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:
Discover 2.52 acres in the desirable Ponderosa Subdivision offering the perfect blend of convenience, privacy, and scenic beauty. This east-facing property features a gentle, gradual slope with scattered Juniper trees and inviting views of the surrounding mountains, including the iconic Brazos Cliffs in the distance. Easy year-round access is provided from maintained County Road 341, making this an excellent option for a weekend retreat or future homesite. With no HOA but reasonable protective covenants in place, you can enjoy flexibility while helping preserve the quality and value of the neighborhood. Located just 10 minutes from the charming village of Chama, New Mexico, and under an hou

$32,500

Land2.52 acres (lot)

1 CR 341 Rd, Chama, NM 87520

Gentle gradual slope • Year round access

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
This 73.8 acre parcel sits within both the Cerrillos Historic District and the Cerrillos Mining District giving it a cultural depth that enriches it's practical potential. This land is well suited for one or two residences, equestrian facilities or a quiet retreat, all set against a commanding 360° view of the Ortiz mountains, the Jemez and the Sangre De Cristos Mountains. Despite its sense of seclusion, the property is only 16.4 miles from the Santa Fe Plaza and 5.5 miles from Cerrillos; and ideal balance of solitude and accessibility. Owning land in the Cerrillos Hills places you at the heart of one of New Mexico's most storied cultural landscapes. This is the place where more than 10

$195,000

Land73.82 acres (lot)

0 Land In Cerrillos T 15n R 8e S31., E 1/2-, Nw 1/4, Cerrillos, NM 87010

360 degree view • Off-grid nature

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Volcano Cliffs Subdivision with Mountain Views!This mostly level 2.34 acre lots is ready for your custome home!Bring your camera, you will love the VIEWS!Close to Unser & Rainbow!Convenient access to Rust Medical, restraunts, grocery stores, schools, shopping and major through-fares like Paseo Del Norte, Monzano, Unser, Rainbow, etc. BONUS! Lots of room for outdoor activities like hiking, biking, walks, runs, off-roading, kite flying, stargazing, etc! Price to Sell FAST be sure you give it a drive by.

$60,000

Land2.34 acres (lot)

Scenic Dr NW #8, Albuquerque, NM 87120

Convenient access • Mountain views

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Highly desirable private cul-de-sac lot offering serene location in the prestigious SPCE Community. Hike the available trails at the nearby red rock canyon open space maintained by the SPCE HOA. Underground utilities include natural gas, electricity and telephone. Private, paved roads maintained by the HOA. Albuquerque is a short 25-minute drive away, or Santa Fe is a 50-minute drive along the famous Turquoise Trl. The prestigious Paako Golf Course is only a few minutes' drive away.

$110,000

Land10.19 acres (lot)

43 Canon Escondido Pl, Sandia Park, NM 87047

Private paved roads • Listed 167 days

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Food Truck Pad

$1,000

Land0.49 acre (lot)

200 W Navajo Dr, Hobbs, NM 88240

Water on property • Prime spot corner

Property at TBD Old River Road Ave Lot 1, Las Cruces, NM 88005

$89,900

Land0.76 acre (lot)

TBD Old River Road Ave Lot 1, Las Cruces, NM 88005

Property at 80 Acequia Del Madre Llano, Arroyo Hondo, NM 87513

$264,000

Land6.24 acres (lot)

80 Acequia Del Madre Llano, Arroyo Hondo, NM 87513

Property at ## Radio Tower Rd, Pinos Altos, NM 88053

$119,000

Land26.56 acres (lot)

## Radio Tower Rd, Pinos Altos, NM 88053

Property at 30 Sendero Del Oso, Santa Fe, NM 87506

$300,000

Land6.62 acres (lot)

30 Sendero Del Oso, Santa Fe, NM 87506

Property at 550 Lark Spur Way, Las Cruces, NM 88007

$65,000

Land0.85 acre (lot)

550 Lark Spur Way, Las Cruces, NM 88007

Property at 7145 Corlena Ct SW, Albuquerque, NM 87121

$110,000

Land1.22 acres (lot)

7145 Corlena Ct SW, Albuquerque, NM 87121

Property at Valiente Rd NW, Albuquerque, NM 87120

$59,500

Land0.30 acre (lot)

Valiente Rd NW, Albuquerque, NM 87120

Property at Lot 65 Baird Dr, Ranchos De Taos, NM 87557

$100,000

Land3.00 acres (lot)

Lot 65 Baird Dr, Ranchos De Taos, NM 87557

Property at 2228 Cheetah Rd NE, Rio Rancho, NM 87124

$54,950

Land0.50 acre (lot)

2228 Cheetah Rd NE, Rio Rancho, NM 87124

$223,000

Land4.98 acres (lot)

