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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Mindy Longmire

Mindy Longmire

+1(575) 626-5411
Listed by  Found Real Estate
$ 400,000
Est. payment | /mo

20 Acres Lot

Save
$ 400,000
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

20 acre land opportunity near Hobbs, New Mexico, offering a combination of development potential, water rights, and existing agricultural utility. Offered at $400,000, the property provides an attractive basis of approximately $20,000 per acre. The property includes water rights and a high-capacity irrigation well, providing valuable existing infrastructure and flexibility for continued agricultural use or future development. With approximately 20 acres of contiguous land, the property offers potential for residential subdivision, larger residential lots, or other permitted uses subject to applicable approvals and development requirements. Access is available from Cope Place and Yuciapa, providing connectivity to the surrounding area and nearby Hobbs market. For buyers seeking a larger project, the adjacent 126 acre tract is also available for purchase, creating the potential to assemble approximately 146 contiguous acres. The combined properties offer a significant opportunity for a larger residential development, ranch, agricultural operation, or long-term land investment. Property is owned by the selling broker.

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

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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