Skip main navigation
For sale
  • Price cut: $11.5K (7/2)
    $293,500

    865 Highway 181, Truth Or Consequences, NM 87901

    3beds
    1,928sqft
    : 
    $1,843/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    4.42 Acres Lot
    $280,400 Zestimate®
    $152/sqft
    $-- HOA

    What's special

    Private domestic wellStorage shedSurreal viewsVirtually no close neighborsLarge entry sunroom
    This property is professionally marketed by Felipe Rodriguez, 575.640.4751. Looking for the best of both worlds? Here it is! Over 4 acres of Country Charm with City Convenience: Experience serene living with room to grow, surreal viewswithvirtually no close neighborswithin arms reach!BLMland surrounds the northside of this incrediblepropertywhere youll find many trails and nature's southwest beauty to enjoy for days! Come see this custom 1,900+ sq. ft. ranch style home that features 3 bedrooms and two baths on a fenced 4.4 acre lot. Highlights include: large entry sunroom; oversized living/dining area with pine interior panel walls giving it that western character; and, a country kitchen with granite counters and a pantry. The primary suite offers a huge walk-in closet and custom bath. Outside, you'll find a 20x30 garage/workshop, storage shed, carport, and private domestic well. How is this for convenience: just minutes from: Elephant Butte State Park, Turtleback Mountain Golf Course (formally Sierra Del Rio Golf Course); T or C Municipal Airport; a few more minutes to the Hot Springs district & Riverbend, Caballo Lake State Park, T or C Municipal Golf Course and down town T or C. Still, if that isnt enough, the panoramic view at sunrise & sunset just might close this deal! So, with all this and so much room to meet your expansion options, making this your dreams happy place, what are you waiting for?
    124 days
    |
    283
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Felipe Rodriguez 575-640-4751,

    Volare Realty Group 575-322-2025

    Source: New Mexico MLS,MLS#: 20261686MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric, Propane
      Cooling
      • Evaporative Cooling
      Features
      • Ceiling Fan(s), Pantry, Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,928
      • Total interior livable area: 1,928 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Open
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Exterior features: Horses Allowed
      • Fencing: Cross Fenced
      Lot
      • Size: 4.42 Acres
      • Topography: Cross Fenced, Wire
      Details
      • Parcel number: 3021075359046 & 3021

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block - Cinder, Frame, Siding
      • Roof: Metal,Pitched
      Condition
      • Year built: 1940

      Utilities & green energy

      • Water: Private
      • Utilities for property: Electricity Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Truth Or Consequences

      Financial & listing details

      • Price per square foot: $152/sqft
      • Tax assessed value: $269,931
      • Annual tax amount: $2,720
      • Date on market: 3/23/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Free-Standing Range, Refrigerator, Washer
      • Electric utility on property: Yes

        Estimated market value

        $280,400

        $266,000 - $294,000

        $1,727/mo

        Price history

        DateEventPrice
        7/2/2026Price change$293,500-3.8%$152/sqft
        Source: SNMMLS as distributed by MLS GRID #2600949 Report a problem
        5/8/2026Price change$304,999-1.6%$158/sqft
        Source: SNMMLS as distributed by MLS GRID #2600949 Report a problem
        3/23/2026Listed for sale$310,000-1.6%$161/sqft
        Source: New Mexico MLS #20261686 Report a problem
        2/5/2026Listing removed$315,000$163/sqft
        Source: New Mexico MLS #20254524 Report a problem
        12/12/2025Price change$315,000-4.4%$163/sqft
        Source: New Mexico MLS #20254524 Report a problem
        8/6/2025Listed for sale$329,500+1.2%$171/sqft
        Source: New Mexico MLS #20254524 Report a problem
        7/7/2023Sold--
        Source: New Mexico MLS #20230408 Report a problem
        5/9/2023Pending sale$325,500$169/sqft
        Source: New Mexico MLS #20230408 Report a problem
        1/25/2023Listed for sale$325,500$169/sqft
        Source: New Mexico MLS #20230408 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,565 +191.6%$89,977 +177.3%
        2023$880 +10.8%$32,445 +3%
        2022$794 $31,500 +3%
        2021-- $30,582 +1.1%
        2020-- $30,262 +3.1%
        2018-- $29,361 +3%
        2017-- $28,506 +3%
        2016-- $27,676
        2015-- $27,676 +4%
        2014-- $26,601
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87901

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes