Caballo is located just east of the lake of Caballo and Rio Grande. Caballo is located the Counties of Doria Ana and Sierra counties in the U.S. State of New Mexico. The place is famous for its mountain range.
Spanish, ''Cabalo''means horse. The city is elevated upto a height of about 7500ft. from the ground level. Very few people live here and they are principally engaged with agriculture and other related services.