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
6530 Vista De Oro Las Cruces, NM A MUST SEE!! PRICED TO SELL! Spacious 3 bed 4 bath home located in Picacho Hills on a 0.38...	3 beds \| 4 baths \| 3,596 sq.ft.	$659,950	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.51% Airbnb Rental Income: $1467 Traditional Rental Income: $3351 Airbnb ROI: -0.25% Traditional ROI: 3.51%
4480 Maricopa Circle Las Cruces, NM Welcome to this beautifully maintained home in the desirable Sonoma Ranch community! Built...	3 beds \| 2 baths \| 2,215 sq.ft.	$394,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 3.39% Airbnb Rental Income: $1637 Traditional Rental Income: $2029 Airbnb ROI: 1.08% Traditional ROI: 3.39%
3645 Midnight Ridge Drive Las Cruces, NM Southwestern style, a HEATED AND COOLED 3-car garage, and a private corner-lot setting mak...	3 beds \| 3 baths \| 2,693 sq.ft.	$530,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.71% Airbnb Rental Income: $1637 Traditional Rental Income: $1829 Airbnb ROI: 0.39% Traditional ROI: 1.71%
6680 Vista Hermosa Las Cruces, NM Experience the elevated lifestyle of Picacho Hills in this beautifully maintained 4-bedroo...	4 beds \| 3 baths \| 3,263 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2556 Airbnb ROI: N/A Traditional ROI: 3.57%
4280 Venetian Loop Las Cruces, NM HUGE PRICE REDUCTION. Located in the gated community of Sonoma Ranch Estates is this beaut...	4 beds \| 3 baths \| 3,723 sq.ft.	$820,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.7% Airbnb Rental Income: $null Traditional Rental Income: $2085 Airbnb ROI: N/A Traditional ROI: 0.7%
1301 Estancia Court Las Cruces, NM Perched on 1.9 acres in exclusive Picacho Hills, 1301 Estancia Ct is a masterwork of desig...	4 beds \| 6 baths \| 4,884 sq.ft.	$1,275,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.95% Airbnb Rental Income: $null Traditional Rental Income: $4596 Airbnb ROI: N/A Traditional ROI: 1.95%
1253 Oakridge Drive Las Cruces, NM Come home to comfort and charm in this welcoming 3-bedroom 1763 square foot home offering ...	3 beds \| 2 baths \| 1,763 sq.ft.	$285,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.73% Airbnb Rental Income: $1467 Traditional Rental Income: $1886 Airbnb ROI: 1.56% Traditional ROI: 4.73%
3877 Turtle Creek Avenue Las Cruces, NM Welcome to 3877 Turtle Creek Ave! Situated in an established neighborhood in Mesilla Park,...	3 beds \| 2 baths \| 1,810 sq.ft.	$345,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 4.5% Airbnb Rental Income: $1637 Traditional Rental Income: $1906 Airbnb ROI: 2.24% Traditional ROI: 4.5%
4064 Cherry Cider Lane Las Cruces, NM Pride in ownership shines throughout this amazing home, tucked away down a quiet country r...	3 beds \| 3 baths \| 2,216 sq.ft.	$349,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.36% Airbnb Rental Income: $1395 Traditional Rental Income: $2215 Airbnb ROI: 1.58% Traditional ROI: 5.36%
759 Stone Canyon Drive Las Cruces, NM Enjoy Organ Mountain and valley views from this beautiful Southwest-style home in the desi...	3 beds \| 3 baths \| 2,676 sq.ft.	$439,995	Airbnb cash on cash: 1.32% Traditional cash on cash: 4.36% Airbnb Rental Income: $1637 Traditional Rental Income: $2429 Airbnb ROI: 1.32% Traditional ROI: 4.36%
1396 Via Norte Las Cruces, NM This Spanish style home with it's amazing panoramic views of the valley and mountains, is ...	3 beds \| 3 baths \| 3,027 sq.ft.	$585,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.18% Airbnb Rental Income: $1467 Traditional Rental Income: $2470 Airbnb ROI: 0.55% Traditional ROI: 3.18%
4049 Canterra Arc Las Cruces, NM Enjoy easy, low-maintenance living in this beautifully maintained 2-bedroom, 1.75-bath con...	2 beds \| 2 baths \| 1,355 sq.ft.	$265,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.4% Airbnb Rental Income: $932 Traditional Rental Income: $1661 Airbnb ROI: 0.11% Traditional ROI: 4.4%
2755 Boldt Street Las Cruces, NM Elegant Mediterranean Retreat in Mesilla Farms. Discover refined living in this stunning h...	4 beds \| 2 baths \| 1,858 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $2354 Airbnb ROI: N/A Traditional ROI: 3.13%
