40 State Highway 187, Arrey, NM 87930
OFF MARKET

$547,000

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,700 sqft (on 40.17 acres)

40 State Highway 187, Arrey, NM 87930

Est. Refi. Payment $3,377/mo*
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Home Value

Trulia Estimate
$547K
Since last month
Decreased$24K (-4.2%)
Since last year
Increased$20K (+3.7%)
Since last sale
Increased$408K (+295.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +4% in the last 10 years
MonthEstimated value
2026
October 2026$546K
September 2026$537K
August 2026$569K
July 2026$526K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
119 Trujillo Creek Rd, Arrey, NM
1.17
Single-Family Home
-
09/11/26
2
3.5
2,146
14291 187th Hwy, Caballo, NM
4.78
Single-Family Home
-
08/04/26
2
2
1,280
8 Independence Dr, Williamsburg, NM
4.73
Single-Family Home
-
01/08/26
1
1
1,500

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
32 El Shaddai Baquera Loop, Arrey, NM 87930
0.02
$207,100
3
2
1,680
Off Market
2 Trujillo Creek Rd, Arrey, NM 87930
0.06
-
Studio
-
-
Off Market
13729 Highway 187, Arrey, NM 87930
0.08
$218,000
3
1
1,221
Off Market
8 Lure Rd, Arrey, NM 87930
0.08
-
Studio
-
1
Off Market
8 Lure Rd, Arrey, NM 87930
0.08
-
Studio
-
-
Off Market
13725 Highway 187, Arrey, NM 87930
0.09
$153,800
2
1
982
Off Market
1 & 2 Trujillo Creek Rd, Arrey, NM 87930
0.12
-
Studio
-
-
Off Market
9 El Faro Rd, Arrey, NM 87930
0.12
-
3
1
-
Off Market
El Faro Rd, Arrey, NM 87930
0.13
-
-
-
-
Recently Sold
7 Cosper Rd, Arrey, NM 87930
0.13
-
Studio
-
-
Off Market
13716 Highway 187, Arrey, NM 87930
0.13
$317,000
7
4
3,465
Off Market
16 Arrey Rd, Arrey, NM 87930
0.14
-
2
1
1,643
Off Market
20 Arrey Rd, Arrey, NM 87930
0.15
-
2
1
1,124
Off Market
10 Trujillo Creek Rd, Arrey, NM 87930
0.16
$360,900
3
2
1,400
Off Market
10 Trujillo Creek Rd, Arrey, NM 87930
0.16
$154,300
Studio
-
-
Off Market
56135 Trujillo Creek Rd, Arrey, NM 87930
0.16
-
-
-
-
Off Market
17 Cosper Rd, Arrey, NM 87930
0.16
-
-
-
1
Off Market
17 Cosper Rd, Arrey, NM 87930
0.16
-
Studio
-
-
Off Market
12 Saint Fabian Rd, Arrey, NM 87930
0.16
-
Studio
-
1
Off Market

Local Information

  • Map ViewExplore the area around 40 State Highway 187.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1930
40.17 acre lot
2,700 sqft
$203/sqft
Garage

About this House

40 acre ranch with mature pecan farm in Arrey, NM. 2-story 2700 sq ft home w/est 60 x 60 attached wkshop/garage + separate 932 sq ft adobe home w/ some upgrades needed. Large living spaces downstairs w/ beautiful rock walls + bedrms & living spaces upstairs too. Other out bldgs + pump house. Circular paved drive way. Ready for farm and/or garage business. Close to Caballo Lake & Elephant Butte Lake State Parks & minutes from I-25 & T or C.
40 State Highway 187, Arrey, NM 87930 is a 3 bedroom, 3 bathroom, 2,700 sqft single-family home built in 1930. It was last sold on Jul 7, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $547,000.
Last check for updates: about 9 hours ago
Listed by Susan Lowe, (575) 740-1874
Turtle Mountain Realty
Bought with: Susan Lowe, (575) 740-1874, Turtle Mountain Realty
Source: New Mexico MLS, MLS#20132007

Home Details for 40 State Highway 187

Interior Features

Interior Details
Number of Rooms: 6
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2700 Square Feet
Heating & Cooling
Heating: Wood StoveHas HeatingHeating Fuel: Wood Stove
Fireplace & Spa
No FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood, Tile, Wood
View
No View

Exterior Features

Exterior Home Features
Roof: Metal PitchedFencing: Cross FencedOther Structures: WorkshopExterior: Horses Allowed, Irrigation
Parking & Garage
Number of Garage Spaces: 6Number of Covered Spaces: 6No CarportHas a GarageNo Attached GarageParking Spaces: 6Parking: Garage
Frontage
Not on Waterfront
Farm & Range
Not Allowed to Raise Horses
Surface & Elevation
Topography: Cross Fenced

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Block - CinderNot Attached PropertyDoes Not Include Home Warranty
Property Information
Included in Sale: Free-Standing Range, Gas Water Heater, Refrigerator, Washer, Irrigation Equipment

Price & Status

Price
List Price: $150,000
Status Change & Dates
Off Market Date: Thu Jul 07 2016Possession Timing: Upon Funding

Active Status

MLS Status: Sold

Location

Direction & Address
City: Arrey
School Information
Jr High / Middle School: None/Other

Building

Building Area
Building Area: 2700 Square Feet

Community

Not Senior Community

HOA

Has an HOA

Lot Information

Lot Area: 40.17 Acres

Documents

Disclaimer: Information not guaranteed. Buyer to verify all information.

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 20132007

Price and Tax history

DateEventPrice
Jul 7, 2016
Source: New Mexico MLS #20132007
Sold
--

Market trends in Arrey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Around this home

LGBTQ Local Legal Protections

The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

Frequently asked questions about 40 State Highway 187

  • What is 40 State Highway 187 estimated to be worth?
    Trulia's estimated value for 40 State Highway 187 in Arrey, NM is $547,000.
  • What is the price history for 40 State Highway 187?
    40 State Highway 187 in Arrey, NM last sold in July 2016.
  • Is Arrey a buyer's or seller's market?
    Arrey is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 40 State Highway 187?
    The closest schools to 40 State Highway 187 in Arrey, NM are Arrey Elementary School (Pre-K, rated 5/10), Hot Springs High School (rated 5/10), Sierra Elementary School (rated 5/10).
  • Does 40 State Highway 187 have a yard?
    Yes, 40 State Highway 187 in Arrey, NM has a yard.
  • How big is the lot at 40 State Highway 187?
    The lot at 40 State Highway 187 in Arrey, NM is about 40.2 acres.

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