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    324 Caballo Blanco Mimbres, NM 88049

    For Sale
    $149,900

    LAND - Mimbres, NM

    Lot size:
    21.58 Acres
    Days on Market:
    230
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 324 Caballo Blanco

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R069101, R068644
    Lot size
    21.58 Acres

    Utilities

    Sewer type
    Aerobic Septic
    Water source
    Public

    Century 21 Hacienda Realty (575) 388-1921

    Listing agent Cyril L Nalty (575) 388-1921 License #52815

    Listing date Apr 24, 2025

    Copyright © 2025 Silver City Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mimbres Land with Mountain Views

    This 21.58-acre property is located in the Casa Adobe subdivision in Mimbres, New Mexico. It features two front lots with restrictions suitable for building a custom home of 1,300 square feet. The remaining 17+ acres are unrestricted, offering flexibility for building or expansion. A cabin is situated on the unrestricted portion of the land. The property provides views of the Mimbres Valley and the Black Range mountains. Utilities are in place, including electric, septic, and water, along with an RV hookup. A road providing easy access to the property has been improved with an investment of $13,000. The property offers potential for a mountain getaway, a homestead, or an investment opportunity. There is audio and video surveillance on the small cabin, and no utilities are connected to the cabin.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Mimbres
    County
    Grant
    State
    New Mexico
    Longitude
    -107.9454768
    Latitude
    32.81322245

    Nearby Similar for Sale

    • $500,000
      Pending

      Mimbres Valley Live-Work Resort

      Live and work in paradise. Perfect for retreats and events.
      102 Wilson Rd, Mimbres, NM 88049
      View Details

    FAQs

    What type of property is this?
    Land - 21.58 acres in Mimbres, NM with utilities and cabin.
    Where is this land located?
    The property is located at 324 Caballo Blanco Mimbres, NM.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - 21.58 acres offering building flexibility with restricted and unrestricted land (for a 1,300 sq ft home).; - Breathtaking views of the Mimbres Valley and Black Range mountains.; - Existing utilities (electric, septic, and water) and RV hookup already in place.
    (575) 388-1921
    Request Owner's contact information
    324 Caballo Blanco Mimbres, NM 88049
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    Mimbres, NM 88049
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324 Caballo Blanco Mimbres, NM 88049
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