Three Bedroom New Mexico Spanish Style Home For Sale $140K
$140,000
This classic New Mexico Spanish style home is full of potential and ready for a fresh touch! While the gas furnace could use an update, the forced warm air ducting is already in place. Inside, you’ll find a spacious living room, a separate dining area, a generous kitchen with a pantry/utility room, and a convenient half bath—just waiting for your vision to bring it back to life.

Realtor Comments
Classic Territorial Style stucco house in Downtown Deming, near hospital and schools. Bonus room off kitchen/utility room w/outside access to driveway. 3 bedrooms and one bath, hard wood floors, Super large rear yard with trees, fenced. Beautiful tree lines. Easy access downtown for shopping, movie theatre, Tree lake and activities. Also to the I-10 to Las Cruces, Lordsburg and Airport at El Paso, Texas. Silver City to the North and Columbus NM directly south.
- 3bed
- 1.5bath
- 1,714sqft
- 9,940sqft lot

606 S Lead St, Deming, NM 88030 $140,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Michele Shillito

Pros
• Low Cost of Living & Affordable Housing
-
Living expenses are around 20–28% below the U.S. average, with median home prices near $88K–114K and rent about $478–1,160/month
• Close‑Knit Community & Family‑Friendly Amenities
-
Deming has a hometown feel, family-focused with parks, splash pads, a bowling alley, youth sports, and annual events like the Duck Race
-
Residents highlight friendliness.
• Prime Location for Outdoor Lovers & Commuters
-
Near Gila National Forest, City of Rocks and Rockhound State Parks offer hiking, camping, and horseback riding
-
Easy driving to Las Cruces (~1 hr) and El Paso (~1½ hrs) for expanded job and entertainment options
Cons
• High Crime Rate
-
One of the highest combined crime rates in the nation: your risk of property or violent crime is about 1 in 19
-
Violent crime risk: 1 in 121; vehicle theft: 1 in 256 .
• Economic Struggles & Limited Job Market
-
Median household income is about $28–30K, much below the U.S. average .
-
Poverty is high (~27–30%), unemployment ~9%, and few well-paying jobs .
-
One review states:
“Pay sucks… hard to find a job other than a fast food joint… a lot of drug ODs due to fentanyl.”
• Weak Education & School Performance
-
Only about 70% hold high school diplomas, ~13% have bachelor’s degrees
-
Both AreaVibes and other data rate schools poorly, with low student proficiency
• Small City Scale & Limited Amenities
-
With ~14,700 residents, it’s a small town—some stores close early, and most errands require a car
- • Desert Climate & Weather Hazards
-
Summers are very hot (100°F+), spring is windy with dust storms, and winters mild but can have snow
-
Seasonal weather concerns include monsoon storms, hail/flood risks .





























You May Also Like
c.1920 Two Bedroom Affordable Illinois Home Under $59K
December 6, 2024
c.1930 West Virginia Home With Metal Roof and Fenced Lot Under $50K
October 22, 2025