Real Estate Investment Properties for Sale in Las Cruces, NM

Looking for investment property in Las Cruces, NM with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1165 Cave Springs Trail Las Cruces, NM Located in the heart of Sonoma Ranch, this well-maintained home offers approximately 1,802...	3 beds \| 2 baths \| 1,802 sq.ft.	$369,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.81% Airbnb Rental Income: $1500 Traditional Rental Income: $2048 Airbnb ROI: 0.97% Traditional ROI: 3.81%
3680 Santa Cecilia Avenue Las Cruces, NM Stunning Industrial-Style Home in great Condition! Pride of ownership shines throughout t...	3 beds \| 2 baths \| 1,596 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $2109 Airbnb ROI: N/A Traditional ROI: 4.25%
4622 Rimrock Drive Las Cruces, NM Seller is offering $4000 towards buyer closing costs or prepaids! This very well-maintaine...	3 beds \| 3 baths \| 1,662 sq.ft.	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $1991 Airbnb ROI: N/A Traditional ROI: 5.55%
2993 Escenico Court Las Cruces, NM This 4-bedroom, 2.5-bath home offers 2,428 sq ft and is tucked away on a cul-de-sac with b...	4 beds \| 3 baths \| 2,428 sq.ft.	$410,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $2611 Airbnb ROI: N/A Traditional ROI: 4.76%
3205 Risner Street Las Cruces, NM This home is unique. With curved walls and roof top windows this home shows how different ...	3 beds \| 2 baths \| 1,686 sq.ft.	$250,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 5.82% Airbnb Rental Income: $1500 Traditional Rental Income: $1891 Airbnb ROI: 2.3% Traditional ROI: 5.82%
1320 Morisat Place Las Cruces, NM This stunning, solar powered home has the most amazing mountain, valley and city lights vi...	3 beds \| 3 baths \| 2,280 sq.ft.	$620,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.19% Airbnb Rental Income: $1646 Traditional Rental Income: $2400 Airbnb ROI: 0.09% Traditional ROI: 2.19%
1229 Titania Court Las Cruces, NM Southwestern Luxury Estate with Breathtaking 360 Views - HUGE Price Reduction! Welcome to ...	4 beds \| 4 baths \| 4,510 sq.ft.	$975,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 2.01% Airbnb Rental Income: $631 Traditional Rental Income: $3592 Airbnb ROI: -1.58% Traditional ROI: 2.01%
4679 Arabela Drive Las Cruces, NM Welcome to this freshly renovated home offering the perfect mix of comfort and convenience...	3 beds \| 2 baths \| 1,372 sq.ft.	$297,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $1869 Airbnb ROI: N/A Traditional ROI: 4.56%
2244 Calais Avenue Las Cruces, NM Pretty house in Sonoma Ranch West, close to parks, schools, golf course and more! This on...	4 beds \| 2 baths \| 2,320 sq.ft.	$406,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.49% Airbnb Rental Income: $1284 Traditional Rental Income: $2283 Airbnb ROI: -0.2% Traditional ROI: 3.49%
2620 Ardis Drive Las Cruces, NM On this .25 acre lot, enjoy large back yard with RV access and storage shed plus 2 car gar...	4 beds \| 2 baths \| 1,544 sq.ft.	$250,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 6.5% Airbnb Rental Income: $1284 Traditional Rental Income: $1989 Airbnb ROI: 1.81% Traditional ROI: 6.5%
5365 Redman Road Las Cruces, NM Welcome to this beautifully designed 2,505 sq ft home featuring a modern Southwest aesthet...	4 beds \| 3 baths \| 2,505 sq.ft.	$625,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.51% Airbnb Rental Income: $1284 Traditional Rental Income: $2214 Airbnb ROI: 0.22% Traditional ROI: 2.51%
1066 Mormon Drive Las Cruces, NM Up to$5K seller incentive to buyer with acceptable offer. Discover an exceptional opportun...	2 beds \| 3 baths \| 2,028 sq.ft.	$294,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.81% Airbnb Rental Income: $1209 Traditional Rental Income: $2197 Airbnb ROI: 0.83% Traditional ROI: 5.81%
2755 Boldt Street Las Cruces, NM Elegant Mediterranean Retreat in Mesilla Farms. Discover refined living in this stunning h...	4 beds \| 2 baths \| 2,087 sq.ft.	$529,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 2.64% Airbnb Rental Income: $631 Traditional Rental Income: $2354 Airbnb ROI: -1.44% Traditional ROI: 2.64%
