Mesa del Caballo is a census-designated place (CDP) in Gila County, Arizona, United States.

[3] The CDP is located in northern Gila County atop Houston Mesa, a low ridge north of Payson.

The center of Payson is 5 miles (8 km) south via Houston Mesa Road and Arizona State Route 87.

According to the United States Census Bureau, the CDP has a total area of 0.32 square miles (0.82 km2), all land.

[3] The Payson Senior Center operates the Beeline Bus, which provides local bus service between Payson and Mesa del Caballo.