1287 Riley Way Chaparral, NM 88081
Estimated payment $1,587/month
About This Lot
Seize this 1.937-acre opportunity at 1287 Riley Way, perfectly positioned for visibility and convenience. Just one lot from Highway 54, you'll capture steady traffic flowing between El Paso and Alamogordo, while Riley Way itself channels daily neighborhood traffic right past your door. This property is already equipped with water and electricity, with only a septic tank installation needed--saving you time and startup costs. Its generous size offers endless possibilities: retail, service, storage, or mixed-use--you name it. With great road frontage, easy access, and infrastructure in place, this lot is a green light for your next big idea. Properties with this kind of location and readiness don't last long--call today to secure your spot in Chaparral's growing business corridor!
Property Details
Property Type
- Land
Est. Annual Taxes
- $718
Lot Details
- 1.94 Acre Lot
- Property fronts a county road
- Desert Landscape
Community Details
- No Home Owners Association
- Hueco Bolson Subdivision
Listing and Financial Details
- Assessor Parcel Number 16N4034155230381
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $718 | $22,598 | $22,598 | $0 |
| 2024 | $718 | $22,598 | $22,598 | $0 |
| 2023 | $720 | $22,500 | $22,500 | $0 |
| 2022 | $720 | $22,500 | $22,500 | $0 |
| 2021 | $270 | $8,432 | $8,432 | $0 |
| 2020 | $270 | $8,432 | $8,432 | $0 |
| 2019 | $262 | $8,266 | $8,266 | $0 |
| 2018 | $262 | $8,184 | $8,184 | $0 |
| 2017 | $254 | $8,024 | $8,023 | $0 |
| 2016 | $257 | $8,024 | $0 | $0 |
| 2015 | $246 | $7,867 | $0 | $0 |
| 2014 | -- | $7,867 | $7,867 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Price Changed | $289,900 | -3.4% | -- |
| 08/13/2025 08/13/25 | For Sale | $300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Contract Of Sale | $67,500 | None Available | |
| Warranty Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Previous Owner | $20,000 | Land Contract Argmt. Of Sale |
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)
MLS Number: 2502516
APN: R052805
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