631 N Tornillo Street Las Cruces, NM Charming Adobe Home Near Downtown Las Cruces! Just blocks from the vibrant heart of Downto...	3 beds \| 2 baths \| 1,087 sq.ft.	$217,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 4.64% Airbnb Rental Income: $1500 Traditional Rental Income: $1415 Airbnb ROI: 2.91% Traditional ROI: 4.64%
6215 Lazo Del Norte Las Cruces, NM Be transported to another level of home!This top of the line estate has everything you cou...	3 beds \| 5 baths \| 6,022 sq.ft.	$1,700,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.82% Airbnb Rental Income: $1500 Traditional Rental Income: $4289 Airbnb ROI: -1.23% Traditional ROI: 0.82%
1501 Windmill Road Las Cruces, NM Looking for space and possibilities? This permanent ground set mobile home offers2240 squa...	4 beds \| 2 baths \| 2,240 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.68% Airbnb Rental Income: $null Traditional Rental Income: $2022 Airbnb ROI: N/A Traditional ROI: 7.68%
2716 Johnson Street Las Cruces, NM 4 Bd 2 Bath 1,920 sqft Year Built: 197711,499 sqft Lot 0.26 acreElks AreaRecently Reno...	4 beds \| 2 baths \| 1,920 sq.ft.	$269,500	Airbnb cash on cash: -0.84% Traditional cash on cash: 6.75% Airbnb Rental Income: $631 Traditional Rental Income: $2264 Airbnb ROI: -0.84% Traditional ROI: 6.75%
2595 Webb Road Las Cruces, NM Serenity, Views, and Space--just minutes from town! This expansive 2.35-acre property offe...	3 beds \| 4 baths \| 2,826 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $3098 Airbnb ROI: N/A Traditional ROI: 4.78%
1735 Baldwin Drive Las Cruces, NM Discover charm and convenience in this beautifully maintained 3-bedroom, 2-bath home, idea...	3 beds \| 2 baths \| 1,083 sq.ft.	$205,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.82% Airbnb Rental Income: $1500 Traditional Rental Income: $1380 Airbnb ROI: 3.18% Traditional ROI: 4.82%
3105 Rio Arriza Loop Las Cruces, NM Discover comfort and space in this beautifully designed two-story home offering 2,604 squa...	4 beds \| 3 baths \| 2,602 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2498 Airbnb ROI: N/A Traditional ROI: 4.62%
3103 Rio Arriza Loop Las Cruces, NM Step into your future home! This beautiful contemporary 3 bedroom, 2 bathroom home is a pe...	3 beds \| 2 baths \| 1,397 sq.ft.	$287,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $1922 Airbnb ROI: N/A Traditional ROI: 4.96%
2848 Diamond Springs Drive Las Cruces, NM Views, space, and a $10K update bonus; this Sonoma Ranch home has it all. Enjoy two primar...	3 beds \| 3 baths \| 2,784 sq.ft.	$487,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 4.13% Airbnb Rental Income: $1500 Traditional Rental Income: $2859 Airbnb ROI: 0.18% Traditional ROI: 4.13%
3031 San Lorenzo Avenue Las Cruces, NM Step right into cozy comfort in this thoughtfully designed 3 bedroom, 2.5 bath home in Las...	3 beds \| 3 baths \| 1,666 sq.ft.	$275,500	Airbnb cash on cash: 2.4% Traditional cash on cash: 5.99% Airbnb Rental Income: $1646 Traditional Rental Income: $2115 Airbnb ROI: 2.4% Traditional ROI: 5.99%
2855 Lake Valley Avenue Las Cruces, NM Step inside this spacious and versatile 3-bedroom, 2.5-bath home featuring two living area...	3 beds \| 3 baths \| 2,238 sq.ft.	$279,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 6.7% Airbnb Rental Income: $1646 Traditional Rental Income: $2333 Airbnb ROI: 2.34% Traditional ROI: 6.7%
5041 Calle Verde Las Cruces, NM This beautiful 1,526 square foot home features 3 bedrooms and 2 bathrooms. It showcases a ...	3 beds \| 2 baths \| 1,526 sq.ft.	$282,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $1855 Airbnb ROI: N/A Traditional ROI: 4.83%
3379 Chimney Rock Road Las Cruces, NM Welcome to 3379 Chimney Rock Rd! This charming 3 bedroom, 2 bathroom home features classic...	3 beds \| 2 baths \| 1,625 sq.ft.	$295,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.4% Airbnb Rental Income: $1500 Traditional Rental Income: $2008 Airbnb ROI: 1.99% Traditional ROI: 5.4%
