Real Estate Investment Properties for Sale in Elephant Butte, NM

Looking for investment property in Elephant Butte, NM with high ROI ?

Explore a variety of short-term homes & houses in Elephant Butte, NM. Invest wisely with VRBO & Elephant Butte, NM Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Elephant Butte, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
106 Knox Drive Elephant Butte, NM This charming 3 bed 2 bath 1822 sf ft home located in Elephant Butte offers a relaxing scr...	3 beds \| 2 baths \| 1,822 sq.ft.	$280,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 6.17% Airbnb Rental Income: $960 Traditional Rental Income: $2115 Airbnb ROI: 0.47% Traditional ROI: 6.17%
209 Ave Nido Loop Elephant Butte, NM PANORAMIC VIEWS TO ENJOY FROM INDOORS OR THE COVERED PATIO OUTDOORS! THIS 3 BEDROOM, 2 1/...	3 beds \| 3 baths \| 2,114 sq.ft.	$459,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.7% Airbnb Rental Income: $960 Traditional Rental Income: $2501 Airbnb ROI: -0.7% Traditional ROI: 3.7%
107 Pajaritos Drive Elephant Butte, NM Experience living in this elegant Tuscan home, perfectly situated in Villa Tuscano of Elep...	3 beds \| 3 baths \| 2,545 sq.ft.	$544,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.91% Airbnb Rental Income: $960 Traditional Rental Income: $2413 Airbnb ROI: -0.63% Traditional ROI: 2.91%
300 CATFISH Road Elephant Butte, NM Indulge in the luxurious lifestyle offered by this stunning lake house in Hot Springs Sout...	4 beds \| 4 baths \| 3,289 sq.ft.	$1,450,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $3514 Airbnb ROI: N/A Traditional ROI: 0.98%
13 greer Lane Elephant Butte, NM Welcome to your desert oasis near the sparkling waters of Elephant Butte Lake! This charmi...	3 beds \| 2 baths \| 1,200 sq.ft.	$210,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 6.6% Airbnb Rental Income: $960 Traditional Rental Income: $1641 Airbnb ROI: 1.43% Traditional ROI: 6.6%
312 Ocotillo Drive Elephant Butte, NM Nice double wide with double lot property! Granite countertops in the kitchen and bathroom...	3 beds \| 2 baths \| 1,960 sq.ft.	$194,500	Airbnb cash on cash: 1.42% Traditional cash on cash: 9.36% Airbnb Rental Income: $960 Traditional Rental Income: $2079 Airbnb ROI: 1.42% Traditional ROI: 9.36%
506 Catfish Road Elephant Butte, NM Exceptional Lakefront Property with Panoramic Elephant Butte Lake Views Discover the perfe...	2 beds \| 2 baths \| 1,941 sq.ft.	$350,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 5.29% Airbnb Rental Income: $772 Traditional Rental Income: $2425 Airbnb ROI: -0.7% Traditional ROI: 5.29%
107 Huron Drive Elephant Butte, NM Welcome to 107 Huron! This immaculate home is well maintained and newly remodeled from top...	2 beds \| 1 baths \| 768 sq.ft.	$329,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.91% Airbnb Rental Income: $772 Traditional Rental Income: $1388 Airbnb ROI: -0.11% Traditional ROI: 2.91%
114 Canadian Circle Street Elephant Butte, NM Live, work, & entertain in this delightful open concept 3-bedroom 2-bath home with an abun...	3 beds \| 2 baths \| 1,700 sq.ft.	$299,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 5.01% Airbnb Rental Income: $960 Traditional Rental Income: $2072 Airbnb ROI: -0.18% Traditional ROI: 5.01%
11 Arabian Lane Elephant Butte, NM Stunning 2-Story Home with Walk-Out Basement on 2.7 Acres - Lake & Mountain Views! Don't m...	4 beds \| 3 baths \| 3,281 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2861 Airbnb ROI: N/A Traditional ROI: 3.44%
68 Arabian Lane Elephant Butte, NM Exceptional Contemporary Residence with Breathtaking Mountain Vistas Discover this meticul...	2 beds \| 1 baths \| 1,120 sq.ft.	$289,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.85% Airbnb Rental Income: $772 Traditional Rental Income: $1831 Airbnb ROI: -0.19% Traditional ROI: 4.85%
105 La Punta Road Elephant Butte, NM WELCOME TO YOUR DREAM ESCAPE AT THE MOST AFFORDABLE ASKING PRICE IN ELEPHANT BUTTE'S PREST...	2 beds \| 2 baths \| 1,685 sq.ft.	$335,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 5.14% Airbnb Rental Income: $772 Traditional Rental Income: $2171 Airbnb ROI: -0.31% Traditional ROI: 5.14%
601 Country Club Drive Elephant Butte, NM Exceptional Mountain View Residence with Unparalleled Amenities Discover the perfect blend...	3 beds \| 3 baths \| 2,011 sq.ft.	$190,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 11.76% Airbnb Rental Income: $960 Traditional Rental Income: $2539 Airbnb ROI: 1.09% Traditional ROI: 11.76%

