Tbd Caballo Dr Rodeo, NM 88056
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tbd Caballo Dr
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rodeo
- County
- Hidalgo
- State
- New Mexico
- Longitude
- -109.033
- Latitude
- 31.8095
