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    Elephant Butte, NM Caballo, NM Arrey, NM Cuchillo, NM
    Hoosier Hot Springs Historic District
    Updated: May 27, 2025
    Hoosier Hot Springs Historic District

    516 Austin St, Truth Or Consequences, NM

    $2,279,000
    5,528 sqft 0.41 AC lot
    Completely remodeled property.
    Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.
    Located in the Hot Springs Bathhouse and Commercial Historic District.
    Hot Springs renovated and reintroduced to the public in early 2024.
    Inn/Short Term Rentals: 5 renovated units (4 suites and 1 room), opened November 2024.
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    Hoosier Hot Springs & Inn
    Updated: Oct 10, 2024
    Hoosier Hot Springs & Inn

    516 Austin St, Truth Or Consequences, NM 87901

    $2,800,000
    5,528 sqft
    Located in the Hot Springs Bathhouse and Commercial Historic District.
    Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.
    Hot Springs renovated and reintroduced to the public in early 2024.
    Inn/Short Term Rentals: 6 renovated units (5 suites and 1 room), opened November 2024.
    Residences/Long Term Rentals: 6 units (3 one‑bedroom units and 3 studio apartments).
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Truth Or Consequences, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Economy Hotel with Pool
    Two-Story Economy Hotel with Pool

    1408 Main Street, Lordsburg, NM 88045

    $975,000
    31,624 sqft 2.28 AC lot

    40-room economy hotel with pool and business center, renovated in 2023 and positioned on Interstate 10.

    View details
    Economy Hotel with Indoor Pool
    Economy Hotel with Indoor Pool

    1426 West Motel Drive, Lordsburg, NM 88045

    $1,950,000
    29,952 sqft 3.00 AC lot

    56-room two-story hotel with interior corridors, surface parking, and an indoor pool along Interstate 10.

    View details
    Redevelopment Lodge with 16 Units
    Redevelopment Lodge with 16 Units

    107 El Paso Road, Ruidoso, NM 88345

    $990,000

    Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

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    Lodge with Indoor Pool
    Lodge with Indoor Pool

    208 Eagle Drive, Ruidoso, NM 88345

    Contact for pricing

    West Winds Lodge features 20 lodging units plus a combined management office and apartment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    5355 S Desert Boulevard, El Paso, TX 79932

    $5,285,040
    3.10 AC lot

    3.10-acre commercial land with frontage along Interstate 10.

    View details
    Rio Rancho Commercial Land Opportunity
    Rio Rancho Commercial Land Opportunity

    1526 Broadmoor Boulevard NE, Rio Rancho, NM 87144

    $60,000
    0.50 AC lot

    Versatile commercial land in Rio Rancho's fast-growing corridor.

    View details
    Tombstone Land Parcel For Sale
    Tombstone Land Parcel For Sale

    W Randolph Way, Tombstone, AZ 85638

    $254,800
    25.23 AC lot

    25+ acre land parcel within Tombstone city limits.

    View details
    CB-1 Zoned Commercial Land Parcel
    CB-1 Zoned Commercial Land Parcel

    3106 E Andrada Road, Vail, AZ 85641

    $175,000
    0.66 AC lot

    Pima County CB-1 commercial land totaling about 0.66 acres, with seller carry financing available.

    View details

    Off-Market Properties in Truth Or Consequences, NM

    Consider similar Off-Market properties in Truth Or Consequences, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    516 Austin St
    Hotels

    516 Austin St, Truth Or Consequences, NM 87901

    Value Estimation by Request
    5,528 sqft 0.41 AC lot
    View details

    Truth Or Consequences, NM Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Truth Or Consequences, NM on our real estate platform. These investment opportunities span a total of 11,056 square feet of properties for sale, with an estimated market value of $5,079,000.

    Sale prices for resorts in Truth Or Consequences, NM start at $2,279,000, averaging $2,539,500, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 2

    Demographics Overview

    Population 6,459
    Population Growth (5Y) +1.0%
    Median Household Income $27,868
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Truth Or Consequences submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87901 $3.7M

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