40 State Highway 187
Arrey, NM 87930
3 Beds
3 Baths
2,700 sqft (on 40.17 acres)
3 Beds
3 Baths
2,700 sqft
(on 40.17 acres)
Home Value
Trulia Estimate
$570KSince last month
Increased$44K (+8.3%)Since last year
Increased$44K (+8.3%)Since last sale
Increased$432K (+312.8%)Learn more about this home's value by checking out its Trulia Estimate and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +8% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $570K |
| 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 |
|---|---|---|---|---|---|---|---|
4.78 | Single-Family Home | - | 08/04/26 | 2 | 2 | 1,280 | |
4.73 | Single-Family Home | - | 01/08/26 | 1 | 1 | 1,500 |
Local Information
- Map ViewExplore the area around 40 State Highway 187.
- Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1930
Lot Size
40.17 acres
Living Area
2,700 sqft
Price/Sqft
$211
Parking
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 last sold for $138,000 on Jul 7, 2016 (8% below the $150,000 asking price). It is currently off market. The Trulia Estimate is $569,700, with a rent estimate of $2,134/month.
Last check for updates: about 8 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
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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 |
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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 |
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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 |
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Price List Price: $150,000 |
Status Change & Dates Off Market Date: Thu Jul 07 2016Possession Timing: Upon Funding |
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MLS Status: Sold |
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Direction & Address City: Arrey |
School Information Jr High / Middle School: None/Other |
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Building Area Building Area: 2700 Square Feet |
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Not Senior Community |
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Has an HOA |
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Lot Area: 40.17 Acres |
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Disclaimer: Information not guaranteed. Buyer to verify all information. |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 20132007 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 7, 2016 Source: New Mexico MLS #20132007 | Sold | -- |
Market trends in Arrey
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Around this home
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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 $569,700.
- 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 buyer's 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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