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    Caballo, NM
    Agricultural

    Caballo, NM Agricultural Land / Farmland for Sale

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    Arrey, NM Truth Or Consequences, NM Elephant Butte, NM Salem, NM Hillsboro, NM Hatch, NM Rincon, NM
    Farmland with Water Rights
    Updated: Jun 2
    Farmland with Water Rights

    Hwy 187, Caballo, NM 87931

    $40,000
    2.76 AC lot
    2.67‑acre farmland parcel with 1.81 acres of valuable water rights
    Water source: well
    Conveniently located just off Highway 187 with easy access to I‑25
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Caballo, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fenced 20 Acres with Mineral Rights
    Fenced 20 Acres with Mineral Rights

    6100 County Road D087, Las Cruces, NM 88001

    $549,000
    896 sqft 20.00 AC lot

    20 acres, mineral rights, new septic, new well, mountain views.

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    Waterfront Land with Horse Corral
    Waterfront Land with Horse Corral

    1146 Eagle Wings Road, Las Cruces, NM 88012

    $290,000
    3.60 AC lot

    Build-ready river-adjacent acreage with steel pipe horse corrals, multiple wells, and utilities already on site.

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    Ridge-Top View Property
    Ridge-Top View Property

    1076 Highway 35, Mimbres, NM 88049

    Contact for pricing
    4.29 AC lot

    A 4.29-acre ridge property with long-range views of the Gila and outlooks toward Sapillo Creek.

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    Unrestricted Land Parcel with Well
    Unrestricted Land Parcel with Well

    2871 Highway 35, Mimbres, NM 88049

    $75,000

    Unrestricted rural parcel with electric access and a well site, suited for a custom home, workshop, or equestrian setup.

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    Caballo, NM Agricultural Land / Farmland Market Trends and Statistics

    Explore 1 agricultural land / farmland for sale in Caballo, NM on our real estate platform. These investment opportunities span a total of 120,226 square feet of properties for sale, with an estimated market value of $40,000.

    Sale prices for farmlands in Caballo, NM average $40,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 512
    Population Growth (5Y) -33.3%
    College Educated 41.4%

    High-Yield Neighborhoods for Investment

    Identify Caballo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87931 $40K

    Listings Trend

    New vs delisted commercial listings in Sierra County

    New Delisted

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    Most Searched ZIP Codes in Caballo, NM

    • 87931

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