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
$368,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 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: $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
| Date | Event | Price |
|---|---|---|
| 3/28/2026 | Listed for sale | $199,900-46.7% |
Source: | ||
| 6/30/2023 | Sold | -- |
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
Public tax history
| Year | Property taxes | Tax 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-DependentNearby schools
GreatSchools rating
- 5/10Cloudcroft Elementary SchoolGrades: PK-5Distance: 8.1 mi
- 4/10Cloudcroft Middle SchoolGrades: 6-8Distance: 8.1 mi
- 6/10Cloudcroft High SchoolGrades: 9-12Distance: 8.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Otero County
- Cloudcroft
- 88339
- 48 Cowan Rd




