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TBD E Cope Place, Hobbs, NM 88242

Hobbs
Local realty services provided by:CENTURY 21 Dunagan Associates
TBD E Cope Place,Hobbs, NM 88242
$500,000
  • - Acres
  • Lots / Land
  • Active
Listed by: matthew smith
Office: found real estate
MLS#:20260561
Source:NM_RANM

Price summary

  • Price:$500,000

About this home

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.

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Home facts

  • Listing ID #:20260561
  • Added:78 day(s) ago
  • Updated:April 18, 2026 at 03:12 PM

Structure and exterior

  • Lot Features:Irregular Lot

Utilities

  • Water:Well-Existing, well

Finances and disclosures

  • Price:$500,000
  • Tax amount:$5,788 (2025)

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