Agricultural Land with Water
For Sale
$40,000
Hwy 187, Caballo, NM 87931
Land, Caballo, NM
Property SizeContact for details
Lot Size2.76 Acres
Days on Market101
Property Features for Hwy 187
General Information
Property type
Land
Property subtype
Other
Directions
Traveling from Las Cruces, go North on I-25 then exit Garfield exit, at stop sign turn right on to HWY 187, property is on the left hand side of the road between Robison Rd & Aguirre Rd
Subdivision
All Areas
Standard status
Active
APN
3026100050255
Lot size
2.76 Acres
Taxes and HOA fees
Tax Description
Book 134 Page 3351 Reception# 202100149Section 23 Township 17 S Range 5 W
Legal Description
Book 134 Page 3351 Reception# 202100149Section 23 Township 17 S Range 5 W
Utilities
Water source
Well
Listing Agency:
Saenz & Smith Real Estate Co
(575) 386-2363
Listed By:
Norma Saenz · License #20720
(575) 644-7654
Added: Jun 2
Changed: Aug 19
Last Checked: Sep 10 at 8:06AM
MLS# 2600083
Copyright © 2026 Las Cruces Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This agricultural land parcel includes 1.81 acres of water rights and a well, supporting continued agricultural use. The property is positioned along Hwy 187 near Caballo, with access to I-25 for regional connectivity.
The source information identifies the parcel as suitable for expanding an agricultural operation or establishing a small farm. Its rural setting and available water resources provide the primary physical characteristics for evaluating the land.
The source information identifies the parcel as suitable for expanding an agricultural operation or establishing a small farm. Its rural setting and available water resources provide the primary physical characteristics for evaluating the land.
Key Highlights
- 1.81 acres of water rights
- Well water source
- Located along Hwy 187 in Caballo, NM
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 87931, NM
633
Population
372
Households
1.7
Avg Household Size
62
Median Age
24%
College-Educated
98%
High-School Grad
166.7 sq mi
ZIP Area
4
Density / Sq Mi
$14,779
Median Earnings
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Farmland with a private well and convenient access to I-25.
Where is this agricultural land / farmland located?
The property is located at Hwy 187 Caballo, NM.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: 1.81 acres of water rights; Well water source; Located along Hwy 187 in Caballo, NM