Real Estate investment in Elephant-butte, NM

There are 13 properties for sale in the city of Elephant Butte . The median list price in Elephant Butte is $332,000 and the average price per square foot is $159. In November 2025, the average monthly cash on cash return in Elephant Butte is 5.00%. The average monthly rental income in Elephant Butte is $2,292.

Elephant-butte, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 13 investment properties available for sale in Elephant-butte.

In 2025, the best neighborhood to buy investment property is Elephant Butte.

The ROI for Short-Term is higher than the Long-Term in Elephant-butte with average rental income of $960.

Your search for investment property begins and ends here

Investment Property for Sale in Elephant Butte, NM

106 Knox Drive

Elephant Butte, NM

3 beds | 2 baths | 1,822 sq.ft.

$280,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $960

Traditional Rental Income: $2115

Airbnb ROI: 0.47%

Traditional ROI: 6.17%

209 Ave Nido Loop

Elephant Butte, NM

3 beds | 3 baths | 2,114 sq.ft.

$459,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $960

Traditional Rental Income: $2501

Airbnb ROI: -0.7%

Traditional ROI: 3.7%

107 Pajaritos Drive

Elephant Butte, NM

3 beds | 3 baths | 2,545 sq.ft.

$544,000

Airbnb cash on cash: -0.63%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $960

Traditional Rental Income: $2413

Airbnb ROI: -0.63%

Traditional ROI: 2.91%

300 CATFISH Road

Elephant Butte, NM

4 beds | 4 baths | 3,289 sq.ft.

$1,450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.98%

Airbnb Rental Income: $null

Traditional Rental Income: $3514

Airbnb ROI: N/A

Traditional ROI: 0.98%

13 greer Lane

Elephant Butte, NM

3 beds | 2 baths | 1,200 sq.ft.

$210,000

Airbnb cash on cash: 1.43%

Traditional cash on cash: 6.6%

Airbnb Rental Income: $960

Traditional Rental Income: $1641

Airbnb ROI: 1.43%

Traditional ROI: 6.6%

312 Ocotillo Drive

Elephant Butte, NM

3 beds | 2 baths | 1,960 sq.ft.

$194,500

Airbnb cash on cash: 1.42%

Traditional cash on cash: 9.36%

Airbnb Rental Income: $960

Traditional Rental Income: $2079

Airbnb ROI: 1.42%

Traditional ROI: 9.36%

506 Catfish Road

Elephant Butte, NM

2 beds | 2 baths | 1,941 sq.ft.

$350,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $772

Traditional Rental Income: $2425

Airbnb ROI: -0.7%

Traditional ROI: 5.29%

107 Huron Drive

Elephant Butte, NM

2 beds | 1 baths | 768 sq.ft.

$329,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $772

Traditional Rental Income: $1388

Airbnb ROI: -0.11%