About This Home

This 0-bedroom, 0-bathroom single family at 106 Inca St in Elephant Butte, NM is listed for $429,900 ($222 per sqft). Built in 2026, the home offers 1,940 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 2026
  • 0.11 acre lot

Property Details

1 story
2026
Listing Description

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!

Monthly Cost Estimate

$2,299/mo

20% down · 6.5% · 30 years

Principal$311
Interest$1,863
Insurance$125

Estimates only. Actual payments may vary.

Location

106 Inca St

Elephant Butte, NM 87935

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Flooring

LaminateVinyl

Construction

Frame Stucco

Heating

Electric (Heating)

Appliances

CooktopDishwasherFree-Standing RangeMicrowaveOvenRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom single family at 106 Inca St is listed at $429,900 ($222/sqft). The estimated monthly payment is $2,299 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 0.11 acre lot. Interior Features: Ceiling Fan(s).

This property is listed by Cheryl A Shipley.

CS

Cheryl A Shipley

License 20121

Agent at RIO MESA REALTY, LLC

Listed by RIO MESA REALTY, LLC · Broker phone: (575) 744-4780 · View on Broker Site · Broker website

MLS# 20261845· Source: New Mexico MLS· 211 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

106 Inca St, Elephant Butte, NM 87935

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