Caballo Mountains Caballo Mountains The Caballo Mountains, (Spanish: "horse") are a mountain range located in Sierra and Doña Ana Counties, New Mexico, United States. The range is located east of the Rio Grande and Caballo Lake, and west of the Jornada del Muerto; the south of the range extends into northwest Doña Ana County. The nearest towns are Truth or Consequences and Hatch. Most of the Caballo Mountains are located on land owned by the Bureau of Land Management. The mountains are unusual, and perhaps unique in New Mexico, for the relatively complete geologic history revealed by their rocks. Vehicular access to
Caballo Lake there are many sandy areas. Beware of the whirlpool at the dam, as it can be a hazard. Caballo Lake Caballo Lake is a reservoir on the Rio Grande in southern New Mexico, United States. It is the fourth largest reservoir in New Mexico in terms of surface area and the fifth largest body of water in New Mexico in terms of volume. The lake is in Caballo Lake State Park, which is approximately south of Truth or Consequences. The lake is used for recreational activities, such as boating, swimming, waterskiing, and fishing. Fish in the lake include walleye, bass,