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    Tbd Caballo Dr Rodeo, NM 88056

    For Sale
    $59,900

    High-desert acreage with stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 20-acre parcel in the Caballos de las Estrellas Equestrian Community near Rodeo, New Mexico, offers breathtaking panoramic views of the Chiricahua Mountains. Bordering both the Arizona state line and BLM land, this property provides a secluded yet accessible retreat. Enjoy a mild climate, clean air, and numerous recreational opportunities including trail riding, hiking, and stargazing. The land boasts a registered domestic well (requiring a pump) and two existing septic systems. Utilities such as electricity and high-speed internet/phone are readily available at the property line. Community amenities include an equestrian center with stables and arena, a community garden, RV hookups, a gym, and a clubhouse. HOA regulations ensure a cohesive community aesthetic, requiring a minimum 1000 sq ft southwest-style home with an optional casita. No manufactured homes or property splitting is permitted. This unique property is priced at $59,900 and presents a secure investment opportunity. Owner financing is available with 50% down. The property's remote location offers tranquility while maintaining convenient access to the historic towns of Rodeo, NM and Portal, AZ.

    Property Features for 0 Tbd Caballo Dr

    General Information

    Property type
    Land
    Lot Size
    871,200 SF
    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

      Land • 20.00 Acres
      0 Tbd Caballos Dr, Rodeo, NM 88056
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    • Contact for pricing
      20.00 Acres

      20 Acres in Rodeo, NM

      High-desert land, 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
      37.00 Acres

      Expansive Land in San Simon, AZ

      37 acres of undeveloped land with mountain views.
      37 Acres Blacktail Rd, San Simon, AZ 85632
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    • $125,000
      Pending

      Land Near National Forest

      Acreage near Portal with mountain views and utilities.
      -- S Wandervogel Way, Portal, AZ 85632
      View Details

    FAQs

    What type of property is this?
    Land - High-desert acreage with 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 $59,900.
    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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