100 E COPE PL, Hobbs, NM 88242
100 E COPE PL, Hobbs, NM 88242
100 E COPE PL, Hobbs, NM 88242
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Listed by  Found Real Estate
$ 450,000
Est. payment | /mo

20 Acres Lot


Save
$ 450,000
Est. payment | /mo
Save

20 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20260561

HOA Y/N No

Annual Tax Amount $5,788

Lot Size 20.000 Acres

Acres 20.0

Property Sub-Type Farm/Ranch

Source NMMLS

Property Description

Prime Development Opportunity | 20 Acres with High Capacity Irrigation Well and Water Rights Approximately 20 acres to be sold off a larger farm offering a rare combination of water access and development potential. Property includes a high capacity irrigation well approximately 200 feet deep with water encountered around 130 feet and a reported production of approximately 700 GPM plus 21.595 acres of deeded water rights conveying with the sale. The tract offers multiple points of access from Cope Pl and Yuciapa St with future access planned from Fowler Ave extending south from Kansas Ave providing strong long term development flexibility. Flat usable land with exceptional water assets makes this property well suited for residential development ranchettes or continued agricultural use. Located in an area of growth with future infrastructure expansion already planned. A rare opportunity to acquire acreage with significant water capacity multiple access points and long term upside.

Location

State NM

County Lea

Exterior

View Y/N false

Private Pool No

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Tax ID 4000419430001

Mindy Longmire
Mindy Longmire

Owner/Qualifying Broker | License ID: NM19417

+1(575) 626-5411 | mindy@dynamicpropertiesofnm.com

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100 E COPE PL