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Residential Land for Sale in Truth or Consequences, New Mexico

700 Matson, Truth or Consequences, NM 87901

$275,000
0.9 acres
Active sale
Est $1,994/mo

Discover Your Investment Paradise: 7.55 Acres of Prime Commercial Opportunity Imagine owning a piece of New Mexico's most captivating landscape while building your financial future - this extraordinary 7.55-acre commercial property in Truth or Consequences makes that dream a reality. A View That Sells Itself Perched gracefully on a hillside overlooking the charming city below, this property offers something truly priceless: unobstructed panoramic views of the majestic Turtleback Mountain. Every sunrise paints a masterpiece across your investment, while the twinkling lights of downtown Truth or Consequences create an enchanting evening backdrop that will leave visitors breathless. Ready-to-Go Income Potential Here's where smart investing meets immediate opportunity. The property features 17 thoughtfully developed lots spanning 2 acres, perfectly positioned for RV parks or mobile home communities. These aren't just empty lots - they're your ticket to consistent rental income in a market hungry for quality accommodations. But wait, there's more. A large billboard already graces the property, generating steady revenue from day one. While you're planning your development dreams, this income stream helps offset your investment costs. Location Magic You've heard it before - location, location, location - but this property truly embodies that principle. Nestled in Truth or Consequences, your future tenants and visitors will enjoy easy access to downtown shopping, world-renowned hot mineral baths, and the authentic New Mexican charm that draws visitors year-round. Your Canvas for Success With an additional 5 acres of undeveloped land, your creative and financial possibilities are virtually limitless. Whether you envision expanding the RV community, creating a unique glamping experience, or developing commercial ventures that capitalize on those stunning mountain views, this property gives you the space to dream big. The Bottom Line This isn't just real estate - it's your opportunity to own a piece of New Mexico's natural beauty while building a thriving business. With existing income, development-ready infrastructure, and endless potential, this hillside gem in Truth or Consequences is waiting for a visionary investor like you. Ready to turn this investment dream into your reality? The mountain views are calling, and your future is waiting.

Location

Street address
700 Matson
Community
New Mexico MLS
Elevation
4,286 feet
Coordinates
33.1298, -107.2592

Directions

Main Street to Matson Above MM 7 Coffee shop

Property details

Lot size
0.895 acres38,986 sq ft
MLS #
NMMLS 20257007
Posted

Parcels

  • 3022078370471

Legal description

Details and features

Listing

Type
Residential

Lot

Features
Irregular Lot

Listing history

DateEventPriceChangeSource
May 19, 2026New listing$275,000NMMLS
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This 0.895-acre property is located at 700 Matson in Truth or Consequences, NM 87901. The property is available for sale for $275,000.

Listed by Homesteaders Realty, (575) 740-0003

Checked 2 hours agoUpdated

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