NEW CONSTRUCTION

For sale

$429,900

Est. $2,494/mo —

•

1,940

sq ft

106 Inca St, Elephant Butte, NM 87935

About this home

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!

Single-familyProperty Type

2026Year Built

4,791 sq ftLot Size

$222Price/Sq.Ft.

Listed by Cheryl Shipley • Rio Mesa Realty

Listed by

Contact: 509-768-1820

Listing updated: Aug 26, 2026 at 10:43am

Redfin checked: a minute ago

•Source:NMMLS #20261832

Payment calculator

$2,494 per month

Principal and interest$2,259

Property taxes

$167

HOA dues

Home insurance

$68

Utilities

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5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (1)

Around this home

Schools

K - 12
Preschool & daycare

T Or C Elementary School

Public PreK-3 • Assigned • 3.0mi

3/10

T Or C Middle School

Public 6-8 • Assigned • 3.1mi

4/10

Hot Springs High School

Public 9-12 • Assigned • 3.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

106 Inca St · $429,900

DAYS ON MARKET

The average home goes pending in 31 days.

LIST PRICE

Median list price in this area is $300,000. (30% lower than this home)

PRICE DROP

10% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Ceiling fan(s)

Bathrooms
Three full bathrooms

Flooring
Laminate flooring
Vinyl flooring

Heating & cooling
Electric heating
Has cooling

Sale and tax history for 106 Inca St

Sale History
Tax History

Date

Event

Price

NMMLS #20261832

Mar 31, 2026

Listed

$429,900

$222/sq ft

NMMLS #20261845

Mar 31, 2026

Listed

$429,900

$222/sq ft

+28

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!

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Sierra County

APN

2922933674400

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Historical weather

Elephant Butte, NM • 87935

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 106 Inca St

There isn’t enough information to generate an accurate estimate at this time. Learn More

Contact listing agent

Cheryl Shipley

Rio Mesa Realty

509-768-1820

cheryl.riomesa@gmail.com

At this time, Redfin doesn't have an agent available to help you with this home.

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Details provided by NMMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (1)

Around this home

Schools

Lifestyle

Market insights

Property details

Sale and tax history for 106 Inca St

Public record

Historical weather

Sun exposure

Redfin Estimate for 106 Inca St

Contact listing agent

Nearby similar homes

New listings for sale in 87935

More real estate resources