Real Estate Investment Properties for Sale in Espanola, NM

Looking for investment property in Espanola, NM with high ROI ?

Explore a variety of short-term homes & houses in Espanola, NM. Invest wisely with VRBO & Espanola, 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 Espanola, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
314 Calle Lucia Espanola, NM Discover this beautifully maintained 4-bedroom, 2-bath home offering comfort, space, and c...	4 beds \| 2 baths \| 1,879 sq.ft.	$517,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $2493 Airbnb ROI: N/A Traditional ROI: 3.17%
24 Ojito Drive Espanola, NM Discover your dream home in the serene Ojito Estates, just south of Espanola, New Mexico. ...	4 beds \| 3 baths \| 3,301 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $3181 Airbnb ROI: N/A Traditional ROI: 3.91%
798 Calle Romero Espanola, NM This charming adobe home features an open concept kitchen, dining, and family area complet...	3 beds \| 2 baths \| 2,041 sq.ft.	$349,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.33% Airbnb Rental Income: $954 Traditional Rental Income: $2661 Airbnb ROI: 0.07% Traditional ROI: 6.33%
38B Ojito Drive Espanola, NM Discover the charm of Northern New Mexico in this inviting two-bedroom, two-bathroom home....	2 beds \| 2 baths \| 1,736 sq.ft.	$499,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 3.75% Airbnb Rental Income: $566 Traditional Rental Income: $2485 Airbnb ROI: -0.96% Traditional ROI: 3.75%
707 Middle San Pedro Road Espanola, NM Charming Northern New Mexico Home with Water Rights, Rental Income & Easy Access to Los Al...	3 beds \| 2 baths \| 2,155 sq.ft.	$430,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.95% Airbnb Rental Income: $954 Traditional Rental Income: $2610 Airbnb ROI: -0.03% Traditional ROI: 4.95%
813 Sandy Lane Espanola, NM Seller credit of $5,000!!! Welcome to 813 Sandy Lane - a beautifully maintained 3-bedroom,...	3 beds \| 3 baths \| 1,859 sq.ft.	$450,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.56% Airbnb Rental Income: $954 Traditional Rental Income: $2928 Airbnb ROI: 0.05% Traditional ROI: 5.56%
18 Walnut Loop Espanola, NM Welcome to this beautifully renovated home with a detached guest house, nestled on a half ...	4 beds \| 3 baths \| 2,620 sq.ft.	$745,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.01% Airbnb Rental Income: $null Traditional Rental Income: $2378 Airbnb ROI: N/A Traditional ROI: 2.01%
11 Walnut Circle Espanola, NM Priced Under Bank Appraisal. Great location E-Z commute to Los Alamos or Santa Fe. 2,161 s...	4 beds \| 3 baths \| 2,811 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $2836 Airbnb ROI: N/A Traditional ROI: 3.54%
1023 NM 76 Espanola, NM Historic adobe house with 2 adobe apartments. Recently reduced price! Pricing is now under...	3 beds \| 1 baths \| 2,779 sq.ft.	$512,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.76% Airbnb Rental Income: $954 Traditional Rental Income: $2275 Airbnb ROI: -0.72% Traditional ROI: 2.76%
42 Private Drive 1505 Espanola, NM A drive down a private drive will take you to a home that not only offers privacy but offe...	3 beds \| 2 baths \| 1,724 sq.ft.	$350,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.31% Airbnb Rental Income: $954 Traditional Rental Income: $1770 Airbnb ROI: -0.23% Traditional ROI: 3.31%
902 Calle Loma Espanola, NM Charming 2-Bedroom Home with Ample Storage & Great Location! Discover this inviting 2-bedr...	2 beds \| 2 baths \| 1,581 sq.ft.	$275,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 6.58% Airbnb Rental Income: $566 Traditional Rental Income: $2125 Airbnb ROI: -0.53% Traditional ROI: 6.58%
1011 Los Arboles Espanola, NM Built in 2024, this brand-new home in the gated Los Arboles Subdivision blends modern amen...	3 beds \| 2 baths \| 2,200 sq.ft.	$675,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.6% Airbnb Rental Income: $954 Traditional Rental Income: $2671 Airbnb ROI: -0.68% Traditional ROI: 2.6%
1606 E Calle Celestino Espanola, NM Step into this spacious 4-bedroom, 2-bath home in Espanola, NM! The thoughtful floor plan ...	4 beds \| 3 baths \| 2,287 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 5.78%
169 NM 399 Espanola, NM This beautiful property located north of Santa Fe in fertile La Mesilla, features a main c...	5 beds \| 3 baths \| 4,212 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $3242 Airbnb ROI: N/A Traditional ROI: 4.12%
1005A&B N Paseo De Onate Espanola, NM Located down a private drive, on the westside of Espanola, is an opportunity for a great f...	4 beds \| 3 baths \| 2,283 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $2245 Airbnb ROI: N/A Traditional ROI: 3.56%
1511 NM 76 Espanola, NM This longtime family home is full of warmth, character, and potential. Offering 1,800 sq f...	2 beds \| 2 baths \| 1,809 sq.ft.	$264,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 7.5% Airbnb Rental Income: $566 Traditional Rental Income: $2298 Airbnb ROI: -0.59% Traditional ROI: 7.5%
