1501 E  3rd Ave, Truth Or Consequences, NM 87901
Property image
Property image
FOR SALE
0.33 ACRES

1501 E 3rd Ave
Truth Or Consequences, NM 87901

  • 3 Beds
  • 2 Baths
  • 2,059 sqft (on 0.33 acres)

$199,000

Est. Mortgage $1,185/mo*

$199,000

Est. Mortgage $1,185/mo*
3 Beds
2 Baths
2,059 sqft
(on 0.33 acres)

Home Highlights

Parking
Garage
Climate Control
Heating & Cooling
Price/Sqft
$97
Listed
45 days ago

Local Information

  • Map ViewExplore the area around 1501 E 3rd Ave.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.

Home Details for 1501 E 3rd Ave

Interior Features

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, Sewer 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

Exterior Features

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

Days on Market

Days on Market: 45

Property Information

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

Price & Status

Price
List Price: $199,000Price Per Sqft: $97
Status Change & Dates
Possession Timing: Upon Funding

Active Status

MLS Status: Active

Location

Direction & Address
City: Truth Or Consequences
School Information
Elementary School: None/OtherJr High / Middle School: None/OtherHigh School: None/Other

Agent Information

Listing Agent
Listing ID: 20263675

Building

Building Area
Building Area: 2059 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.33 acres

Documents

Disclaimer: Information not guaranteed. Buyer to verify all information.

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 20263675
Last check for updates: about 4 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.

Market trends in Truth or Consequences

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
39
1
MoM

Price History for 1501 E 3rd Ave

DatePriceEventSource
06/23/2026$199,000Listed For SaleNew Mexico MLS #20263675

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Comparable Sales for 1501 E 3rd Ave

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
0.59
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 homes

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Assigned Schools

These are the assigned schools for 1501 E 3rd Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Alijojo
    "There are many dogs here in this neighborhood and they are noisy so be careful where you want to live in this town. "
  • Dominiquewatts
    "Neighborhood is quiet. People keep their dogs in their yards. It’s safe to walk outside any time day or night. People are friendly and neighbors get to know each other keeping an eye on your property when you are gone. "
  • Termahnke
    "Small Town living. Cheaper cost of living other than gas prices. Gas seems to be the highest in New Mexico."
  • Michelle M.
    "Small town living with breathtaking scenery. Mild Winters. ,next to the Rio Grande and Elephant Butte lake."
  • cathybarish
    "I have visited T or C for many years, and love the serenity and beauty of the area. There are ample nice restaurants and stores, and it's in a great location for short trips to wonderful places such as Elephant Butte and Mesilla."

LGBTQ Local Legal Protections

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 $1,207 (about $1,041 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).
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.
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.