This fixer-upper opportunity sits on a fully fenced acre and offers plenty of space, potential, and versatility. The property features a 4-bedroom, 2-bath home with a spacious family room complete with a fireplace, plus a dedicated office space. Outside, you'll find three additional buildings offering endless possibilities for storage, workshops, hobbies, or future projects. A large 28x36 shop provides ample room for equipment, vehicles, or workspace. One detached building includes the laundry area along with two storage rooms, while another outbuilding offers four separate storage rooms for added convenience. With room to grow and plenty of functional space, this property is ready for someone to bring their vision to life.
For sale
Price cut: $4K (7/17)
$185,000
1302 Iron St, Truth Or Consequences, NM 87901
4beds
2,025sqft
:
Get pre-qualified$1,212/mo
Single Family Residence
Built in 1940
1 Acres Lot
$-- Zestimate®
$91/sqft
$-- HOA
What's special
Dedicated office spaceLaundry areaThree additional buildingsFully fenced acreSpacious family room
- 57 days |
- 299 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Kellie Thompson 575-740-4855,
Rio Mesa Realty 509-768-1820,
Cheryl A Shipley,
Rio Mesa Realty
Source: New Mexico MLS,MLS#: 20263116
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet, Hardwood
- Number of fireplaces: 1
Interior area
- Total structure area: 2,025
- Total interior livable area: 2,025 sqft
Property
Features
- Stories: 2
- Fencing: Chain Link
Lot
- Size: 1 Acres
- Topography: Chain Link
Details
- Additional structures: Workshop
- Parcel number: 3023079452323
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- Year built: 1940
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Truth Or Consequences
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $137,055
- Annual tax amount: $1,271
- Date on market: 5/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Inclusions: Built-In Range, Oven
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,863/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $185,000-2.1%$91/sqft |
Source:  New Mexico MLS #20263116 Report a problem | ||
| 5/27/2026 | Listed for sale | $189,000$93/sqft |
Source: New Mexico MLS #20263116 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,325 +19.3% | $45,685 +3% |
| 2023 | $1,111 +11.6% | $44,354 +3% |
| 2022 | $995 | $43,062 +3% |
| 2021 | -- | $41,808 +1.7% |
| 2020 | -- | $41,100 +3.4% |
| 2018 | -- | $39,745 +4.5% |
| 2017 | -- | $38,046 +1.3% |
| 2016 | -- | $37,549 |
| 2015 | -- | $37,549 +4.3% |
| 2014 | -- | $35,986 |
| 2013 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87901
Nearby schools
GreatSchools rating
- 3/10T Or C Elementary SchoolGrades: PK-3Distance: 2.9 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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