Tucked away in the southern reaches of New Mexico, Las Cruces offers a promising landscape for real estate investors. This sun-drenched city boasts a unique combination of affordability, a growing job market, and a relaxed desert lifestyle, making it an attractive location to put your money.
Developed neighborhoods like University Meadows and Mesilla Park Manor attract students, young professionals, and budget-minded renters. Investors looking for a more upscale market will find luxurious single-family homes and gated communities in areas like Sonoma Ranch and The Villages at La Jolla, which target retirees and established families.
Las Cruces' economy benefits from a strong anchor in New Mexico State University, employing a large portion of the city's workforce. White Sands Missile Range, Memorial Medical Center, and Virgin Galactic also contribute to the diverse job market.
Residents and visitors who love being in nature flock to the otherworldly beauty of White Sands National Park and can hike the scenic Organ Mountains. Space tourism company Virgin Galactic's presence positions Las Cruces at the forefront of a potentially booming industry, likely leading to rising property values and a lucrative return on investment.
Popular Streets in Las Cruces, New Mexico
Camino Dos Vidas17832$309,3711,736 Sq.Ft.3/24/2025Dona Ana Rd45132$355,1752,532 Sq.Ft.5/9/2025El Camino Real35164$326,3896,417 Sq.Ft.2/28/2025Hadley Ave35632$269,5053,305 Sq.Ft.10/28/2024Holiday Ave25242$207,7144,152 Sq.Ft.6/8/2022Morning Star Dr29522$331,7671,334 Sq.Ft.5/28/2025Porter Dr16332$276,7651,562 Sq.Ft.2/28/2025Sonoma Springs Ave25722$231,333980 Sq.Ft.2/20/2025Stern Dr18254$346,8465,205 Sq.Ft.12/9/2024Valley Dr29532$441,4256,650 Sq.Ft.3/24/2025All Streets in Las Cruces, New Mexico
Yavapai Ct2732$528,0002,448 Sq.Ft.5/26/2025Yellowstone Dr2632$365,2692,161 Sq.Ft.1/13/2025Yeso Ln332$383,0002,164 Sq.Ft.12/4/2003Yestereve Ln1932$329,2631,723 Sq.Ft.5/27/2025Ysidro Rd1N/AN/AN/AN/AN/AYsleta Ct4632$294,0431,582 Sq.Ft.6/12/2025Yucca Hts432$307,7501,354 Sq.Ft.N/AYuma St2032$341,0002,071 Sq.Ft.10/28/2021Zacatecas Ct1243$333,9172,020 Sq.Ft.5/14/2025Zachary Ln2032$282,4741,545 Sq.Ft.3/17/2022Zeno Pl3232$309,1251,765 Sq.Ft.6/5/2024Zephyr St1332$286,9231,633 Sq.Ft.7/24/2024Zeus Ave1642$148,3571,090 Sq.Ft.6/9/2025Zia Blvd6N/AN/AN/A33,876 Sq.Ft.N/AZircon Ct942$201,0001,284 Sq.Ft.4/29/2021Zorro Trl1043$647,2223,155 Sq.Ft.3/3/2022Zule Pl232$314,0001,791 Sq.Ft.8/15/2012Zuni23N/AN/A$259,0771,523 Sq.Ft.2/14/2003350 School StHatch, NM 87937
Estimated Value $219,000
Living Area 1,500 SqFt
Beds 3
Baths 2
Year Built 1960
Property Type Single Family
Ownership Type Related
APN 11-00306
Subdivision Weilers 2nd Addn 11
School District Hatch Valley Municipal Schools
428 Adams StHatch, NM 87937
Estimated Value $236,000
Living Area 1,316 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 11-00342
Subdivision Weilers 2nd Addn 11
School District Hatch Valley Municipal Schools
150 E Hill StHatch, NM 87937
Estimated Value $240,000
Living Area 1,135 SqFt
Beds 3
Baths 1
Year Built 1955
Property Type Single Family
Ownership Type Related
APN 11-00094
Subdivision Clapp Addition Of Hatch
School District Hatch Valley Municipal Schools