526 Camino Arbolera Espanola, NM Well-maintained and lovingly cared for, this 3-bedroom, 1 3/4-bath home is nestled in an e...	3 beds \| 2 baths \| 1,500 sq.ft.	$355,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.79% Airbnb Rental Income: $954 Traditional Rental Income: $2451 Airbnb ROI: 0.25% Traditional ROI: 5.79%
1717 Desert Vista Drive Espanola, NM 1232 sq ft of luxurious living!! The "Palmer" home is located in The Rio Del Vista Subdivi...	2 beds \| 2 baths \| 1,176 sq.ft.	$274,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 5.84% Airbnb Rental Income: $566 Traditional Rental Income: $1982 Airbnb ROI: -0.72% Traditional ROI: 5.84%
116 N Coronado Espanola, NM Located near the historic Espanola Plaza and Mission Convento - 4-bedroom, 2-bathroom, 231...	4 beds \| 2 baths \| 2,312 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2651 Airbnb ROI: N/A Traditional ROI: 4.56%
36 County Road 126 Espanola, NM Welcome to 36 County Road 126 in La Mesilla! This charming 3-bedroom, 2-bath detached home...	3 beds \| 2 baths \| 2,028 sq.ft.	$620,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.15% Airbnb Rental Income: $954 Traditional Rental Income: $2612 Airbnb ROI: -0.32% Traditional ROI: 3.15%
55 Private Drive 1138 Espanola, NM LOCATION, LOCATION, LOCATION! Charming Northern New Mexico style home located in the desir...	3 beds \| 2 baths \| 2,180 sq.ft.	$525,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.94% Airbnb Rental Income: $954 Traditional Rental Income: $2654 Airbnb ROI: -0.23% Traditional ROI: 3.94%
514 Roman Drive E Espanola, NM Single family home on corner lot, with close proximity to schools, churches, medical facil...	3 beds \| 1 baths \| 920 sq.ft.	$319,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.64% Airbnb Rental Income: $954 Traditional Rental Income: $1836 Airbnb ROI: 0.54% Traditional ROI: 4.64%
1004 Nm 76 Espanola, NM This seven plex is well located in close proximity jobs, retail, restaurants, casinos and ...	3 beds \| N/A baths \| 5,338 sq.ft.	$1,023,993	Airbnb cash on cash: -0.74% Traditional cash on cash: 0.82% Airbnb Rental Income: $954 Traditional Rental Income: $2097 Airbnb ROI: -0.74% Traditional ROI: 0.82%
33 Private Drive 1155 Espanola, NM Welcome to your dream home in La Mesilla, an inviting retreat that blends comfort with pra...	4 beds \| 3 baths \| 2,056 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2886 Airbnb ROI: N/A Traditional ROI: 3.52%
27 Camino Sombra Espanola, NM Tucked away in a serene, private haven far from the hustle and bustle, but only 23 miles f...	3 beds \| 2 baths \| 1,616 sq.ft.	$625,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.6% Airbnb Rental Income: $954 Traditional Rental Income: $2301 Airbnb ROI: -0.31% Traditional ROI: 2.6%
749 S Mccurdy Road Espanola, NM	3 beds \| 1 baths \| 1,839 sq.ft.	$315,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 5.2% Airbnb Rental Income: $954 Traditional Rental Income: $2043 Airbnb ROI: 0.35% Traditional ROI: 5.2%
1810 Vista Place Espanola, NM 4-bedroom Clayton Manufactured home, ideally located in Vista Del Rio Subdivision. Perfect...	4 beds \| 3 baths \| 1,792 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.47% Airbnb Rental Income: $null Traditional Rental Income: $2576 Airbnb ROI: N/A Traditional ROI: 5.47%
1414 Montana Vista Street Espanola, NM This 2,074 sq. ft. adobe home on McCurdy Road is ready for vision and renovation. With 3 b...	3 beds \| 2 baths \| 2,082 sq.ft.	$264,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 9.26% Airbnb Rental Income: $954 Traditional Rental Income: $2797 Airbnb ROI: 0.49% Traditional ROI: 9.26%
49 County Road 126B Espanola, NM Peaceful location with beautiful views of the Black Mesa. This property has so much to off...	3 beds \| 2 baths \| 1,568 sq.ft.	$295,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 6.77% Airbnb Rental Income: $954 Traditional Rental Income: $2279 Airbnb ROI: 0.74% Traditional ROI: 6.77%
1813 Gordon Lane Espanola, NM Welcome to this brand-new 2025 28x68 manufactured home on a permanent foundation, fully qu...	4 beds \| 2 baths \| 1,904 sq.ft.	$382,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $2587 Airbnb ROI: N/A Traditional ROI: 5.79%
705 Angel Duran Drive Espanola, NM Welcome to this beautifully maintained home located near the Rio Grande River in the heart...	3 beds \| 2 baths \| 1,539 sq.ft.	$340,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 5.38% Airbnb Rental Income: $954 Traditional Rental Income: $2384 Airbnb ROI: -0.19% Traditional ROI: 5.38%
1232 CHACOMA Lane Espanola, NM Welcome to your dream home! This stunning two-story residence combines comfort and style w...	4 beds \| 3 baths \| 3,244 sq.ft.	$660,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $3271 Airbnb ROI: N/A Traditional ROI: 3.76%
1009 Calle Lopez Espanola, NM Charming 3-bedroom, 2-bath adobe and frame home in the heart of Espanola, offering 1,782 s...	3 beds \| 2 baths \| 1,782 sq.ft.	$260,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 8.51% Airbnb Rental Income: $954 Traditional Rental Income: $2621 Airbnb ROI: 0.3% Traditional ROI: 8.51%

