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

separator

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%
703 Mountain View Espanola, NM Set on a generous .69-acre lot, this charming and versatile home offers space, comfort, an...	3 beds \| 3 baths \| 1,944 sq.ft.	$399,900	Airbnb cash on cash: -1.12% Traditional cash on cash: 5.74% Airbnb Rental Income: $644 Traditional Rental Income: $2917 Airbnb ROI: -1.12% Traditional ROI: 5.74%
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%
38B Ojito Drive Espanola, NM Northern New Mexico charmer is the ideal home for LANL commuters. This inviting 2.5 acre p...	2 beds \| 2 baths \| 1,736 sq.ft.	$499,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 3.75% Airbnb Rental Income: $542 Traditional Rental Income: $2485 Airbnb ROI: -1.01% Traditional ROI: 3.75%
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.	$430,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.86% Airbnb Rental Income: $644 Traditional Rental Income: $2928 Airbnb ROI: -0.54% Traditional ROI: 5.86%
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%
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: -1.26% Traditional cash on cash: 2.76% Airbnb Rental Income: $644 Traditional Rental Income: $2275 Airbnb ROI: -1.26% Traditional ROI: 2.76%
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: -0.61% Traditional cash on cash: 6.58% Airbnb Rental Income: $542 Traditional Rental Income: $2125 Airbnb ROI: -0.61% 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: -1.09% Traditional cash on cash: 2.6% Airbnb Rental Income: $644 Traditional Rental Income: $2671 Airbnb ROI: -1.09% Traditional ROI: 2.6%
24 Ojitos Drive Espanola, NM Discover your dream home in the serene Ojito Estates, just south of Espanola, New Mexico. ...	4 beds \| 3 baths \| 2,226 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $2875 Airbnb ROI: N/A Traditional ROI: 3.75%
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.	$560,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $3242 Airbnb ROI: N/A Traditional ROI: 4.48%
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.	$349,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 5.9% Airbnb Rental Income: $644 Traditional Rental Income: $2451 Airbnb ROI: -0.51% Traditional ROI: 5.9%
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: -0.79% Traditional cash on cash: 5.84% Airbnb Rental Income: $542 Traditional Rental Income: $1982 Airbnb ROI: -0.79% Traditional ROI: 5.84%
821 Vista Pointe Espanola, NM New Construction - Completion in 30 Days! This beautifully designed 3-bedroom, 2-bathroom ...	3 beds \| 2 baths \| 1,702 sq.ft.	$388,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.93% Airbnb Rental Income: $644 Traditional Rental Income: $2295 Airbnb ROI: -0.42% Traditional ROI: 4.93%
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.	$600,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.28% Airbnb Rental Income: $644 Traditional Rental Income: $2612 Airbnb ROI: -0.76% Traditional ROI: 3.28%
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: -0.75% Traditional cash on cash: 3.94% Airbnb Rental Income: $644 Traditional Rental Income: $2654 Airbnb ROI: -0.75% 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.	$249,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 6.19% Airbnb Rental Income: $644 Traditional Rental Income: $1836 Airbnb ROI: -0.13% Traditional ROI: 6.19%
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: -1.01% Traditional cash on cash: 0.82% Airbnb Rental Income: $644 Traditional Rental Income: $2097 Airbnb ROI: -1.01% Traditional ROI: 0.82%
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.	$590,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.81% Airbnb Rental Income: $644 Traditional Rental Income: $2301 Airbnb ROI: -0.73% Traditional ROI: 2.81%
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.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $2587 Airbnb ROI: N/A Traditional ROI: 6.22%
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: -1% Traditional cash on cash: 5.38% Airbnb Rental Income: $644 Traditional Rental Income: $2384 Airbnb ROI: -1% 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%
38 County Rd 119 Espanola, NM Located within beautiful La Mesilla, away from the hustle and bustle of the city. This lar...	4 beds \| 3 baths \| 2,839 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $3001 Airbnb ROI: N/A Traditional ROI: 4.56%
300 Camino Miramontes Espanola, NM Recent full roof service on 10/18/25 with six month warranty! Experience timeless Southwes...	3 beds \| 2 baths \| 1,937 sq.ft.	$375,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 5.67% Airbnb Rental Income: $644 Traditional Rental Income: $2602 Airbnb ROI: -0.73% Traditional ROI: 5.67%
710 Valley Drive Espanola, NM Welcome to this stunningly remodeled Colonial-style home nestled in the heart of Northern ...	4 beds \| 3 baths \| 2,479 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $3327 Airbnb ROI: N/A Traditional ROI: 6.03%
305 A&B Camino Del Sol Espanola, NM Located in Espanola, off of Riverside Drive, is a moderate sized Spanish style, adobe comp...	4 beds \| 3 baths \| 3,564 sq.ft.	$632,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $3458 Airbnb ROI: N/A Traditional ROI: 4.44%
31 County Road 107 Espanola, NM A newly remodeled home, located off a side road, in beautiful La Mesilla, is now available...	3 beds \| 2 baths \| 2,554 sq.ft.	$530,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 4.1% Airbnb Rental Income: $644 Traditional Rental Income: $2726 Airbnb ROI: -0.7% Traditional ROI: 4.1%
608 E Hill Street Espanola, NM	3 beds \| 2 baths \| 1,484 sq.ft.	$315,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 6.81% Airbnb Rental Income: $644 Traditional Rental Income: $2517 Airbnb ROI: -0.51% Traditional ROI: 6.81%
932 E Pueblo Drive Espanola, NM Beautiful home nestled in a prime location off La Jolla Street near Mccurdy area. Offering...	2 beds \| 1 baths \| 1,178 sq.ft.	$330,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.84% Airbnb Rental Income: $542 Traditional Rental Income: $1684 Airbnb ROI: -0.75% Traditional ROI: 3.84%
113 County Road 120 Espanola, NM Welcome to this beautifully updated home nestled on just under an acre in serene La Mesill...	3 beds \| 4 baths \| 3,238 sq.ft.	$548,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 4.97% Airbnb Rental Income: $644 Traditional Rental Income: $3456 Airbnb ROI: -1.11% Traditional ROI: 4.97%

