# Hwy 187, Caballo, NM 87931

> **TL;DR:** land, $40,000. Est. $214/mo. Listed 148 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $40,000 |
| Lot Size | 120,226 sqft (2.76 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 148 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $202 |
| Estimated Insurance | $12 |
| **Total** | **$214** |

## Property Highlights

- 2.76 acre lot

## Description

### Agent Description
2.67-acre parcel of farmland featuring 1.81 acres of valuable water rights. Conveniently located just off Highway 187 with easy access to I-25, this property offers exceptional accessibility while preserving the tranquility of a rural setting. Whether you're looking to expand your agricultural operation, establish a small farm or build your dream home, this versatile property combines location and usability in one attractive package.

## Location

- **Address:** Hwy 187, Caballo, NM 87931
- **County:** Sierra
- **Coordinates:** 32.907117, -107.311483
- **Google Maps:** https://www.google.com/maps?q=32.907117,-107.311483

## Listing Agent

- **Name:** Norma Saenz
- **Brokerage:** Saenz & Smith Real Estate, Co.
- **Broker Phone:** (575) 386-2363
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/00-Highway-187_Caballo_NM_87931_M97185-20088?f=listhub&s=LASCRUCES&m=2600083&c=propsimple)

## Photos

![Hwy 187 - Photo 1](http://lh.rdcpix.com/8ce8ebb0a3cc1c36ed7149ddcfc7ca89l-f492974841r.jpg)

![Hwy 187 - Photo 2](http://lh.rdcpix.com/8ce8ebb0a3cc1c36ed7149ddcfc7ca89l-f1100876414r.jpg)

![Hwy 187 - Photo 3](http://lh.rdcpix.com/8ce8ebb0a3cc1c36ed7149ddcfc7ca89l-f1823155676r.jpg)

![Hwy 187 - Photo 4](http://lh.rdcpix.com/8ce8ebb0a3cc1c36ed7149ddcfc7ca89l-f2674569085r.jpg)

![Hwy 187 - Photo 5](http://lh.rdcpix.com/8ce8ebb0a3cc1c36ed7149ddcfc7ca89l-f1291152962r.jpg)

![Hwy 187 - Photo 6](http://lh.rdcpix.com/8ce8ebb0a3cc1c36ed7149ddcfc7ca89l-f2335494855r.jpg)

---

**MLS#:** 2600083 | **Updated:** 2026-10-22
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/hwy-187-caballo-nm-87931-2a18b4c49e7445718a26cfa4956493a3)

---

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