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    Hernandez, NM
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    Hernandez, NM Residential Land & Home Lots for Sale

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    Espanola, NM Chamita, NM Ojo Caliente, NM Abiquiu, NM Medanales, NM La Mesilla, NM Santa Cruz, NM Los Alamos, NM
    11 properties
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    Land with Adobe Structure
    Updated: Feb 15
    Land with Adobe Structure

    19378 US 84, Hernandez, NM 87537

    $124,900
    0.62 AC lot
    Flexible financing with owner willing to sell on a Real Estate Contract.
    Spacious 0.62‑acre lot in Northern New Mexico.
    Cleared lot ready for development, including mobile home placement.
    Unique double adobe structure with potential for storage, workshop, or project space.
    Opportunity to invest in land and possibilities.
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    Adobe Home on Spacious Lot
    Updated: Feb 16
    Adobe Home on Spacious Lot

    19378 US 84, Hernandez, NM 87537

    $124,900
    0.62 AC lot
    Flexible financing available through Real Estate Contract.
    Spacious 0.62‑acre lot in Northern New Mexico.
    Cleared lot ready for development or placement of a mobile home.
    Unique double adobe structure included on the property.
    Existing structure can be used for storage, workshop, or project space.
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    Rural Homesite Land Parcel
    Rural Homesite Land Parcel

    Lot 9 Tres Montes, Hernandez, NM 87537

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    Rural subdivision lot with mobile home allowance and access to nearby public land for hiking and riding.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Rural Homesite with Mountain Views
    Rural Homesite with Mountain Views

    Lot 37 Tres Montes, Hernandez, NM 87537

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    Private, rural lot in a subdivision where mobile homes are allowed and views extend toward the Rio Grande Valley.

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    Rural Homesite Land Parcel
    Rural Homesite Land Parcel

    23 Tres Montes Rd, Hernandez, NM 87537

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    Rural lot within a subdivision with broad views and access to nearby public land for hiking and riding.

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    View-Focused Hilltop Homesite Land
    View-Focused Hilltop Homesite Land

    Lot 33 Tres Montes, Hernandez, NM 87537

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    Rural homesite land with hilltop views of surrounding waterways and valley areas in a private subdivision.

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    Residential Homesite Land
    Residential Homesite Land

    Lot 24 Tres Montes, Hernandez, NM 87537

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    Rural subdivision lot with mobile home allowance and hilltop homesite views of regional waterways and valley.

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    Residential Homesite Land
    Residential Homesite Land

    Lot 34 Tres Montes, Hernandez, NM 87537

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    Rural hilltop homesite offers views and is in a subdivision with adjacent public land access.

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    Rural Homesite with Scenic Views
    Rural Homesite with Scenic Views

    Lot 32 Tres Montes, Hernandez, NM 87537

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    Residential land for sale in a private, rural subdivision with views from nearly every lot.

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    Rural Homesite with Scenic Views
    Rural Homesite with Scenic Views

    Lot 18 Tres Montes, Hernandez, NM 87537

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    Residential lot in a rural subdivision with hilltop homesites and scenic views, and mobile homes allowed.

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    Rural Residential Land Homesite
    Rural Residential Land Homesite

    Lot 5 Tres Montes, Hernandez, NM 87537

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    Residential land parcel within a subdivision allowing mobile homes and offering extensive views of surrounding river valley.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 Active listings in Hernandez, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Half-Acre Land with Development Potential
    Half-Acre Land with Development Potential

    TBD Block 26 Lot 5 Apache Trail, Abiquiu, NM 87510

    Contact for pricing
    0.50 AC lot

    Land suitable for manufactured home or new construction with views.

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    Land for Residential Home
    Land for Residential Home

    Block: 24 Lot 19 Cottonwood ln, Abiquiu, NM 87510

    $30,000
    1.00 AC lot

    One acre of land near El Rito.

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    Land Investment Opportunity in Ojo
    Land Investment Opportunity in Ojo

    Vacant Land, Ojo Caliente, NM 98749

    $472,500
    184.94 AC lot

    Large land parcel suitable for residential development or subdivision.

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    Land Investment Opportunity, Ojo Caliente
    Land Investment Opportunity, Ojo Caliente

    Vacant Land, Ojo Caliente, NM 87549

    $270,000
    63.96 AC lot

    Large land parcel suitable for residential development or subdivision.

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    Hernandez, NM Residential Land & Home Lots Market Trends and Statistics

    Explore 11 residential land & home lots for sale in Hernandez, NM, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 54,014 square feet of properties for sale, with an estimated market value of $249,800.

    Sale prices for home sites in Hernandez, NM average $124,900 — 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 11
    Agricultural land / Farmland 1

    Demographics Overview

    Population 2,030
    Population Growth (5Y) -19.1%
    Median Household Income $40,795
    College Educated 9.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87537 $124.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $23.78 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rio Arriba County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rio Arriba County

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