******Multifamily Horse Property - with Huge Potential!*******Rare opportunity! This multifamily horse property sits on just over 5 acres of usable land featuring ***multiple residential units***, it's perfect for extended families, rental income, or a live- and- lease setup. ***Needs TLC***- Bring your tools and vision and customize. Solid structures, functional layouts, and incredible upside! Enjoy peaceful country living just minutes from Las Cruces or El Paso. Zoned for horses and ready for your upgrades- don't miss this value-add gem!!!
For sale
$799,000
1604 Mathis Rd, Chaparral, NM 88021
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1968
-- sqft lot
$762,200 Zestimate®
$--/sqft
$-- HOA
What's special
Usable land
- 163 days |
- 109 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: July 31, 2025 at 09:02pm
Listed by:
Melissa Robinson 575-644-3821,
Cripple Creek Realty, LLC 575-343-5980
Source: SNMMLS,MLS#: 2502336
Tour with a local agent
Facts & features
Interior
Heating
- Natural Natural Gas, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Varies
Features
- Flooring: Flooring Foundation: Carpeting, Flooring Foundation: Ceramic Tile
Property
Parking
- Parking features: Garage, On Street, Paved
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Fencing: Back Yard,Pipe,Chain Link
Lot
- Size: 5.66 Acres
- Dimensions: 5.01 to 10 AC
Details
- Parcel number: 4018154360490
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
- Roof: Metal,Pitched
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Chaparral
Financial & listing details
- Tax assessed value: $160,431
- Annual tax amount: $1,624
- Date on market: 7/30/2025
Estimated market value
$762,200
$724,000 - $800,000
$1,020/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2025 | Listed for sale | $799,000 |
Source: SNMMLS #2502336 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,624 +2.3% | $53,477 +3% |
| 2023 | $1,587 +0.2% | $51,920 +0% |
| 2022 | $1,584 +3.6% | $51,919 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,573/mo
Principal & interest
$3874
Property taxes
$419
Home insurance
$280
Climate risks
Neighborhood: 88021
Nearby schools
GreatSchools rating
- 4/10Berino Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 4/10Gadsden Middle SchoolGrades: 7-8Distance: 3.1 mi
- 7/10Gadsden High SchoolGrades: 9-12Distance: 4.5 mi
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