$199,000
- 3 Beds
- 2 Baths
- 2,059 sqft (on 0.33 acres)
1501 E 3rd Ave, Truth Or Consequences, NM 87901
Est. Mortgage $1,225/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1977
0.33 acre lot
$97/sqft
Garage
Local Information
-- mins to
About this House
Great location with this commercial/residential home right on Third Street headed towards Elephant Butte Lake and Spaceport area on .33 acre. Building was the Sportsmen Hotel back in the days. Office area downstairs with bath. Bedrooms below and apartment with bedroom living space upstairs with bath. Garages behind building are rentable. Being sold as-is with lots of potential.
Last check for updates: about 23 hours ago
Listing courtesy of LaNeer K Wrye, (575) 740-2711
Cripple Creek Realty, (575) 740-2711
Source: New Mexico MLS, MLS#20263675

Also Listed on New Mexico MLS.
Home Details for 1501 E 3rd Ave
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Interior Details Number of Rooms: 5 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2059 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected |
Heating & Cooling Heating: ElectricHas CoolingHas HeatingHeating Fuel: Electric |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Floors: Carpet, Laminate |
View No View |
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Exterior Home Features Roof: FlatFencing: Cross Fenced, Front Yard |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Garage, Open |
Frontage Not on Waterfront |
Farm & Range Not Allowed to Raise Horses |
Surface & Elevation Topography: Cross Fenced, Front Yard, Wire |
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Days on Market: 91 |
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Year Built Year Built: 1977 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not Attached PropertyDoes Not Include Home Warranty |
Property Information Included in Sale: Free-Standing Range, RefrigeratorParcel Number: 3021078105318 |
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Price List Price: $199,000Price Per Sqft: $97 |
Status Change & Dates Possession Timing: Upon Funding |
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MLS Status: Active |
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Direction & Address City: Truth Or Consequences |
School Information Elementary School: None/OtherJr High / Middle School: None/OtherHigh School: None/Other |
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Listing Agent Listing ID: 20263675 |
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Building Area Building Area: 2059 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 0.33 acres |
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Disclaimer: Information not guaranteed. Buyer to verify all information. |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 20263675 |
Around this home
What Locals Say about Truth or Consequences
At least 23 Trulia users voted on each feature.
91 % Say car is needed
88 % Say parking is easy
87 % Say it's dog friendly
73 % Say people would walk alone at night
68 % Say there's wildlife
65 % Say it's quiet
64 % Say neighbors are friendly
63 % Say they plan to stay for at least 5 years
62 % Say yards are well-kept
61 % Say there's holiday spirit
44 % Say kids play outside
42 % Say there are sidewalks
37 % Say it's walkable to grocery stores
33 % Say it's walkable to restaurants
22 % Say there are community events
17 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Truth or Consequences
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
49
6MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.45 | Single-Family Home | - | 05/29/26 | 3 | 2 | 1,907 | |
0.42 | Single-Family Home | - | 02/24/26 | 3 | 2 | 1,644 | |
0.15 | Single-Family Home | - | 03/17/26 | 2 | 2 | 1,072 | |
0.15 | Single-Family Home | - | 12/04/25 | 2 | 2.5 | 1,028 | |
0.22 | Single-Family Home | - | 04/20/26 | 3 | 2 | 1,840 | |
0.58 | Single-Family Home | - | 10/10/25 | 3 | 2 | 1,484 | |
0.19 | Single-Family Home | - | 07/07/26 | 2 | 1 | 990 | |
0.82 | Single-Family Home | - | 02/13/26 | 3 | 2 | 1,844 | |
0.77 | Single-Family Home | - | 01/30/26 | 4 | 2 | 1,902 | |
0.43 | Single-Family Home | - | 06/10/26 | 2 | 1 | 1,443 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | - | - | - | - | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.13 | $146,100 | 2 | 2 | 1,024 | Off Market | |
0.16 | $87,700 | 3 | 1.5 | 900 | Off Market | |
0.15 | $124,200 | 2 | 1 | 866 | Off Market | |
0.15 | - | 2 | 2 | 1,072 | Recently Sold | |
0.15 | - | 2 | 1.5 | 1,028 | Recently Sold | |
0.19 | - | 2 | 1 | 990 | Recently Sold | |
0.20 | - | - | - | - | Off Market | |
0.22 | - | 3 | 2 | 1,840 | Recently Sold | |
0.18 | $161,100 | 2 | 1 | 1,020 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 23, 2026 Source: New Mexico MLS #20263675 | Listed For Sale | $199,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
LaNeer K Wrye, Cripple Creek Realty, (575) 740-2711
Agent Phone: (575) 740-2711

The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.
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Frequently asked questions about 1501 E 3rd Ave
- What is the estimated monthly payment for 1501 E 3rd Ave?Based on a $199,000 list price with 20% down at today's rates, the estimated monthly payment for 1501 E 3rd Ave in Truth Or Consequences, NM is approximately $1,252 (about $1,086 principal & interest, $91 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Truth Or Consequences?Residents describe Truth Or Consequences, NM as easy to park in, dog-friendly, and quiet. Most residents say you need a car. See homes for sale in Truth Or Consequences, NM.
- What are the closest schools to 1501 E 3rd Ave?The closest schools to 1501 E 3rd Ave in Truth Or Consequences, NM are Arrey Elementary School (Pre-K, rated 5/10), Hot Springs High School (rated 5/10), Sierra Elementary School (rated 5/10).
- Does 1501 E 3rd Ave have air conditioning?Yes, 1501 E 3rd Ave in Truth Or Consequences, NM has air conditioning.
- Does 1501 E 3rd Ave have a yard?Yes, 1501 E 3rd Ave in Truth Or Consequences, NM has a yard.
- How big is the lot at 1501 E 3rd Ave?The lot at 1501 E 3rd Ave in Truth Or Consequences, NM is about 0.33 acres (14,375 sq ft).
1501 E 3rd Ave, Truth Or Consequences, NM 87901 is a 3 bedroom, 2 bathroom, 2,059 sqft single-family home built in 1977. This property is currently available for sale and was listed by New Mexico MLS on Jun 23, 2026. The MLS # for this home is MLS# 20263675.

