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    Tbd Caballo Dr Rodeo, NM 88056

    For Sale
    Contact for pricing

    High-desert land, stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Own 20 acres of pristine, undeveloped high-desert land in the Caballos de las Estrella Equestrian Community subdivision near Rodeo, New Mexico, and the Arizona border. This off-grid property boasts breathtaking views of the nearly 10,000-foot Chiricahua Mountains. Enjoy the tranquility and privacy of this unique location, while still having convenient access to the historic towns of Rodeo, NM and Portal, AZ. High-speed internet and telephone service are available at the property line. Community amenities include an equestrian center with stables, washing areas, and a large arena; a community garden; full RV hookups; a gym; and a clubhouse. HOA regulations ensure the preservation of the community's aesthetic appeal, requiring a minimum 1,000 sq ft southwest-style home, with an optional second casita. Permanent trailers and manufactured homes are not permitted, and property splitting is prohibited. This exceptional property offers a secure investment opportunity in a thriving community, providing a hedge against market volatility. The asking price is $29,900. This represents an excellent value for a substantial parcel of land in a desirable location.

    Property Features for 0 Tbd Caballo Dr

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • $29,900 asking price.
    • 20‑acre land parcel.
    • Located in Rodeo, NM, Hidalgo County, zip code 88056.
    • Off‑grid property adjacent to the New Mexico/Arizona border and BLM land.
    • Located in the Caballos de las Estrella Equestrian Community with access to amenities including an equestrian center, community garden, RV hookups, gym, and clubhouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rodeo
    County
    Hidalgo
    State
    New Mexico
    Longitude
    -109.0334318
    Latitude
    31.8095487

    Nearby Comparable

    • Contact for pricing
      20.00 Acres

      Tbd Caballos Dr

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      0 Tbd Caballos Dr, Rodeo, NM 88056
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    • $59,900
      20.00 Acres

      Rodeo, NM Land: 20 Acres

      High-desert acreage with stunning views.
      0 Tbd Caballo Dr, Rodeo, NM 88056
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    • $115,000
      120.00 Acres

      120 Acres Rodeo, NM Land

      High-desert land, unrestricted use.
      0 Tbd Nm Hyw-80 Hwy, Rodeo, NM 88056
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    • New
      $60,000
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      Expansive Land in San Simon, AZ

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    • $125,000
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      Land Near National Forest

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      View Details

    FAQs

    What type of property is this?
    Land - High-desert land, stunning views.
    Where is this land located?
    The property is located at Tbd Caballo Dr Rodeo, NM.
    What is the asking price?
    The asking price for this property is $29,900.
    What are key features of this property?
    This property features: $29,900 asking price.; 20-acre land parcel.; Located in Rodeo, NM, Hidalgo County, zip code 88056.
    Request Owner's contact information
    Tbd Caballo Dr Rodeo, NM 88056
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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
    Tbd Caballo Dr Rodeo, NM 88056
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