Mesa Del Caballo is just a few miles outside of Payson and sits on a mesa overlooking the East Verde between Beaver Valley and Payson. This Is unique community offers a rural setting and a very unusual mix of housing types. Dwellings range from beautiful vacation homes to trailers and just about everything in between. The communities 800 properties present a wide mix of homes and price points. The community is known as a great place to look for real estate bargains with easy access to the Verde River.