711 Windmill Drive Las Cruces, NM STOP THE SCROLL... Your new home just hit the market! This 1541 sq. ft., 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,541 sq.ft.	$285,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 4.59% Airbnb Rental Income: $1637 Traditional Rental Income: $1786 Airbnb ROI: 2.31% Traditional ROI: 4.59%
2716 Johnson Street Las Cruces, NM Welcome to 2716 Johnson St., Las Cruces, NM 88005. This move-in ready, recently renovated ...	4 beds \| 2 baths \| 1,920 sq.ft.	$347,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $2264 Airbnb ROI: N/A Traditional ROI: 4.87%
1228 Sonnet Court Las Cruces, NM Unbelievably gorgeous & elegant, this stunning 4-bedroom + office, 4-bath home is filled w...	4 beds \| 4 baths \| 3,343 sq.ft.	$928,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.24% Airbnb Rental Income: $null Traditional Rental Income: $1900 Airbnb ROI: N/A Traditional ROI: 0.24%
140 Horseshoe Circle Las Cruces, NM Welcome to 140 Horshoe Circle in Saddle Creek Est II, where Space, and Versatility come to...	4 beds \| 3 baths \| 3,348 sq.ft.	$595,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.81% Airbnb Rental Income: $1378 Traditional Rental Income: $2653 Airbnb ROI: -0.24% Traditional ROI: 2.81%
6700 Pueblo Vista Las Cruces, NM Spectacular, unobstructed Organ Mountain views take center stage at this meticulously main...	3 beds \| 3 baths \| 3,345 sq.ft.	$785,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.7% Airbnb Rental Income: $1467 Traditional Rental Income: $1917 Airbnb ROI: -0.51% Traditional ROI: 0.7%
3860 Calle Arriba Las Cruces, NM UNBEATABLE INCENTIVE: Sellers are offering a massive $5000 credit to the buyer at closing!...	3 beds \| 2 baths \| 1,542 sq.ft.	$315,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.73% Airbnb Rental Income: $1395 Traditional Rental Income: $1730 Airbnb ROI: 1.18% Traditional ROI: 3.73%
2276 Sedona Hills Parkway Las Cruces, NM Behind a wrought-iron gate and enclosed courtyard, this 2006 Southwest-style home in Bould...	2 beds \| 2 baths \| 1,738 sq.ft.	$395,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3% Airbnb Rental Income: $932 Traditional Rental Income: $1870 Airbnb ROI: -0.46% Traditional ROI: 3%
3712 Santa Minerva Avenue Las Cruces, NM THIS HOME HAS PERSONALITY!!!!!!4 bedrooms. 2 baths. Plus an office. Solar powered. And abs...	4 beds \| 2 baths \| 2,054 sq.ft.	$419,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.6% Airbnb Rental Income: $1378 Traditional Rental Income: $2210 Airbnb ROI: 0.41% Traditional ROI: 3.6%
1171 Warm Springs Lane Las Cruces, NM Located in Sonoma Ranch, this 4 bedroom, 2 bathroom home with a 3 car garage offers a func...	4 beds \| 2 baths \| 1,999 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $2115 Airbnb ROI: N/A Traditional ROI: 4.14%
3665 Balboa Court Las Cruces, NM Welcome to modern Southwestern elegance in the heart of Metro Verde! Built in 2018, this i...	4 beds \| 2 baths \| 1,731 sq.ft.	$347,500	Airbnb cash on cash: 0.86% Traditional cash on cash: 4.1% Airbnb Rental Income: $1378 Traditional Rental Income: $2018 Airbnb ROI: 0.86% Traditional ROI: 4.1%
1070 N Tornillo Street Las Cruces, NM ATTENTION ALL INVESTORS! Nestled in the heart of Las Cruces, this home is a great investme...	2 beds \| 1 baths \| 1,053 sq.ft.	$119,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 7.67% Airbnb Rental Income: $932 Traditional Rental Income: $1187 Airbnb ROI: 2.48% Traditional ROI: 7.67%
4360 Chase Place Las Cruces, NM Discover incredible space, flexibility, and character in this 3,481-square-foot home situa...	4 beds \| 3 baths \| 3,481 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $2576 Airbnb ROI: N/A Traditional ROI: 2.65%
1175 Warm Springs Lane Las Cruces, NM Welcome to this beautifully maintained 3-bedroom, 2-bath home in desirable Sonoma Ranch! T...	3 beds \| 2 baths \| 1,856 sq.ft.	$340,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.31% Airbnb Rental Income: $1637 Traditional Rental Income: $1991 Airbnb ROI: 1.75% Traditional ROI: 4.31%
