Brand-New 2026 Triplex Prime Investment or Owner-Occupant Opportunity! Dont 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 youre expanding your portfolio or looking for a smart live-in investment, this property is a must-see!
For sale
$429,900
106 Inca St, Elephant Butte, NM 87935
--beds
--baths
1,940sqft
Single Family Residence
Built in 2026
4,791 Square Feet Lot
$417,900 Zestimate®
$222/sqft
$-- HOA
What's special
Clean contemporary lookQuality finishes throughoutOpen functional layoutsStylish granite countertopsSleek stainless steel appliancesBeautiful white shaker cabinets
- 102 days |
- 31 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Cheryl A Shipley 509-768-1820,
Rio Mesa Realty 509-768-1820
Source: New Mexico MLS,MLS#: 20261845
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Facts & features
Interior
Heating
- Electric
Features
- Ceiling Fan(s)
- Flooring: Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,940
- Total interior livable area: 1,940 sqft
Video & virtual tour
Property
Features
- Stories: 1
- Frontage length: 50.0
Lot
- Size: 4,791 Square Feet
- Dimensions: 50.0x100.0
Details
- Parcel number: 2922933674400
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Pitched
Condition
- Year built: 2026
Utilities & green energy
- Utilities for property: Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Elephant Butte
Financial & listing details
- Price per square foot: $222/sqft
- Annual tax amount: $1,999
- Date on market: 3/31/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Cooktop, Dishwasher, Free-Standing Range, Microwave, Oven, Refrigerator
Estimated market value
Zestimate®
$417,900
Estimated sales range
$397,000 - $439,000
Rent Zestimate®
$1,653/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $429,900$222/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87935
Nearby schools
GreatSchools rating
- 5/10Sierra Elementary SchoolGrades: 4-5Distance: 3 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 3.1 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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as early as today at 12:00 pm
Contact agent
- New Mexico
- Sierra County
- Elephant Butte
- 87935
- 106 Inca St