Caballo Lake is a reservoir on the Rio Grande River 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 16 miles (26 km) south of Truth or Consequences. The lake is used for recreational activities, such as boating, swimming, water skiing, and fishing. Fish in the lake include bass, catfish, crappie, and bluegill.
Fishing is reported as being slow. The water levels are rising but are still at low levels. Try fishing in deeper areas with minnows and night crawlers.
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