Make this your
last lease.
New homes in Las Cruces and Alamogordo, starting under $200,000. Before you sign another year, see what owning actually looks like.
Every lease ends. This one can be the last.
Rent buys you the same thing every month: another month. It covers the roof, the appliances, and the maintenance, and then the term runs out and the number goes up again.
A new French Brothers home ends that cycle. Part of every payment goes toward the balance on a home that belongs to you, and a fixed-rate loan keeps the principal and interest steady instead of resetting at renewal.
We build in Las Cruces and Alamogordo because attainable homeownership still works in southern New Mexico. Two communities, Tierra Hermosa and Somerset Village, are where the last lease turns into a first home.
Explore both communities
One more lease, or your last one
Signing another lease
- Your payment is renegotiated at every renewal.
- Repairs, replacements, and timelines are someone else's decision.
- The layout, the finishes, and the paint were chosen before you got there.
- Shared walls, shared parking, shared outdoor space.
- At the end of the term, you leave with what you brought in.
Making it your last lease
- A fixed-rate principal and interest payment that stays put.
- Part of every payment goes toward the balance on a home you own.
- New construction with new systems, new appliances, and builder warranty coverage.
- Layouts, storage, and natural light designed around everyday living.
- Your own front door, your own driveway, your own back yard.
Loan terms, payments, and eligibility depend on your lender and loan program. This page is not a commitment to lend or an offer of credit.
Run the numbers on your rent
Enter what you pay now, then adjust the details to see how an estimated house payment compares. Every figure below is for illustration only.
Your numbers
Leave this at zero to see principal and interest only. Your lender can provide estimates for Las Cruces or Alamogordo.
Estimated house payment
$0
Per month, based on the figures you entered
Compared to your rent
Enter your monthly rent to see the comparison.
This estimator is for illustration only. It is not a loan approval, a quote, an offer of credit, or a guarantee of rate, payment, or terms. The interest rate shown is an example you can change and does not represent an available or offered rate. Estimates cover principal, interest, and the taxes and insurance figure you enter. They do not include mortgage insurance, HOA dues, closing costs, or other charges that may apply. Actual payments depend on your lender, credit, loan program, and the home you select. Financing is subject to lender qualification and approval.
40+
Years building in New Mexico
2
Generations, family owned
Under $200K
Starting prices in select communities
Where the last lease ends
Las Cruces, NM
Tierra Hermosa
Attainable new construction in a city anchored by New Mexico State University, area hospitals, and steady regional employment. Open main living areas, useful storage, and finishes that feel considered rather than basic.
View Tierra Hermosa
Alamogordo, NM
Somerset Village
Alamogordo is home base for French Brothers, and Somerset Village is where that shows. Practical value, clear availability, and a straightforward path for buyers connected to Holloman Air Force Base and local medical employers.
View Somerset VillageWhen does your lease end?
Tell us your renewal date and what you're paying now. We'll show you what's available in Las Cruces and Alamogordo and whether the timing works, with no pressure to decide today.
Make it your last lease
Worth leaving a lease for
A lower price point should not mean a home that feels like an afterthought. Every French Brothers floor plan starts with how the space will actually be used, then works outward from there.
The kitchen stays connected to the main living area, so cooking, hosting, and cleanup happen in the same room instead of around a wall. Windows are placed to bring in southern New Mexico light. Storage is planned into the plan, not left over at the end of it.
That is what Built On Purpose looks like in practice: quality and design you feel on an ordinary Tuesday, not just on a tour.
More about French BrothersQuestions before you stop renting
Starting prices under $200,000 are available in select French Brothers communities in New Mexico. Pricing depends on the community, the floor plan, and current availability, so ask our team what is on the ground right now in Las Cruces and Alamogordo.
Down payment requirements vary by loan program and lender, and several programs are built for buyers purchasing their first home. Our team can connect you with a lender who will explain the options in plain language. Nothing on this page is an approval or a commitment to lend.
That comes down to the home, the loan, and the terms you qualify for. Use the estimator above to model it, then bring those numbers to our team and we will show you a specific home at a specific price so you are comparing real figures against your rent instead of assumptions.
It does the math on the numbers you enter, which makes it useful for comparison and nothing more. It is not a quote, an approval, or a guaranteed rate. Your lender will provide an actual estimate based on your credit, your loan program, and the home you choose.
A few months out is a good place to start. Knowing your renewal date lets us line up the right home and the right timeline so you are not deciding under pressure or paying for two places at once.
Move-in ready homes are available in our New Mexico communities, and timelines depend on the home you choose and your loan process. Tell us your target date and we will tell you honestly what is realistic.
Let's make this your last lease
Send us a few details and someone from our New Mexico team will follow up with available homes, pricing, and next steps.
Prices, plans, features, and availability are subject to change without notice. Square footage is approximate. Renderings and photography may show optional features not included in the base price. All payment figures, including any produced by the estimator on this page, are for illustration only and are not a commitment to lend, an approval, a quote, or a guarantee of rate or terms. Financing is subject to lender qualification and approval. Equal Housing Opportunity.
