burning fireplace crafted from volcanic rock and obsidian, while abundant natural light fills the interior through upgraded double-pane windows.

$369,000

3 beds2 baths1,748 sq ft

Breathtaking views • Nearby trails • Thoughtful upgrades

12 Perdiz Canyon Rd, Placitas, NM 87043

Property at 2812 Beach Rd NW, Albuquerque, NM 87104, 3 beds, 2 baths

$385,000

3 beds2 baths1,899 sq ft

2812 Beach Rd NW, Albuquerque, NM 87104

Property at 2430 Palomas Dr NE, Albuquerque, NM 87110, 3 beds, 2 baths

$349,000

3 beds2 baths1,564 sq ft

2430 Palomas Dr NE, Albuquerque, NM 87110

Property at 6429 Matamoros Rd NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$250,000

3 beds2 baths1,731 sq ft

6429 Matamoros Rd NE, Rio Rancho, NM 87144

Property at 2905 San Pablo St NE, Albuquerque, NM 87110, 4 beds, 3 baths

$415,000

4 beds3 baths2,767 sq ft

2905 San Pablo St NE, Albuquerque, NM 87110

Property at 7804 Oakland Ave NE, Albuquerque, NM 87122, 3 beds, 2 baths

$410,000

3 beds2 baths1,523 sq ft

7804 Oakland Ave NE, Albuquerque, NM 87122

Property at 2423 Calle Bonita, Las Vegas, NM 87701, 4 beds, 2 baths

$295,000

4 beds2 baths1,539 sq ft

2423 Calle Bonita, Las Vegas, NM 87701

Property at 6041 Sequoia Rd NW Unit C13, Albuquerque, NM 87120, 2 beds, 2.5 baths

