Farmland with Water
Hwy 187 Caballo, NM 87931
Hwy 187, Caballo, NM, 87931
$40,000
Pending
For Sale
$40,000
Pending
LAND - Caballo, NM
Lot Size2.76 Acres
Days on Market51
Property Features for Hwy 187
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Pending
- 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
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 Updated: Jul 3 at 5:40PM Checked: Jul 22 at 2:06PM
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 2.67-acre farmland parcel includes 1.81 acres of valuable water rights, creating a practical foundation for irrigation-dependent uses. The property’s layout supports multiple approaches, whether you want to expand an agricultural operation or establish a small farm. It also offers the space and flexibility to build a dream home while keeping the benefits of an agricultural setting.
Located just off Highway 187, the site provides convenient access to the region without giving up a quieter rural environment. I-25 is also within easy reach, which can be helpful for day-to-day access, transporting materials, or supporting an operator’s routine.
For buyers looking for land that can serve more than one purpose, this parcel is a strong fit because it combines usable acreage with included water rights. It may work well for an owner-operator seeking to maintain or grow farming activities, or for someone wanting a rural lifestyle with the option to keep the land in agricultural production.
Located just off Highway 187, the site provides convenient access to the region without giving up a quieter rural environment. I-25 is also within easy reach, which can be helpful for day-to-day access, transporting materials, or supporting an operator’s routine.
For buyers looking for land that can serve more than one purpose, this parcel is a strong fit because it combines usable acreage with included water rights. It may work well for an owner-operator seeking to maintain or grow farming activities, or for someone wanting a rural lifestyle with the option to keep the land in agricultural production.
Key Highlights
- 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
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
FAQs
What type of property is this?
Agricultural land / Farmland - A rural parcel with valuable water rights, offering flexibility for farming, a small farm, or a residential build.
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: 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
