$249,000
SOLD SEP 23, 2025
Last list price
-- Bed
-- Bath
1,200 Sq Ft
0.67 Acres

Recently Sold

$208 Per Sq Ft

187 Days on Market

Highlights

  • RV Parking in Community
  • No HOA
  • Refrigerated and Evaporative Cooling System
  • 0.67 Acre Lot
  • Community Spa
  • No Interior Steps

About This Home

As of September 2025

Truth or Consequences, this Old Western town is full of History from Apache Indians, Geronimo and Miners up in the Gila looking for Gold! Geromino used to soak in the Hot Springs in this town back in the late 1880’s. This funky cool town is located on the banks of the Rio Grande in Southern NM. The weather is great here and there the State’s largest lake that provides excellent boating, fishing and camping, Elephant Butte State Park! On Holidays this area can get over 100,000 people!
This property has 22 sewer and water hook ups and 3 acre feet of those healing waters, Hot Springs Mineral Water, ready to be taped for a bath house. 11 spaces and room for more rent $380 per month plus two mobile homes go with the property rent for $700 and $800. Two room office. Community shower. Small coin operated laundry room. Partially finished apartment. 7 double spaces under a turn of the century shade structure. (10 including converted into a dog area) formerly 22 at its peak. The hot spring well with 3 acre feet is registered with NMOSE.

Last Agent to Sell the Property

Virginia Henry

Santa Fe Bound RE Brokers License #REC20221023 Listed on: 01/28/2025

Last Buyer's Agent

Virginia Henry

Santa Fe Bound RE Brokers License #REC20221023 Listed on: 01/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property

Schools

  • Truth Or Consequences Elementary School
  • Truth Or Consequences Middle School
  • Hot Springs High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts
  • High Speed Internet

Additional Features

  • No Interior Steps
  • 0.67 Acre Lot

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • RV Parking in Community

Amenities

  • Laundry Facilities

Recreation

  • Community Spa

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Prop. Type: Residential Income
  • Directions: 1 25 to Truth or Consequences NM to Downtown to 618 Marr
  • Architectural Style: One Story
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: No Interior Steps

Exterior Features

  • Roof: Other, See Remarks
  • Waterfront: No
  • Construction Type: Other

Utilities

  • Cooling: Evaporative Cooling
  • Electric: 220 Volts
  • Utilities: High Speed Internet Available, Separate Meters, Electricity Available
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Laundry, Other, RV Parking, Spa/Hot Tub, See Remarks
  • Association: No

Schools

  • Elementary School: Truth Or Consequences Elementary School
  • High School: Hot Springs High School
  • Middle Or Junior School: Truth or Consequences Middle School

Lot Info

  • Lot Size Acres: 0.67
  • Zoning: BCD
  • Land Lease: No
  • Lot Size Sq Ft: 29185.2
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold -- -- --
08/03/2025 08/03/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $249,000 0.0% $208 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $249,000 0.0% $208 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $249,000 -6.0% $208 / Sq Ft
03/05/2025 03/05/25 Price Changed $265,000 -11.4% $221 / Sq Ft
02/24/2025 02/24/25 Price Changed $299,000 -12.1% $249 / Sq Ft
01/29/2025 01/29/25 Price Changed $340,000 +23.6% $283 / Sq Ft
01/28/2025 01/28/25 For Sale $275,000 -- $229 / Sq Ft
Source: Santa Fe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,482 $49,947 $16,220 $33,727
2024 $1,471 $48,494 $15,749 $32,745
2023 $1,471 $40,588 $29,480 $11,108
2022 $1,108 $45,710 $14,845 $30,865
2021 $1,162 $44,379 $14,413 $29,966
2020 $1,061 $40,588 $29,480 $11,108
2019 $1,114 $43,086 $13,993 $29,093
2018 $1,061 $41,834 $13,587 $28,247
2017 $1,020 $40,616 $13,189 $27,427
2016 $931 $40,616 $13,189 $27,427
2015 -- $40,616 $13,189 $27,427
2014 -- $39,060 $12,432 $26,628
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202500345

Santa Fe Association of REALTORS®

APN: 3022079328073