5972 Leaping Lizard Loop Las Cruces, NM This home has it ALL! This 4 Bed, 2 Bath home offers 2,212SQFT of thoughtfully designed li...	4 beds \| 2 baths \| 2,212 sq.ft.	$339,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.82% Airbnb Rental Income: $1378 Traditional Rental Income: $2126 Airbnb ROI: 1.16% Traditional ROI: 4.82%
1136 Portico Trail Las Cruces, NM Unparalleled mountain views define this stunning home, ideally situated on an oversized cu...	3 beds \| 2 baths \| 2,560 sq.ft.	$599,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.29% Airbnb Rental Income: $1637 Traditional Rental Income: $1829 Airbnb ROI: 0.12% Traditional ROI: 1.29%
5190 Granite Street Las Cruces, NM Welcome to this beautifully updated 3 bedroom, 2.5 bath detached home, offering 2,041 sq f...	3 beds \| 3 baths \| 2,041 sq.ft.	$275,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 5.61% Airbnb Rental Income: $1395 Traditional Rental Income: $1950 Airbnb ROI: 1.84% Traditional ROI: 5.61%
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.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $3415 Airbnb ROI: N/A Traditional ROI: 3.97%
34 Las Casitas Las Cruces, NM Come discover the easy, relaxed lifestyle you've been looking for in the desirable Picacho...	2 beds \| 2 baths \| 2,195 sq.ft.	$359,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.61% Airbnb Rental Income: $933 Traditional Rental Income: $1936 Airbnb ROI: -0.38% Traditional ROI: 3.61%
4669 Mesa Rico Drive Las Cruces, NM This stunning 3 bedroom, 2 bath home showcases the best in style and energy-efficient desi...	4 beds \| 2 baths \| 2,143 sq.ft.	$422,450	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.25% Airbnb Rental Income: $1378 Traditional Rental Income: $2217 Airbnb ROI: 1.07% Traditional ROI: 4.25%
4089 Gila Trail Las Cruces, NM Comfort, charm, and exceptional outdoor living. Featuring 14 solar panels, energy efficien...	4 beds \| 2 baths \| 1,919 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $2028 Airbnb ROI: N/A Traditional ROI: 4.64%
4756 Diamante Court Las Cruces, NM 3 BEDROOM HOME + $3,000 BUYER ALLOWANCE! Looking for a home that combines comfort, conveni...	3 beds \| 2 baths \| 1,310 sq.ft.	$235,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 5.56% Airbnb Rental Income: $1395 Traditional Rental Income: $1727 Airbnb ROI: 2.17% Traditional ROI: 5.56%
4626 Rimrock Drive Las Cruces, NM Discover nearly 2,000 square feet of comfortable, versatile living space in this spacious ...	3 beds \| 3 baths \| 1,996 sq.ft.	$245,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 6.6% Airbnb Rental Income: $1395 Traditional Rental Income: $2035 Airbnb ROI: 2.01% Traditional ROI: 6.6%
1910 Lillian Court Las Cruces, NM Enjoy peaceful country living on this spacious one-acre corner property with room for anim...	3 beds \| 2 baths \| 2,408 sq.ft.	$365,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.05% Airbnb Rental Income: $1395 Traditional Rental Income: $2094 Airbnb ROI: 0.78% Traditional ROI: 4.05%
7920 Apache Canyon Drive Las Cruces, NM Tuscan-inspired architecture, a dual-island kitchen and a detached guest house with kitche...	4 beds \| 6 baths \| 4,315 sq.ft.	$1,100,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 4.83% Airbnb Rental Income: $1378 Traditional Rental Income: $6466 Airbnb ROI: -0.55% Traditional ROI: 4.83%
2329 E Idaho Avenue Las Cruces, NM Welcome to this 4-bedroom, 1-bath home in the Bellamah neighborhood, featuring paid-off so...	4 beds \| 1 baths \| 1,370 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $1574 Airbnb ROI: N/A Traditional ROI: 6.98%
6540 Teal Drake Court Las Cruces, NM **SELLER OFFERING UP TO $11,500 TOWARDS BUYER'S CLOSING COSTS OR MORTGAGE RATE BUYDOWN!!!!...	3 beds \| 3 baths \| 1,988 sq.ft.	$389,400	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.89% Airbnb Rental Income: $1395 Traditional Rental Income: $2052 Airbnb ROI: 0.94% Traditional ROI: 3.89%
4693 Del Norte Court Las Cruces, NM This inviting haven is located in the highly sought after Del Norte subdivision just outsi...	3 beds \| 2 baths \| 1,506 sq.ft.	$310,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.04% Airbnb Rental Income: $1395 Traditional Rental Income: $1794 Airbnb ROI: 1.22% Traditional ROI: 4.04%