Real Estate investment in Espanola, NM

There are 33 properties for sale in the city of Espanola . The median list price in Espanola is $429,950 and the average price per square foot is $195. In September 2025, the average monthly cash on cash return in Espanola is 5.00%. The average monthly rental income in Espanola is $2,582.

Espanola, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 33 investment properties available for sale in Espanola.

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

The ROI for Short-Term is higher than the Long-Term in Espanola with average rental income of $954.

Your search for investment property begins and ends here

Investment Property for Sale in Espanola, NM

314 Calle Lucia

Espanola, NM

4 beds | 2 baths | 1,879 sq.ft.

$517,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2493

Airbnb ROI: N/A

Traditional ROI: 3.17%

24 Ojito Drive

Espanola, NM

4 beds | 3 baths | 3,301 sq.ft.

$579,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.91%

Airbnb Rental Income: $null

Traditional Rental Income: $3181

Airbnb ROI: N/A

Traditional ROI: 3.91%

798 Calle Romero

Espanola, NM

3 beds | 2 baths | 2,041 sq.ft.

$349,900

Airbnb cash on cash: 0.07%

Traditional cash on cash: 6.33%

Airbnb Rental Income: $954

Traditional Rental Income: $2661

Airbnb ROI: 0.07%

Traditional ROI: 6.33%

38B Ojito Drive

Espanola, NM

2 beds | 2 baths | 1,736 sq.ft.

$499,900

Airbnb cash on cash: -0.96%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $566

Traditional Rental Income: $2485

Airbnb ROI: -0.96%

Traditional ROI: 3.75%

707 Middle San Pedro Road

Espanola, NM

3 beds | 2 baths | 2,155 sq.ft.

$430,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $954

Traditional Rental Income: $2610

Airbnb ROI: -0.03%

Traditional ROI: 4.95%

813 Sandy Lane

Espanola, NM

3 beds | 3 baths | 1,859 sq.ft.

$450,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $954

Traditional Rental Income: $2928

Airbnb ROI: 0.05%

Traditional ROI: 5.56%

18 Walnut Loop

Espanola, NM

4 beds | 3 baths | 2,620 sq.ft.

$745,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2378

Airbnb ROI: N/A

Traditional ROI: 2.01%

11 Walnut Circle

Espanola, NM

4 beds | 3 baths | 2,811 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2836

Airbnb ROI: N/A