28 Old Rd, Lamy, NM 87540

Property at 6 Peregrine Ct, Santa Fe, NM 87506

$300,000

Land3.51 acres (lot)

6 Peregrine Ct, Santa Fe, NM 87506

Property at TBD Old River Rd Lot 2, Las Cruces, NM 88005

$89,900

Land0.81 acre (lot)

TBD Old River Rd Lot 2, Las Cruces, NM 88005

Property at 14 Blackfoot Trl, Abiquiu, NM 87510

$99,000

Land7.99 acres (lot)

14 Blackfoot Trl, Abiquiu, NM 87510

Property at 7135 Corlena Ct SW, Albuquerque, NM 87121

$110,000

Land1.17 acres (lot)

7135 Corlena Ct SW, Albuquerque, NM 87121

Property at 1961 Cerros Colorados, Santa Fe, NM 87501

$165,000

Land0.95 acre (lot)

1961 Cerros Colorados, Santa Fe, NM 87501

Property at 524 Sequoia Rd, Chaparral, NM 88081

$140,000

Land2.10 acres (lot)

524 Sequoia Rd, Chaparral, NM 88081

Property at 1866 Highway 478, Anthony, NM 88021

$275,000

Land3.00 acres (lot)

1866 Highway 478, Anthony, NM 88021

Property at 5105 Onies Ct NE, Rio Rancho, NM 87144

$52,500

Land0.50 acre (lot)

5105 Onies Ct NE, Rio Rancho, NM 87144

Property at 1412 Tesuque Creek Rd, Santa Fe, NM 87501

$195,000

Land0.35 acre (lot)

1412 Tesuque Creek Rd, Santa Fe, NM 87501

Property at 2506 Istle Rd NE, Rio Rancho, NM 87124

$110,000

Land0.62 acre (lot)

2506 Istle Rd NE, Rio Rancho, NM 87124

Property at 9 Boulder Ln, Cedar Crest, NM 87008

$150,000

Land2.20 acres (lot)

9 Boulder Ln, Cedar Crest, NM 87008

Property at 4016 Old River Rd, Las Cruces, NM 88005

$149,900

Land1.00 acre (lot)

4016 Old River Rd, Las Cruces, NM 88005

Property at 1507 Rockwood, Alamogordo, NM 88310

$59,500

Land0.33 acre (lot)

1507 Rockwood, Alamogordo, NM 88310

Property at L9 B2 Road 1420, La Plata, NM 87418

$35,000

Land1.00 acre (lot)

L9 B2 Road 1420, La Plata, NM 87418

Property at 0 Abeyta Rd SW, Albuquerque, NM 87121

$150,000

Land1.20 acres (lot)

0 Abeyta Rd SW, Albuquerque, NM 87121

Property at xy Black Dog Rd, Silver City, NM 88061

$65,000

Land10.00 acres (lot)

xy Black Dog Rd, Silver City, NM 88061

Property at Lot 44/45 W Elk Dr, Ramah, NM 87321

$78,300

Land11.50 acres (lot)

Lot 44/45 W Elk Dr, Ramah, NM 87321

Property at 2 Lots 11th Ave SW, Rio Rancho, NM 87124

$25,000

Land1.00 acre (lot)

2 Lots 11th Ave SW, Rio Rancho, NM 87124

Property at Sacramento Rd NW, Rio Rancho, NM 87124

$5,900

Land1.63 acres (lot)

Sacramento Rd NW, Rio Rancho, NM 87124

Property at 196 Via Sedillo Rd, Tijeras, NM 87059

$60,000

Land1.50 acres (lot)

196 Via Sedillo Rd, Tijeras, NM 87059

Property at Parkview Hills Lot 29, Rutheron, NM 87551

$19,500

Land3.16 acres (lot)

Parkview Hills Lot 29, Rutheron, NM 87551

Property at TBD Egyptian St Lot 4, Las Cruces, NM 88005

$99,900

Land0.91 acre (lot)

TBD Egyptian St Lot 4, Las Cruces, NM 88005

Property at 512 E 4th St, Roswell, NM 88201

$22,000

Land7,840 sq ft (lot)

512 E 4th St, Roswell, NM 88201

Property at 207 Calais, Tijeras, NM 87059

$92,500

Land5.00 acres (lot)

207 Calais, Tijeras, NM 87059

Property at 0 37th St SW, Rio Rancho, NM 87124

$14,000

Land2.00 acres (lot)

0 37th St SW, Rio Rancho, NM 87124

Property at 2309 3rd St SW, Rio Rancho, NM 87124

$17,000

Land1.19 acres (lot)

2309 3rd St SW, Rio Rancho, NM 87124

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Based on information submitted to the MLS GRID as of Tue Sep 15 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in New Mexico

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