Real Estate investment in Las-cruces, NM

There are 542 properties for sale in the city of Las Cruces . The median list price in Las Cruces is $314,850 and the average price per square foot is $152. In November 2026, the average monthly cash on cash return in Las Cruces is 4.00%. The average monthly rental income in Las Cruces is $2,050.

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

There are 542 investment properties available for sale in Las-cruces.

In 2026, the best neighborhood to buy investment property is Dona Ana.

The ROI for Long-Term is higher than the Short-Term in Las-cruces with average rental income of $2,050.

Your search for investment property begins and ends here

Investment Property for Sale in Las Cruces, NM

6530 Vista De Oro

Las Cruces, NM

3 beds | 4 baths | 3,596 sq.ft.

$659,950

Airbnb cash on cash: -0.25%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $1467

Traditional Rental Income: $3351

Airbnb ROI: -0.25%

Traditional ROI: 3.51%

4480 Maricopa Circle

Las Cruces, NM

3 beds | 2 baths | 2,215 sq.ft.

$394,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1637

Traditional Rental Income: $2029

Airbnb ROI: 1.08%

Traditional ROI: 3.39%

3645 Midnight Ridge Drive

Las Cruces, NM

3 beds | 3 baths | 2,693 sq.ft.

$530,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $1637

Traditional Rental Income: $1829

Airbnb ROI: 0.39%

Traditional ROI: 1.71%

6680 Vista Hermosa

Las Cruces, NM

4 beds | 3 baths | 3,263 sq.ft.

$515,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.57%

Airbnb Rental Income: $null

Traditional Rental Income: $2556

Airbnb ROI: N/A

Traditional ROI: 3.57%

4280 Venetian Loop

Las Cruces, NM

4 beds | 3 baths | 3,723 sq.ft.

$820,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2085

Airbnb ROI: N/A

Traditional ROI: 0.7%

1301 Estancia Court

Las Cruces, NM

4 beds | 6 baths | 4,884 sq.ft.

$1,275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.95%

Airbnb Rental Income: $null

Traditional Rental Income: $4596

Airbnb ROI: N/A

Traditional ROI: 1.95%

1253 Oakridge Drive

Las Cruces, NM

3 beds | 2 baths | 1,763 sq.ft.

$285,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1467

Traditional Rental Income: $1886

Airbnb ROI: 1.56%

Traditional ROI: 4.73%

3877 Turtle Creek Avenue

Las Cruces, NM

3 beds | 2 baths | 1,810 sq.ft.

$345,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $1637

Traditional Rental Income: $1906

Airbnb ROI: 2.24%