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618 Marr Drive, Truth or Consequences, NM 87901

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For Sale

$299,000

0.67 acres

Estimated Payment

$ 1,553 /mo.

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Attached
    Property type

  • 0.7 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Truth or Consequences, this Old Western town is full of History from Apache Indians, Geronimo and Miners up in the Gila looking for Gold! Geromino used to soak in the Hot Springs in this town back in the late 1880 s. This funky cool town is located on the banks of the Rio Grande in Southern NM. The weather is great here and there the State s largest lake that provides excellent boating, fishing and camping, Elephant Butte State Park! On Holidays this area can get over 100,000 people! This property has 3 acre feet of those healing waters, Hot Springs Mineral Water, ready to be taped for a bath house. 11 spaces and room for more rent $380 per month plus two mobile homes go with the property rent for $700 and $800. Two room office. Community shower. Small coin operated laundry room. Partially finished apartment. 7 double spaces under a turn of the century shade structure. (10 including converted into a dog area) formerly 22 at its peak. The hot spring well with 3 acre feet is registered with NMOSE.
MLS# 202500345

Courtesy Of Santa Fe Bound RE Brokers

(505) 500-6447

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Evaporative
  • Lot Size
    0.67 Acres

Home seller CENTURY 21 Champions, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Champions, Inc.

(505) 865-3381
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,553
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,553

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Arrey Elementary School

Grades PK-5 Public School


Arrey, NM 87930 19.6 miles
7 arrey cemetery rd

93 total students
11:1 Student teacher ratio

T Or C Elementary School

Grades PK-3 Public School


Truth Or Consequences, NM 87901 1.7 miles
1500 n silver st

327 total students
14:1 Student teacher ratio

Sierra Elementary School

Grades 4-5 Public School


Truth Or Consequences, NM 87901 1.7 miles
1500 n silver st

151 total students
14:1 Student teacher ratio

T Or C Middle School

Grades 6-8 Public School


T Or C, NM 87901 1.6 miles
1802 pershing st

286 total students
16:1 Student teacher ratio

Hot Springs High School

Grades 9-12 Public School


Truth Or Consequences, NM 87901 1.5 miles
1200 n pershing st

353 total students
15:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Manzano Christian School 0.6 miles Private KG-4

Manzano Christian School

Distance: 0.6 miles

Type Private

Grades: KG-4

Local area information for Truth or Consequences, NM 87901

Tour the area

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Truth or Consequences, NM 87901

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

88° July
Hottest Average Month

27° January
Coldest Average Month
4,075 Total Households in Area
18.8%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Truth or Consequences, NM 87901

Truth or Consequences, NM 87901 has a population of 7,689 people in 4,075 households with a median age of 50.5 years old.

Down -1.4%
Decrease in population
since the year 2010

Population is Trending down
3,969
Total households as of 2010
Down
-0.5%

Community Population By Age

Community Population By Ethnicity

White 75%
Hispanic 29%
Other 8%
Native American 2%
Asian 2%
Black <1%

Economics
for Truth or Consequences, NM 87901

3 /sq mi
Population Density
$33,339 /yr
Median Household Income
$180,690
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 82%
  • Walk or Bike 11%
  • Work from Home 6%
  • Public Transit 1%

Occupancy by Type

Owned 2,901 51%
Vacant 1,596 28%
Rented 1,175 21%

White vs Blue Collar Jobs







White Collar 76%
Blue Collar 24%

Family & Education Facts
for Truth or Consequences, NM 87901

50.5 Median Age

Average Household Size

1.9
persons per
household

39.1%

Married Households

Community Population By Education

High School Graduate 34%
Some College 26%
Bachelors Degree 12%
Some High School 11%
Associates Degree 9%
Graduate Degree 8%

Household Family Expenses vs National Average

18.8% of households have children

Weather
for Truth or Consequences, NM 87901

The weather for this area ranges from a high of 88° F in July to a low of 27° F in January

88° July
Hottest Average Month
27° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
27°
52°
Feb
30°
57°
Mar
35°
62°
Apr
41°
71°
May
49°
80°
Jun
56°
88°
Jul
60°
88°
Aug
59°
86°
Sep
54°
81°
Oct
43°
72°
Nov
33°
61°
Dec
27°
53°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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