$210,000

2 beds2.5 baths1,146 sq ft

6041 Sequoia Rd NW Unit C13, Albuquerque, NM 87120

Property at 104 Walton Cir, Ruidoso, NM 88345, 2 beds, 2 baths

$219,000

2 beds2 baths1,346 sq ft

104 Walton Cir, Ruidoso, NM 88345

Property at 1819 Cielo Oeste Pl NW, Albuquerque, NM 87120, 3 beds, 2 baths

$320,000

3 beds2 baths1,477 sq ft

1819 Cielo Oeste Pl NW, Albuquerque, NM 87120

Property at 215 Madison St NE, Albuquerque, NM 87108, 4 beds, 2 baths

$399,000

4 beds2 baths1,656 sq ft

215 Madison St NE, Albuquerque, NM 87108

Property at 4701 Morris St NE Apt 2304, Albuquerque, NM 87111, 2 beds, 3 baths

$245,000

2 beds3 baths1,176 sq ft

4701 Morris St NE Apt 2304, Albuquerque, NM 87111

Property at 2210 Miguel Chavez #224, Santa Fe, NM 87505, 1 bed, 1 bath

$215,000

1 bed1 bath614 sq ft

2210 Miguel Chavez #224, Santa Fe, NM 87505

Property at 2922 San Lorenzo Ct, Las Cruces, NM 88007, 3 beds, 2 baths

$269,000

3 beds2 baths1,529 sq ft

2922 San Lorenzo Ct, Las Cruces, NM 88007

Property at 3368 Ice Caves Rd, Ramah, NM 87321, 2 beds, 1 bath

$225,000

2 beds1 bath2,188 sq ft

3368 Ice Caves Rd, Ramah, NM 87321

Property at 2210 Miguel Chavez #518, Santa Fe, NM 87505, 2 beds, 2 baths

$295,000

2 beds2 baths950 sq ft

2210 Miguel Chavez #518, Santa Fe, NM 87505

Property at 616 Eastlake Dr SE, Rio Rancho, NM 87124, 2 beds, 2 baths

$265,000

2 beds2 baths1,480 sq ft

616 Eastlake Dr SE, Rio Rancho, NM 87124

Property at 3301 Monroe St NE Unit H89, Albuquerque, NM 87110, 2 beds, 2.5 baths

$189,000

2 beds2.5 baths1,042 sq ft

3301 Monroe St NE Unit H89, Albuquerque, NM 87110

Property at 413 Arbor Pl NE, Albuquerque, NM 87107, 3 beds, 2 baths

$333,350

3 beds2 baths1,229 sq ft

413 Arbor Pl NE, Albuquerque, NM 87107

Property at 2506 General Bradley St NE, Albuquerque, NM 87112, 4 beds, 2 baths

$399,000

4 beds2 baths2,208 sq ft

2506 General Bradley St NE, Albuquerque, NM 87112

Property at 823 Country Club Dr SE Apt 1E, Rio Rancho, NM 87124, 1 bed, 1 bath

$119,900

1 bed1 bath940 sq ft

823 Country Club Dr SE Apt 1E, Rio Rancho, NM 87124

Property at 8532 Creek St NE, Albuquerque, NM 87113, 2 beds, 2 baths

$215,000

2 beds2 baths1,436 sq ft

8532 Creek St NE, Albuquerque, NM 87113

Property at 1108 Paseo Corazon #10, Santa Fe, NM 87507, 1 bed, 2 baths

$399,000

1 bed2 baths1,012 sq ft

1108 Paseo Corazon #10, Santa Fe, NM 87507

Property at 10700 Pinon Park Ct NW, Albuquerque, NM 87114, 3 beds, 2 baths

$349,995

3 beds2 baths1,543 sq ft

10700 Pinon Park Ct NW, Albuquerque, NM 87114

Property at 1544 Peppoli Loop SE, Rio Rancho, NM 87124, 3 beds, 2.5 baths

$398,900

3 beds2.5 baths2,132 sq ft

1544 Peppoli Loop SE, Rio Rancho, NM 87124

Property at 118 Cortina Dr, Ruidoso, NM 88345, 2 beds, 2.5 baths

$215,900

2 beds2.5 baths1,949 sq ft

118 Cortina Dr, Ruidoso, NM 88345

Property at 39 Big Dipper Rd, Tijeras, NM 87059, 2 beds, 2 baths

$280,000

2 beds2 baths1,638 sq ft

39 Big Dipper Rd, Tijeras, NM 87059

Property at 409 E 5th St, Lordsburg, NM 88045, 5 beds, 3 baths

$79,000

5 beds3 baths2,500 sq ft

409 E 5th St, Lordsburg, NM 88045

Property at 2600 W Zia Unit I-16, Santa Fe, NM 87507, 1 bed, 1 bath

$248,800

1 bed1 bath469 sq ft

2600 W Zia Unit I-16, Santa Fe, NM 87507

Property at 303 Pioneer Rd Unit 19B, Red River, NM 87558, 3 beds, 2 baths

$339,000

3 beds2 baths1,200 sq ft

303 Pioneer Rd Unit 19B, Red River, NM 87558

Property at 170 Cherry Hill Ln, Santa Teresa, NM 88008, 3 beds, 2 baths

$399,900

3 beds2 baths2,041 sq ft

170 Cherry Hill Ln, Santa Teresa, NM 88008

Property at 1315 N Gold St, Silver City, NM 88061, 2 beds, 1 bath

$156,000

2 beds1 bath1,238 sq ft

1315 N Gold St, Silver City, NM 88061

Property at 1612 Princeton Dr SE, Albuquerque, NM 87106, 3 beds, 2 baths

$355,000

3 beds2 baths2,263 sq ft

1612 Princeton Dr SE, Albuquerque, NM 87106

Property at 4119 Arapahoe Ave NW, Albuquerque, NM 87114, 3 beds, 2.5 baths

$384,900

3 beds2.5 baths2,228 sq ft

4119 Arapahoe Ave NW, Albuquerque, NM 87114

Property at 219 Central Ave NW Apt 504, Albuquerque, NM 87102, 1 bed, 1 bath

$299,000

1 bed1 bath1,023 sq ft

219 Central Ave NW Apt 504, Albuquerque, NM 87102

Property at 1407 De Baca North Cir SW, Albuquerque, NM 87105, 4 beds, 2 baths

$334,900

4 beds2 baths1,856 sq ft

1407 De Baca North Cir SW, Albuquerque, NM 87105

Property at 5825 Chaco Loop NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$399,000

3 beds2 baths2,000 sq ft

5825 Chaco Loop NE, Rio Rancho, NM 87144

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