Real Estate investment in Espanola, NM

There are 30 properties for sale in the city of Espanola . The median list price in Espanola is $499,900 and the average price per square foot is $217. In November 2025, the average monthly cash on cash return in Espanola is 4.00%. The average monthly rental income in Espanola is $2,602.

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

There are 30 investment properties available for sale in Espanola.

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

The ROI for Long-Term is higher than the Short-Term in Espanola with average rental income of $2,602.

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%

703 Mountain View

Espanola, NM

3 beds | 3 baths | 1,944 sq.ft.

$399,900

Airbnb cash on cash: -1.12%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $644

Traditional Rental Income: $2917

Airbnb ROI: -1.12%

Traditional ROI: 5.74%

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%

38B Ojito Drive

Espanola, NM

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

$499,900

Airbnb cash on cash: -1.01%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $542

Traditional Rental Income: $2485

Airbnb ROI: -1.01%

Traditional ROI: 3.75%

813 Sandy Lane

Espanola, NM

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

$430,000

Airbnb cash on cash: -0.54%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $644

Traditional Rental Income: $2928

Airbnb ROI: -0.54%

Traditional ROI: 5.86%

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%

1023 NM 76

Espanola, NM

3 beds | 1 baths | 2,779 sq.ft.

$512,000

Airbnb cash on cash: -1.26%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $644

Traditional Rental Income: $2275

Airbnb ROI: -1.26%

Traditional ROI: 2.76%

902 Calle Loma

Espanola, NM

2 beds | 2 baths | 1,581 sq.ft.

$275,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 6.58%

Airbnb Rental Income: $542

Traditional Rental Income: $2125

Airbnb ROI: -0.61%