3015 Fairway Drive Las Cruces, NM Charming 3BR/2BA, 2,158 sq ft home on a 1/3-acre lot with office and 276 sq ft game/bonus ...	3 beds \| 2 baths \| 2,158 sq.ft.	$319,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.9% Airbnb Rental Income: $1500 Traditional Rental Income: $2290 Airbnb ROI: 1.8% Traditional ROI: 5.9%
5073 Rock House Road Las Cruces, NM IDEAL multi-generational home. Custom-built, well designed, low maintenance 4,497 sq. ft....	4 beds \| 4 baths \| 4,497 sq.ft.	$749,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.32% Airbnb Rental Income: $1284 Traditional Rental Income: $3415 Airbnb ROI: -0.31% Traditional ROI: 3.32%
3126 Rio Arriza Loop Las Cruces, NM Charming and Bright! This beautifully maintained 3-bedroom, 2-bathroom home offers a spaci...	3 beds \| 2 baths \| 1,761 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2224 Airbnb ROI: N/A Traditional ROI: 5.78%
5260 Angel Fire Place Las Cruces, NM Welcome to this stunning custom-built home by Casa Fina Builders, located in the desirable...	4 beds \| 3 baths \| 3,136 sq.ft.	$595,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.17% Airbnb Rental Income: $1284 Traditional Rental Income: $2853 Airbnb ROI: -0.38% Traditional ROI: 3.17%
2914 Bink Place Las Cruces, NM Welcome home to this adorable, well-kept, 4 bedroom, 2.5 bathroom home with an east facin...	4 beds \| 3 baths \| 2,010 sq.ft.	$429,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 4.07% Airbnb Rental Income: $1284 Traditional Rental Income: $2451 Airbnb ROI: 0.17% Traditional ROI: 4.07%
5805 Desert Mesa Place Las Cruces, NM Southwestern style on a corner lot -This 3 bed, 2.5 bath DR Horton home features 2,154 sq ...	3 beds \| 4 baths \| 2,154 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $2514 Airbnb ROI: N/A Traditional ROI: 7.07%
5833 Coyote Flats Street Las Cruces, NM What a whistle-clean, super well-maintained 4 bedroom gem of a home! It boasts great curb ...	4 beds \| 2 baths \| 1,858 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 5.37%
4350 Kachina Canyon Road Las Cruces, NM	5 beds \| 3 baths \| 2,693 sq.ft.	$325,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 6.68% Airbnb Rental Income: $1756 Traditional Rental Income: $2685 Airbnb ROI: 2.07% Traditional ROI: 6.68%
1929 El Segundo Trail Las Cruces, NM Welcome to 1929 El Segundo--a beautifully maintained 3-bedroom, 1.75-bathroom home, just m...	3 beds \| 2 baths \| 2,175 sq.ft.	$409,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.86% Airbnb Rental Income: $1500 Traditional Rental Income: $2242 Airbnb ROI: 0.78% Traditional ROI: 3.86%
7146 CAMINO BLANCO Las Cruces, NM This home offers the layout that gives everyone their own space while still bringing every...	4 beds \| 4 baths \| 3,020 sq.ft.	$544,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 4.05% Airbnb Rental Income: $631 Traditional Rental Income: $3064 Airbnb ROI: -1.32% Traditional ROI: 4.05%
342 N Armijo Street Las Cruces, NM Discover the charm and sustainability of this 2009 built, exceptional Rammed Earth home--a...	3 beds \| 3 baths \| 2,114 sq.ft.	$490,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.18% Airbnb Rental Income: $1646 Traditional Rental Income: $2373 Airbnb ROI: 0.58% Traditional ROI: 3.18%
2745 Boldt Street Las Cruces, NM This exquisite home is the definition of timeless Southwestern charm and relaxed elegance....	3 beds \| 2 baths \| 2,148 sq.ft.	$529,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.68% Airbnb Rental Income: $1646 Traditional Rental Income: $2173 Airbnb ROI: 0.68% Traditional ROI: 2.68%
1430 Georgianna Court Las Cruces, NM Welcome to your dream home! Nestled in a quiet cul-de-sac, this stunning 3-bedroom, 3-bath...	3 beds \| 3 baths \| 2,898 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $2489 Airbnb ROI: N/A Traditional ROI: 5.51%
2131 Sagecrest Avenue Las Cruces, NM Spacious and bright 2-bed, 2-bath Southwestern-style home just off Roadrunner--move-in rea...	2 beds \| 2 baths \| 1,472 sq.ft.	$257,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.22% Airbnb Rental Income: $1209 Traditional Rental Income: $1794 Airbnb ROI: 1.2% Traditional ROI: 5.22%

