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Elephant Butte, NM Land for Sale

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Truth Or Consequences, NM T Or C, NM Williamsburg, NM Las Palomas, NM Caballo, NM Cuchillo, NM
Found 33 land listings for sale in Elephant Butte, NM, averaging $165,112/acre. Use valuation data to compare deals faster.
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Commercial Land
Updated: Nov 7
Commercial Land

306 Warm Springs Blvd, Elephant Butte, NM 87935

$150,000
1.05 AC lot
1.05‑acre commercial parcel
Gently sloping terrain
Near I‑25, Elephant Butte Lake, a hospital, schools, and national retailers
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Two-Parcel Commercial Land
Updated: Mar 24
Two-Parcel Commercial Land

102 & 104 Warm Springs Boulevard, Elephant Butte, NM 87935

$200,000
1.15 AC lot
Two commercial parcels totaling 1.15 acres
Zoned C‑2
Existing personal property conveys with the sale
Previously used for storage and a mechanic shop
Located at 102 and 104 Warm Springs Boulevard in Elephant Butte, NM
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Fenced Commercial Land
Fenced Commercial Land

301 Butte Blvd, Elephant Butte, NM 87935

$284,000
2.09 AC lot

The parcel offers views of Elephant Butte Lake and sits beside Elephant Butte Inn.

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Recreation Land with Utilities
Recreation Land with Utilities

327 Mescal Dr, Elephant Butte, NM 87935

$36,000
1,500 sqft

Recreation land for RVs, campers, or a mobile home, with electric, water, and sewer hook-ups and a concrete slab.

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

104 Springland Blvd, Elephant Butte, NM 87935

$40,000
1.00 AC lot

Residential land & home lots · 1.00 Acre

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

106 Canadian Cir, Elephant Butte, NM 87935

Contact for pricing
0.73 AC lot

Residential land & home lots · 0.73 Acres

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

402 Mesa Grande, Elephant Butte, NM 87935

$59,900
0.67 AC lot

Residential land & home lots · 0.67 Acres

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Lakefront Residential Land Lot
Lakefront Residential Land Lot

1003 Skyline DR, Elephant Butte, NM 87935

$33,900
0.49 AC lot

Half-acre lake lot on a paved road with no utilities on site, available with seller financing.

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

225 Mesa Grande Road, Elephant Butte, NM 87935

$75,000
0.44 AC lot

Residential land & home lots · 0.44 Acres

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

1003 Rock Canyon Road, Elephant Butte, NM 87935

$89,000
1.54 AC lot

Land · 1.54 Acres

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Land
Land

200 Springland, Elephant Butte, NM 87935

$233,100

Residential land & home lots

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

801 Country Club St, Elephant Butte, NM 87935

$35,000
0.28 AC lot

Residential land & home lots · 0.28 Acres

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

309 Rio Grande Circle St, Elephant Butte, NM 87935

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0.55 AC lot

Residential land & home lots · 0.55 Acres

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Vacant Land / Lots
Vacant Land / Lots

106 Canadian Cir #67, Elephant Butte, NM 87935

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Residential land & home lots

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

106 Jade Loop St, Elephant Butte, NM 87935

Contact for pricing
0.25 AC lot

Residential land & home lots · 0.25 Acres

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

302 Jade Loop St, Elephant Butte, NM 87935

$32,500
0.30 AC lot

Residential land & home lots · 0.30 Acres

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Land
Land

15-402 Mesa Grande Rd, Elephant Butte, NM 87935

$59,900

Residential land & home lots

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

117 Huron Rd, Elephant Butte, NM 87935

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0.28 AC lot

Residential land & home lots · 0.28 Acres

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Land
Land

402 Mesa Grande #15, Elephant Butte, NM 87935

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Residential land & home lots

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

1 Oro Rd, Elephant Butte, NM 87935

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0.15 AC lot

Residential land & home lots · 0.15 Acres

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Land
Land

122 SAN MATEO AVE, Elephant Butte, NM 87935

$45,000

Residential land & home lots

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

119 Wimberly Way, Elephant Butte, NM 87935

$85,000
0.37 AC lot

Residential land & home lots · 0.37 Acres

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Land/Lot
Land/Lot

104 Kiowa Loop, Elephant Butte, NM 87935

$40,000

Residential land & home lots

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Land, Elephant Butte, NM
Land, Elephant Butte, NM

207 OLYMPIC ST., Elephant Butte, NM 87935

Contact for pricing
0.32 AC lot

Land · 0.32 Acres

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Elephant Butte, NM Land Market Trends and Statistics

Explore 44 land for sale in Elephant Butte, NM, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 1,263,433 square feet of properties for sale, with an estimated market value of $3,660,100.

Sale prices for lots in Elephant Butte, NM start at $32,500, averaging $183,005, and reaching up to $2,043,800 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 10
Commercial land 3
Waterfront Land 1
Recreation land 1

Demographics Overview

Population 1,848
Median Household Income $44,891
College Educated 22.0%

High-Yield Neighborhoods for Investment

Identify Elephant Butte submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Elephant Butte - 87935 $146.5K
Truth or Consequences - 87901 $296.1K

Total CRE Inventory on Market (SF)

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