Advertise
    Caballo, NM
    Land

    Caballo, NM Land for Sale

    Notify Me
    List
    Map
    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
    View details
    Residential Acreage with Mountain Views
    Updated: Sep 24, 2025
    Residential Acreage with Mountain Views

    21 Appaloosa Road, Caballo, NM 87931

    $110,000
    Approximately 4.2 acres off Hwy 187
    Great views of the Caballo Mountains
    Includes a well and septic
    Space suitable for an RV setup, with carports included
    Just minutes to Caballo Lake and I‑25
    View details
    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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Caballo, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Industrial Land with Metal Building
    Industrial Land with Metal Building

    318 Hall Road, Arrey, NM 87930

    Contact for pricing
    0.72 AC lot

    0.72-acre property with an older manufactured home and a large partitioned metal building, sold as-is.

    View details
    Fully Fenced Mountain-View Parcel
    Fully Fenced Mountain-View Parcel

    1105 Marshall St, Truth Or Consequences, NM 87901

    $85,000
    0.75 AC lot

    A fully fenced parcel with all utilities in place and mountain views, located just minutes from town amenities.

    View details
    Residential Land in Truth or Consequences
    Residential Land in Truth or Consequences

    916 Spruce Street, Truth Or Consequences, NM 87901

    $38,000
    0.23 AC lot

    Centrally located land suitable for building a dream home.

    View details
    LAND - Arrey, NM
    LAND - Arrey, NM

    318 Hall Road, Arrey, NM 87930

    Contact for pricing
    0.72 AC lot

    Land · 0.72 Acres

    View details

    Off-Market Properties in Caballo, NM

    Consider similar Off-Market properties in Caballo, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    14525 Hwy 187 Hwy
    Specialty properties

    14525 Hwy 187 Hwy, Caballo, NM 87931

    Value Estimation by Request
    2.40 AC lot
    View details

    Caballo, NM Land Market Trends and Statistics

    Explore 3 land 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 $150,000.

    Sale prices for lots in Caballo, NM start at $40,000, averaging $75,000, and reaching up to $110,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 2
    Agricultural land / Farmland 1

    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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Land for Sale Near Caballo, NM

    Popular Searches in Caballo, NM

    Most Searched ZIP Codes in Caballo, NM

    • 87931

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!