Skip main navigation
Lot/land
  • $199,900

    48 Cowan Rd, Mayhill, NM 88339

    --beds
    --baths
    2Acres
    Unimproved Land
    Built in ----
    2 Acres Lot
    $368,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    18 days
    |
    67
    |
    4
    |

    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#: 172343MLS Logo

      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: $349,581
      • Annual tax amount: $1,939
      • Price range: $199.9K - $199.9K
      • Date on market: 3/28/2026
      • Has irrigation water rights: Yes
      • Road surface type: Unimproved

        Estimated market value

        $368,700

        $339,000 - $406,000

        $1,351/mo

        Price history

        Price history
        DateEventPrice
        3/28/2026Listed for sale$199,900-46.7%
        Source: OCMLS #172343 Report a problem
        6/30/2023Sold--
        Source: OCMLS #167169 Report a problem
        6/15/2023Contingent$375,000
        Source: OCMLS #167169 Report a problem
        4/23/2023Price change$375,000-6%
        Source: OCMLS #167169 Report a problem
        10/25/2022Listed for sale$399,000
        Source: OCMLS #167169 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        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

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88339

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel