Elephant Butte NM Real Estate &

1 Properties Found

Sort Results:
1–1 of 1 properties displayed
Refine Property Search
Page 1 of 1    Prev | Next
Beds:
4
Baths:
3.00
Sq.Ft.:
1,940
Status:
Active
MLS#:
20261845
Type:
Multi-Family
Lot size:
0.11 Acres
Year built:
2026
Courtesy: Rio Mesa Realty
View additional info

ADDITIONAL INFORMATION

Brand-New 2026 Triplex – Prime Investment or Owner-Occupant Opportunity! Don’t miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished with stylish granite countertops, sleek stainless steel appliances, and beautiful white shaker cabinets, offering a clean, contemporary look that tenants will love. With open, functional layouts and quality finishes throughout, this triplex is perfect for investors seeking strong rental potential or for an owner-occupant looking to live in one unit while generating income from the other two. Conveniently located near outdoor recreation, hot springs, and local amenities, this property combines lifestyle and investment appeal in one package. Whether you’re expanding your portfolio or looking for a smart live-in investment, this property is a must-see!

Refine Property Search
Page 1 of 1    Prev | Next
1–1 of 1 properties displayed
Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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 MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2026 New Mexico MLS, Inc. MLS. All rights reserved.



Elephant Butte Real Estate

Elephant Butte is located in New Mexico. Elephant Butte, New Mexico has a population of 1,580. Elephant Butte is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 13.33%.

The median household income in Elephant Butte, New Mexico is $49,746. The median household income for the surrounding county is $35,939 compared to the national median of $69,021. The median age of people living in Elephant Butte is 68.6 years.

Elephant Butte Weather

The average high temperature in July is 94.5 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 11 inches per year, with 3.2 inches of snow per year.

Elephant Butte Map

Elephant Butte Real Estate Market Conditions

  • Median sales price

    $299,000
    12.5%
    change since last quarter
  • # Active listings

    71
    30-day change

Elephant Butte Schools and Demographics

Education near Elephant Butte, NM

City County
High School Graduates 99.02 89.53
College Degree - 2 year 11.79 9.94
College Degree - 4 year 17 19.79
Graduate Degree 3.39 6.44
Expenditures per Student 14,048 14,048
Students per Teacher 14.5 14.5

Elementary Schools near Elephant Butte, NM

Grades Students P/T Ratio ZIP
T Or C Elementary School PK - 03 435 16.6 87901

Middle Schools near Elephant Butte, NM

Grades Students P/T Ratio ZIP
Sierra Elementary School 04 - 05 172 17.8 87901
T Or C Middle School 06 - 08 298 15.6 87901

High Schools near Elephant Butte, NM

Grades Students P/T Ratio ZIP
Hot Springs High School 09 - 12 361 14.6 87901

Demographics near Elephant Butte, NM

City County
Neighborhood Type Small Town
Population 1,580 11,512
Population Density 378 3
Median Age 68.6 55.3
People per Household 1.8 2.1
Median Household Income 49,746 35,939
Average Income per Capita 38,285 26,735

Real estate near Elephant Butte