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

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NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
The Aaron floor plan opens into a trey ceiling foyer that leads to a modern kitchen and open concept dining and living areas. The master suite, bath with free standing tub, separate shower and walk in closet are spacious and separate from all other living areas in the home. Along with the three bedrooms and 2nd bath, plus a half bath. An expansive 3 car garage garage gives ample space for cars, trucks, 4-wheelers and more. Other features are 2 x 6 construction, quartz countertops, Energy Star windows and LED lighting. Farm sink. Gourmet kitchen. Call Sheila Walterscheid 575.361.6302 to discover the full variety of our floor plans and elevation options

$445,055

4 beds2.5 baths2,143 sq ft

3623 S Sunnyview Ave, Carlsbad, NM 88220

Trey ceiling foyer • Free standing tub • Separate shower

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Offered at an asking price of $450,000, the property generates a compelling 6.77% cap rate, providing investors with immediate cash flow and long-term upside potential. Fully remodeled within the last five years, this six-unit property consists of three duplexes situated on a single lot and is 100% occupied as of February 2026. Featuring all 2-bedroom, 1-bathroom units, the property benefits from strong historical occupancy driven by its location less than a half-mile from Eastern New Mexico University, making it an attractive and proven student housing investment.

$450,000

2 beds1 bath4,872 sq ft

501 S Avenue G, Portales, NM 88130

Fully remodeled • Six unit property • 100 percent occupied

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Private, rural acreage with 3 manufactured homes on 60acres. Nice long range views from all sides. There is a large shop with roll up door and separate storage shed. The main house is a 2007 doublewide, 4b/2ba with split floor plan, large kitchen, open living areas and metal roof. Second home is a 1974 doublewide, 3b/2ba that needs a little updating. It has a heat pump, refrigerated air, newer model fridge and some bathroom updates. Third home is a 1966 singlewide that needs work if going to be used for anything more than storage. All homes are on the same electric, well, but two separate septic systems. This property has tons of possibilities and potential.

$250,000

4 beds2 baths3,696 sq ft

4 Easy St, Lordsburg, NM 88045

Long range views • Split floor plan • Storage shed

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
This beautiful 3-bedroom, 2-bath home located on the municipal golf course is an appealing property blending modern comforts with desirable location, serene views and direct access to fairway living. The kitchen offers stylish quartz countertops great for entertaining. The fireplace brings a cozy yet modern focal point for relaxing evenings by the fire and the luxury and comfort of heated bathroom floors deliver warmth to chilly southwest mornings. For perfect blend of charm, warmth and an unbeatable location this home is a must see!

$358,999

3 beds2 baths2,322 sq ft

809 Colonial Ct, Carlsbad, NM 88220

Quartz countertops • 4,791 sq ft lot • 2 garage spots

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Experience wide open New Mexico living with this stunning 2024 built modern home situated on 40 acres. This spacious 4 bedroom, 3 bathroom home offers contemporary finishes, an open floor plan, and stylish design throughout. The kitchen features custom cabinetry, large island, sleek countertops, and stainless appliances. The primary suite includes a spa inspired bathroom with soaking tub, walk-in shower, and dual vanities. Enjoy beautiful mountain and desert views, peaceful surroundings, and plenty of room for horses, livestock, equipment, recreation, or future improvements. The acreage provides privacy while still offering convenient access to nearby amenities. Whether you are looking for

$319,900

4 beds3 baths2,304 sq ft

4665 Hondale Road Rd SW, Deming, NM 88030

Custom cabinetry • 40 acres • Soaking tub

Property at 317 Sherrill Lane #25 Ln, Roswell, NM 88201, 2 beds, 2 baths

$208,000

2 beds2 baths1,895 sq ft

317 Sherrill Lane #25 Ln, Roswell, NM 88201

Property at 1624 Pecos, Carlsbad, NM 88220, 2 beds, 2 baths

$270,000

2 beds2 baths1,404 sq ft

1624 Pecos, Carlsbad, NM 88220

Property at 42 Mammoth Mountain Rd Unit 108 #108, Angel Fire, NM 87710, 2 beds, 1.5 baths

