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27 Dec - 28 Dec
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2 Jan - 4 Jan
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9 Jan - 11 Jan

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Our top choices for Caballo Lake hotels

Front of property
Rio Grande Motel

Rio Grande Motel

Rio Grande Motel
2.0 star property
21 km from Caballo Lake
8.0 out of 10, Very good, (36)
"The check in was great, very friendly staff. Nice area to walk the dogs, Thr rooms are clean and comfortable. We love that there are extra shelves for stuff. "
United States
Meredith
The price is ฿2,734
฿3,046 total
includes taxes & fees
10 Jan - 11 Jan 2026
Rio Grande Motel
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Top Caballo Lake Hotel Reviews

Hoosier Hot Springs & Inn

Hoosier Hot Springs & Inn

10/10 Excellent
"This place was newly renovated and looks amazing. The hot springs are nice and private and the staff was extremely friendly and helpful. Close to all the local spots"
Sean 1-night trip
Posted 9 days ago
Hoosier Hot Springs & Inn
3 Mi to Elephant Butte Lake: Cozy Retreat!

3 Mi to Elephant Butte Lake: Cozy Retreat!

10/10 Excellent
"Clean, quiet and near the hot springs. Lovely."
Darlene 2-night trip
Posted 2 weeks ago
3 Mi to Elephant Butte Lake: Cozy Retreat!

Hotels near other Caballo Lake attractions

Percha Dam State Park

You can take time to visit Percha Dam State Park during your travels to Arrey.
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Albert J. Lyon Event Center

Learn about the events happening in Albert J. Lyon Event Center during your trip to Truth or Consequences. While you're in the area, stroll along the lakeside.
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Frequently asked questions

What's the area like around Caballo Lake?
If you're planning to come to the area to visit Caballo Lake, take some time to see the rest of the sights while you're in town. When you want to settle in and find a place to stay, take a look at some of the hotels and other accommodation options that Expedia offers in the area.
What's the best hotel to stay close to Caballo Lake?
Pelican Spa is one of the top choices for your stay based on our traveller data, and this hotel offers free parking and free WiFi. You'll find it 14.3 mi (22.9 km) from Caballo Lake. Other good options around the area include Sierra Grande, A Ted Turner Retreat and Rio Grande Motel.
If I need to cancel the hotel reservation for my stay near Caballo Lake, will I receive a refund?
Yes! Most hotel bookings are refundable provided that you cancel before the hotel's cancellation deadline, which in most cases is within 24 or 48 hours of your check-in date. If you booked a non-refundable reservation, it might still be possible to cancel it and be given a refund within a 24-hour period of your booking. Add dates, click "Search", then use the "fully refundable" filter to view the best deals near Caballo Lake.