Residential

La Luz, NM Residential Land & Home Lots for Sale

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Alamogordo, NM High Rolls Mountain Park, NM Tularosa, NM Timberon, NM Cloudcroft, NM Mayhill, NM
LAND - La Luz, NM
Updated: Jun 22
LAND - La Luz, NM

Nogal St lot: Eileen Acres#2, La Luz, NM 88337

$299,500
20.00 AC lot
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Residential Development Land
Updated: Apr 11
Residential Development Land

213 Alamo St., La Luz, NM 88310

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20.00 AC lot
20‑acre residential‑zoned development site
Frontage on Hwy 54 and Hwy 70
Daily traffic count of 15,000
All utilities available to the site: water, sewer, electric, and natural gas
Suitable for multi‑family, mobile home park, or single‑family development (per provided description)
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in La Luz, 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.

Rural Residential Land Parcel
Rural Residential Land Parcel

80 Longfellow, Timberon, NM 88350

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2.00 AC lot

Two-acre parcel in Timberon, NM with mountain views and utilities near the site.

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LAND - Alamogordo, NM
LAND - Alamogordo, NM

35 Canary Lane, Alamogordo, NM 88310

$55,000
5.00 AC lot

Land · 5.00 Acres

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Residential and Business Development Land
Residential and Business Development Land

35 Canary Lane, Alamogordo, NM 88310

$55,000

Land parcel includes electric and a well, offering build-ready utilities for a home or business use.

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Residential Development Lot
Residential Development Lot

76 Cherokee Dr, Timberon, NM 88350

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0.50 AC lot

Half-acre residential lot with city water and electricity located along the south side of the property.

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La Luz, NM Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in La Luz, NM on our real estate platform. These investment opportunities span a total of 1,742,400 square feet of properties for sale, with an estimated market value of $299,500.

Sale prices for home sites in La Luz, NM average $299,500 — 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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Demographics Overview

Population 1,945
Population Growth (5Y) -9.1%
Median Household Income $58,171
College Educated 32.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
88337 $299.5K

Taxes & Financing

Tax Rate (average for all types) 1.95%
Property Tax per SF $93.11 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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