0 Tbd Caballo Dr, Rodeo, NM 88056
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.