The Hot Spot follows a drifter named Harry Madox who arrives in a small Texas town. He quickly lands a job at a used car dealership and becomes entangled in a web of deceit, lust, and crime. Harry soon finds himself caught between a seductive femme fatale named Gloria and a married woman named Dolly. As he becomes more involved with both women, Harry hatches a plan to execute a bank heist. However, his carefully laid out scheme takes unexpected turns as secrets are revealed and tensions rise. The plot thickens with each twist, leading to a suspenseful climax where Harry must face the consequences of his actions.