$325,000

2 beds1.5 baths918 sq ft

42 Mammoth Mountain Rd Unit 108 #108, Angel Fire, NM 87710

Property at 10 Alicia Dr, La Luz, NM 88337, 2 beds, 1 bath

$155,000

2 beds1 bath1,024 sq ft

10 Alicia Dr, La Luz, NM 88337

Property at 10 Evergreen Rd, Questa, NM 87556, 3 beds, 2 baths

$249,000

3 beds2 baths1,000 sq ft

10 Evergreen Rd, Questa, NM 87556

Property at 404 Prescott St, Santa Clara, NM 88026, 2 beds, 1 bath

$50,000

2 beds1 bath952 sq ft

404 Prescott St, Santa Clara, NM 88026

Property at 95 Mescalero Ave, Cloudcroft, NM 88317, 2 beds, 2 baths

$399,900

2 beds2 baths1,080 sq ft

95 Mescalero Ave, Cloudcroft, NM 88317

Property at 1915 Virginia Est, Portales, NM 88130, 3 beds, 2.5 baths

$425,000

3 beds2.5 baths2,982 sq ft

1915 Virginia Est, Portales, NM 88130

Property at 700 E Baja Dr, Hobbs, NM 88240, 3 beds, 2.5 baths

$397,900

3 beds2.5 baths3,459 sq ft

700 E Baja Dr, Hobbs, NM 88240

Property at 700 Liles St, Socorro, NM 87801, 3 beds, 1 bath

$200,000

3 beds1 bath1,398 sq ft

700 Liles St, Socorro, NM 87801

Property at 446 S San Pedro St, Las Cruces, NM 88001, 2 beds, 1 bath

$179,000

2 beds1 bath1,203 sq ft

446 S San Pedro St, Las Cruces, NM 88001

Property at 1707 Puerto Rico Ave, Alamogordo, NM 88310, 1 bed, 1 bath

$199,900

1 bed1 bath484 sq ft

1707 Puerto Rico Ave, Alamogordo, NM 88310

Property at 44 Mammoth Mtn #17, Angel Fire, NM 87710, 2 beds, 2 baths

$298,850

2 beds2 baths866 sq ft

44 Mammoth Mtn #17, Angel Fire, NM 87710

Property at 465 Apache Hills DR Dr NE, Deming, NM 88030, 2 beds, 2 baths

$155,000

2 beds2 baths1,250 sq ft

465 Apache Hills DR Dr NE, Deming, NM 88030

Property at 997 State Road 108, Texico, NM 88135, 3 beds, 2 baths

$375,000

3 beds2 baths2,052 sq ft

997 State Road 108, Texico, NM 88135

Property at 802 1/2 Larkspur St, Alamogordo, NM 88310, 3 beds, 1.75 baths

$189,500

3 beds1.75 baths1,348 sq ft

802 1/2 Larkspur St, Alamogordo, NM 88310

Property at 227 El Caso Rd Rd, Quemado, NM 87829, 1 bed, 1 bath

$275,000

1 bed1 bath1,006 sq ft

227 El Caso Rd Rd, Quemado, NM 87829

Property at 4010 540 Loop Loop, Logan, NM 88426, 2 beds, 2 baths

$275,000

2 beds2 baths1,584 sq ft

4010 540 Loop Loop, Logan, NM 88426

Property at 5177 Granite St, Las Cruces, NM 88012, 3 beds, 2.5 baths

$269,900

3 beds2.5 baths1,524 sq ft

5177 Granite St, Las Cruces, NM 88012

Property at 41 El Caso Rd Rd, Quemado, NM 87829, 3 beds, 2 baths

$200,000

3 beds2 baths1,568 sq ft

41 El Caso Rd Rd, Quemado, NM 87829

Property at 1331 S Animas St, Lordsburg, NM 88045, 2 beds, 2 baths

$90,000

2 beds2 baths960 sq ft

1331 S Animas St, Lordsburg, NM 88045

Property at 31 Paseo Vlg, Clovis, NM 88101, 3 beds, 2 baths

$205,000

3 beds2 baths1,672 sq ft

31 Paseo Vlg, Clovis, NM 88101

Property at 1253 Mojave Desert Dr, Chaparral, NM 88081, 4 beds, 2 baths

$330,000

4 beds2 baths1,871 sq ft

1253 Mojave Desert Dr, Chaparral, NM 88081

Property at 1925 Calle De Suenos, Las Cruces, NM 88001, 3 beds, 1 bath

$239,000

3 beds1 bath1,038 sq ft

1925 Calle De Suenos, Las Cruces, NM 88001

Property at 35 Santa Fe Dr, Timberon, NM 88350, 3 beds, 2 baths

$299,000

3 beds2 baths1,280 sq ft

35 Santa Fe Dr, Timberon, NM 88350

Property at 1701 S Cliff Ave, Gallup, NM 87301, 3 beds, 2 baths

$355,000

3 beds2 baths2,513 sq ft

1701 S Cliff Ave, Gallup, NM 87301

Property at 2348 Fairway Ter, Clovis, NM 88101, 4 beds, 2 baths

$360,000

4 beds2 baths2,256 sq ft

2348 Fairway Ter, Clovis, NM 88101

Property at 83 Angel Fire Rd Unit 11 Rd N #11, Angel Fire, NM 87710, 1 bed, 1 bath

$235,000

1 bed1 bath520 sq ft

83 Angel Fire Rd Unit 11 Rd N #11, Angel Fire, NM 87710

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

$399,900

— beds— baths— sq ft

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

Property at 1948 Gorman Ave SE, Albuquerque, NM 87106, 3 beds, 3 baths

$414,990

3 beds3 baths1,850 sq ft

1948 Gorman Ave SE, Albuquerque, NM 87106

Property at 1252 Sahara Desert Dr, Chaparral, NM 88081, 4 beds, 2 baths

$369,000

4 beds2 baths2,073 sq ft

1252 Sahara Desert Dr, Chaparral, NM 88081

Property at 202 Racquet Dr #4, Ruidoso, NM 88345, 4 beds, 3 baths

$399,900

4 beds3 baths2,081 sq ft

202 Racquet Dr #4, Ruidoso, NM 88345

Property at 1006 Montezuma Ave, Tularosa, NM 88352, 3 beds, 2 baths

$179,900

3 beds2 baths1,396 sq ft

1006 Montezuma Ave, Tularosa, NM 88352

Property at 1108 Connelly St, Clovis, NM 88101, 3 beds, 1 bath

$170,000

3 beds1 bath1,326 sq ft

1108 Connelly St, Clovis, NM 88101

Property at 1219 Little Big Horn Rd, Alto, NM 88312, 3 beds, 2 baths

$299,500

3 beds2 baths1,699 sq ft

1219 Little Big Horn Rd, Alto, NM 88312

Property at 1820 Camino Cantera SW, Los Lunas, NM 87031, 4 beds, 2 baths

$409,999

4 beds2 baths2,160 sq ft

1820 Camino Cantera SW, Los Lunas, NM 87031

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