776 Railroad RdHatch, NM 87937
Estimated Value $287,000
Living Area 2,160 SqFt
Beds 4
Baths 3
Year Built 2004
Property Type Farm land
Ownership Type Multiple
APN 11-00645
Neighborhood
N/A
School District Hatch Valley Municipal Schools
327 Adams StHatch, NM 87937
Estimated Value $237,000
Living Area 1,224 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Related
APN 11-00482
Subdivision Usrs Survs G1-77
School District Hatch Valley Municipal Schools
12021 N Valley DrRadium Springs, NM 88054
Estimated Value $290,000
Living Area 1,441 SqFt
Beds 3
Baths 2
Year Built 1989
Property Type Single Family
Ownership Type Related
APN 03-17799
Subdivision Usrs 1-1
School District Las Cruces Public Schools
32500 Highway 185Hatch, NM 87937
Estimated Value $208,000
Living Area 1,296 SqFt
Beds 3
Baths 2
Year Built 2003
Property Type Single Family
Ownership Type Individual
APN 12-03309
Subdivision Part/Usrs H-54
School District Hatch Valley Municipal Schools
680 B B Romig Dr #1Hatch, NM 87937
Estimated Value $197,000
Living Area 1,446 SqFt
Beds 3
Baths 2
Year Built 1945
Property Type Single Family
Ownership Type Related
APN 12-01322
Neighborhood
N/A
School District Hatch Valley Municipal Schools
26500 Highway 185Hatch, NM 87937
Estimated Value $443,000
Living Area 2,890 SqFt
Beds 3
Baths 2.5
Year Built 1994
Property Type Single Family
Ownership Type Individual
APN 12-03777
Subdivision Usglo Surveys
School District Hatch Valley Municipal Schools
14 Rio Norte DrRadium Springs, NM 88054
Estimated Value $653,000
Living Area 4,144 SqFt
Beds 5
Baths 3.5
Year Built 2017
Property Type Single Family
Ownership Type Related
APN 03-25199
Subdivision North Valley Estates
School District Las Cruces Public Schools
31505 Highway 185Hatch, NM 87937
Estimated Value $574,000
Living Area 5,696 SqFt
Beds 4
Baths 3.5
Year Built 2021
Property Type Farm land
Ownership Type Individual
APN 12-00518
Subdivision Usrs Surveys H-67a
School District Hatch Valley Municipal Schools
26550 Highway 185Hatch, NM 87937
Estimated Value $312,000
Living Area 2,414 SqFt
Beds 4
Baths 2.5
Year Built 2007
Property Type Single Family
Ownership Type Individual
APN 12-03636
Subdivision Peaceful Valley Estates
School District Hatch Valley Municipal Schools
318 Jose Serna St #1Rodey, NM 87937
Estimated Value $158,000
Living Area 975 SqFt
Beds 3
Baths 1
Year Built 1945
Property Type Single Family
Ownership Type Related
APN 12-00732
Neighborhood
N/A
School District Hatch Valley Municipal Schools
302 County Road E-028Hatch, NM 87937
Estimated Value $258,000
Living Area 2,318 SqFt
Beds 4
Baths 1.5
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 11-00628
Subdivision Usrs G1-34a
School District Hatch Valley Municipal Schools
892 E Hall StHatch, NM 87937
Estimated Value $222,000
Living Area 1,712 SqFt
Beds 3
Baths 1
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 11-00017
Subdivision Starr Acres
School District Hatch Valley Municipal Schools
2505 Kit Carson Rd #1Rincon, NM 87940
Estimated Value $474,000
Living Area 3,558 SqFt
Beds 3
Baths 2
Year Built 2002
Property Type Single Family
Ownership Type Related
APN 12-03566
Neighborhood
N/A
School District Las Cruces Public Schools