Rare unrestricted 2 acres bordering National Forest!!!! This property has a mild slope at the top near road with a shared water well and power to property line. This acreage would make a great building site or even a great place for recreational use. These 2 acres are through a gated community named Cloud Country Estates yet unrestricted and (not) part of The Estates or the HOA. Property owners can become part of the amenities with yearly fees but required just optional. This property has an abundance of wildlife such as Elk, bear, deer, turkey. If you're an outdoorsman, hunter or just a lover of the quiet mountains and like privacy this rare find may be perfect for you!!! This is a must-see property. Bring offers.
Lot/land
$199,900
48 Cowan Rd, Mayhill, NM 88339
--beds
--baths
2Acres
Unimproved Land
Built in ----
2 Acres Lot
$385,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 156 days
- 53
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Thomas Mack 575-491-4347,
Aspen Trails Realty 575-682-7778
Source: OCMLS,MLS#: 172343
Facts & features
Property
Lot
- Size: 2 Acres
- Dimensions: 2 acres
- Features: Wooded, Horse Property, Borders Pub. Ld, Unimproved Land, 1-2 Acres
Details
- Parcel number: R040811
- Zoning description: No Zone,Not Zoned
- Horses can be raised: Yes
Utilities & green energy
- Electric: At Prop. Line
- Sewer: None
- Water: Shared Well
Community & HOA
Community
- Subdivision: Cowen Acres
Location
- Region: Mayhill
Financial & listing details
- Tax assessed value: $353,502
- Annual tax amount: $1,963
- Price range: $199.9K - $199.9K
- Date on market: 3/28/2026
- Has irrigation water rights: Yes
- Road surface type: Unimproved
Estimated market value
$385,100
$350,000 - $424,000
$1,351/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2026 | Listed for sale | $199,900-46.7% |
Source: | ||
| 6/15/2023 | Contingent | $375,000 |
Source: | ||
| 4/23/2023 | Price change | $375,000-6% |
Source: | ||
| 10/25/2022 | Listed for sale | $399,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,963 +1.3% | $117,834 +1.1% |
| 2024 | $1,939 +30.5% | $116,527 +24.1% |
| 2023 | $1,485 +454.9% | $93,931 +641.5% |
| 2022 | $268 -0.2% | $12,667 |
| 2021 | $268 +20.4% | $12,667 +20.8% |
| 2020 | $223 +2% | $10,482 +2% |
| 2019 | $218 +1% | $10,276 +1% |
| 2018 | $216 +2.4% | $10,175 +2% |
| 2017 | $211 +2% | $9,975 +2% |
| 2016 | $207 | $9,779 +2% |
| 2015 | -- | $9,588 |
Find assessor info on the county website




