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For sale
  • $1,900,000

    718 State Route 523, Clovis, NM 88101

    4beds
    5,896sqft
    : 
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    Single Family Residence
    Built in 1980
    81.4 Acres Lot
    $1,091,900 Zestimate®
    $322/sqft
    $-- HOA

    What's special

    Welcome to your ultimate equestrian estate! Located on 81.4 acres, this fully equipped horse property is a rare opportunity for trainers, breeders, investors, or anyone seeking a turnkey ranch lifestyle with luxury amenities and income-producing units. Main Residence 5,896 Sq Ft 4 Bedrooms | 5 Bathrooms | Office or 5th Bedroom. Recently remodeled kitchen (2024) with quartz countertops, farmhouse sink, and brand-new appliances. Expansive living room with loft, perfect for entertaining. Renovated primary suite with updated flooring and fresh paint. Spacious laundry/mud room with quartz counters + large adjacent storage room. Three patios for outdoor living. New roof (2024) | Spray foam insulation | 3 new AC units (2023, 2024, 2025) New water softener (2024) and rebuilt sprinkler system. Private water with 2 wells (new pumps in 2023 & 2025). Horse & Ranch Facilities: 6 barns | 106 total stalls | 2 round pens | 72 outdoor stalls + 12 group pens for mares and foals | Indoor enclosed arena and outdoor arena | Mare Barn with 7 indoor/outdoor stalls and attached shop (new garage doors). Includes fully remodeled 2 bed / 2 bath apartment (2024) rented at $950/mo. Stud Barn with 8 oversized indoor stalls, metal doors, and wood plank flooring. Vet Clinic with: 18 indoor stalls, Stocks, collection dummy, and breeding equipment | Multiple offices + conference area. Two remodeled efficiency apartments (2025) One currently rented for $650/mo.; second apartment recently completed. Additional structures: Equipment barn, Hay barn, Shavings barn. Rental & Income Potential: 3 apartments total: One 2 bed / 2 bath unit, Two 1 bed / 1 bath efficiencies. Combined potential rental income over $2,200 /month. Square Footage Breakdown: Primary Residence: 5,896 Mare Barn: 7,092 Stud Barn: 7,080 Vet Office: 13,872 Hay Barn: 3,250 Quonset Barn: 3,500 Indoor Arena: 4,850 Horse Stalls: 35,400 Loafing Sheds: 7,616. Located 1 mile outside of Clovis, NM, this one-of-a-kind property is a prime rural setting with privacy, functionality, and infrastructure.
    38 days
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    127
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Rolston 575-499-3515,

    Town & Country Real Estate, Inc. 575-762-7776

    Source: New Mexico MLS,MLS#: 20263290MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      • Partial bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s), Fireplace, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
      • Flooring: Carpet, Tile, Vinyl
      • Has basement: Yes
      • Number of fireplaces: 3
      Interior area
      • Total structure area: 5,896
      • Total interior livable area: 5,896 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage
      • Garage spaces: 4
      Features
      • Stories: 1
      • Patio & porch: Patio, Patio Covered
      • Exterior features: Horses Allowed
      • Fencing: Cross Fenced
      Lot
      • Size: 81.4 Acres
      • Topography: Cross Fenced, Pipe, Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional structures: Workshop
      • Parcel number: 121401246213200, 121

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Stucco
      • Roof: Pitched
      Condition
      • Year built: 1980

      Utilities & green energy

      • Water: Private
      • Utilities for property: Electricity Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Clovis

      Financial & listing details

      • Price per square foot: $322/sqft
      • Tax assessed value: $405,555
      • Annual tax amount: $8,288
      • Date on market: 6/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Inclusions: Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Water Softener
      • Electric utility on property: Yes

        Estimated market value

        $1,091,900

        $884,000 - $1.34M

        $3,211/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$1,900,000$322/sqft
        Source: New Mexico MLS #20263290 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $135,185 +3%
        2024$2,644 -6.9%$131,248 -5.8%
        2023$2,840 +3%$139,325 +3%
        2022$2,756 $135,268 +3%
        2021-- $131,330 +3%
        2020$2,545 $127,505 +3%
        2019$2,545 +7%$123,792 +3%
        2018$2,377 $120,187 +3%
        2017$2,377 +8.3%$116,687 +3%
        2016$2,195 $113,289 +3%
        2015$2,195 +4.1%$109,990 +3%
        2014$2,108 $106,788
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 88101

        Getting around

        0 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: None/Other

        Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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