Real Estate investment in Las-cruces, NM

There are 590 properties for sale in the city of Las Cruces . The median list price in Las Cruces is $350,000 and the average price per square foot is $163. In September 2025, the average monthly cash on cash return in Las Cruces is 5.00%. The average monthly rental income in Las Cruces is $2,228.

Las-cruces, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 590 investment properties available for sale in Las-cruces.

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

The ROI for Long-Term is higher than the Short-Term in Las-cruces with average rental income of $2,228.

Your search for investment property begins and ends here

Investment Property for Sale in Las Cruces, NM

1165 Cave Springs Trail

Las Cruces, NM

3 beds | 2 baths | 1,802 sq.ft.

$369,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $1500

Traditional Rental Income: $2048

Airbnb ROI: 0.97%

Traditional ROI: 3.81%

3680 Santa Cecilia Avenue

Las Cruces, NM

3 beds | 2 baths | 1,596 sq.ft.

$355,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2109

Airbnb ROI: N/A

Traditional ROI: 4.25%

4622 Rimrock Drive

Las Cruces, NM

3 beds | 3 baths | 1,662 sq.ft.

$274,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.55%

Airbnb Rental Income: $null

Traditional Rental Income: $1991

Airbnb ROI: N/A

Traditional ROI: 5.55%

2993 Escenico Court

Las Cruces, NM

4 beds | 3 baths | 2,428 sq.ft.

$410,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2611

Airbnb ROI: N/A

Traditional ROI: 4.76%

3205 Risner Street

Las Cruces, NM

3 beds | 2 baths | 1,686 sq.ft.

$250,000

Airbnb cash on cash: 2.3%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $1500

Traditional Rental Income: $1891

Airbnb ROI: 2.3%

Traditional ROI: 5.82%

1320 Morisat Place

Las Cruces, NM

3 beds | 3 baths | 2,280 sq.ft.

$620,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $1646

Traditional Rental Income: $2400

Airbnb ROI: 0.09%

Traditional ROI: 2.19%

1229 Titania Court

Las Cruces, NM

4 beds | 4 baths | 4,510 sq.ft.

$975,000

Airbnb cash on cash: -1.58%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $631

Traditional Rental Income: $3592

Airbnb ROI: -1.58%

Traditional ROI: 2.01%

4679 Arabela Drive

Las Cruces, NM

3 beds | 2 baths | 1,372 sq.ft.

$297,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.56%

Airbnb Rental Income: $null

Traditional Rental Income: $1869

Airbnb ROI: N/A