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$265,000
3 Beds ⋅ 2 Baths ⋅ 26000130 MLS
This unique home offers classic Santa Fe style charm and features including inviting indoor and outdoor living spaces perfect for entertaining. If you are looking for your next home or an investment property this home is ready for your personal touch!

616 Mesa St E, Hobbs
$225,000
20264033 MLS
Great North Side location to build a NEW home. Apx 2.3 Acres with a 28 x 80 Shop/Barn/warehouse on it. Access to the property from 2 sides.

N Tomlinson St, Hobbs
$240,000
3 Beds ⋅ 2 Baths ⋅ 20263995 MLS
BRING YOUR VISION AND TRANSFORM THIS 3 BEDROOM, 2 BATH HOME INTO SOMETHING TRULY SPECIAL! Bring your personal touch to this "FIXER UPPER" rehab needed, centrally located and near an elementary school. Home is being sold 'AS IS" .

1906 N Rojo St, Hobbs
$2,200,000
4 Beds ⋅ 3 Baths ⋅ 20261020 MLS
Beautiful ranch style home with 3 car garage & 1 pass through, pool with slide & hot tub large covered patio with electric screens for the summer weather, large shop/guest quarters appx 65 x 40 with appx 850 +/- heated & cooled area and a large 3/4 bathroom, 10 x 55 storage with garage door & 40 x 30 garage with 3-10' garage doors on its own septic. Flier with more details provided in Associated Docs. Home is beautiful with unique treatments on various walls & ceilings throughout. Open floor plan spotlighting a large kitchen and dining space with an island/bar area, double ovens w/warmer, gas stove top, new hood and soft close cabinets looking onto a huge family room complete with a fireplace. (large chandeliers pictured will not remain) Large main bedroom suite area has a vaulted ceiling , electric fireplace with blower and a walk in closet with extra built ins. The main bath area has a stand alone copper tub with a feature wall & chandelier on the opposite side is an enclosed rock finish shower with a rain shower head an electronic steam sauna. Double sink vanity with vessel sinks on top of granite with a full lighted mirror. Amazing butler pantry that is SO large a bar table even fits, cold water sink, freezer/fridge combo, wine fridge, ice maker, lazy susans & special pull outs for storage or liquor. sliding barn door leads to a Huge mud room with an island & multiple wall coveys and a large 3/4 bathroom and extra large closet for coats, caps, hats & muddy boots! Mud room leads to back home or 3 car garage with center section drive through. 3 large bedrooms are located on the other side of the home with a bathroom and double sinks with lots of storage. Just outside the office/den area are large windows looking out onto the patio & pool area. Covered patio with electric shades to block out the hot NM sun all looking overlooking an appx 45 x 20 pool/hot tub combo with a slide, diving board, electric pool cover and waterfall fountains into pool. Back yard has a gazebo for setting up your cookers and on the other side a firepit. Just to the back of the home & pool is a large shop building 3-10' overhead garage door combo. appx 850 +/- heated & cooled area currently used for a weight room with a huge fan & large bathroom & shower. Just to the back of garage section is a 10 x 55 storage area with another garage door. Shop building is on it's own septic. This could be a great guest quarters or media/man cave. On the West side of this incredible shop is a basketball/pickle ball court! This property is to be sold with the adjoining Farm appx 140.41 acres with wtr rights, 2 big barns, 2 lighted arenas, 2 horse walkers, pivot and 50 acres of Giant Bermuda and 50 acres of Wheat. Both properties are currently going through a one time exemption which will alter current sizes however both will still total 145.41 acres together. Listing Brokers have well & Septic permits to provide upon contract. 10 acres to the SE of property with home, barn & stalls may be purchased separately. MLS # 20261018 FARM/Ranch listing to be sold together with this listing. Just ask for more information.

3410 E Rose Rd, Hobbs
$975,000
20261733 MLS
Shipp Apartments is a 12-unit studio apartment complex offering strong in-place occupancy and potential upside through future rent growth. The property is currently 100% occupied, with a current rent roll totaling approximately $8,600 per month, or $103,200 in annualized scheduled rent. Individual rents currently range from approximately $500 to $800 per month, creating an opportunity for continued rent optimization as market conditions and tenant turnover allow. The property reported $96,000 in rental income during 2025, providing historical support for the current income stream. The property is currently self-managed and offers a relatively straightforward operating model. With full occupancy, existing cash flow, a simple 12-unit studio configuration and potential rental upside, Shipp Apartments provides an opportunity to acquire an established multifamily asset with room for continued income growth.

212 S Shipp St, Hobbs
$3,300,000
20261476 MLS
Sunrise Apartments is a 32-unit multifamily investment opportunity in Hobbs, New Mexico, currently 100% occupied with a wait list, demonstrating strong demand for the property. The community features a desirable unit mix consisting of 16 three-bedroom units, 8 two-bedroom units, and 8 one-bedroom units. The current rent roll totals approximately $37,795 per month, or $453,540 in annualized scheduled rent. The property reported $440,880 in rental income during 2025, providing strong support for current rent-roll performance. Based on normalized operating expenses and a vacancy/collection allowance, estimated NOI is approximately $318,750, representing an estimated 9.66% cap rate at the $3,300,000 asking price. Amenities include an on-site swimming pool, laundry facilities, and management office. The property's larger concentration of three-bedroom units provides a differentiated offering within the local rental market. At approximately $103,125 per unit, Sunrise Apartments offers an investor immediate in-place cash flow, full occupancy, demonstrated tenant demand, and continued long-term rental potential in the Hobbs market. Financial information is based on the current rent roll, seller-provided operating information, and normalized operating assumptions.

1515 E Scharbauer St, Hobbs
$260,000
3 Beds ⋅ 2 Baths ⋅ 20260300 MLS
Escape to peaceful country living in this 3-bedroom, 2-bath home sitting on 3-acres. Offering the perfect blend of comfort and space, this property provides plenty of room to relax, roam, and enjoy the outdoors.

6011 W Illinois Ave, Hobbs
$678,000
20262367 MLS
Cintas-occupied industrial investment opportunity in Hobbs, New Mexico, offered at $678,000. The property combines an established national tenant, more than 20 years of continuous occupancy, recent capital improvements, fenced industrial space and rail infrastructure immediately behind the property. Cintas has occupied this location continuously since 2005 and currently pays $5,650 per month, representing $67,800 in annual base rent. The current lease runs through July 2027, with renewal discussions anticipated to begin in early 2027. The lease is reported as triple net, with the landlord retaining certain insurance obligations. Prospective purchasers should review the existing lease for complete terms and expense responsibilities. Significant improvements were completed in 2026, including new electrical, new plumbing and a new concrete loading dock. The property also features a fenced yard and functional loading and operational areas suitable for industrial use. A rail spur is located directly behind the property, providing potential strategic value for industrial and distribution users. Buyer should independently verify rail access, service availability and use rights. Cintas' occupancy since 2005 provides a substantial operating history at this location. The July 2027 lease expiration also creates potential upside for a purchaser through lease renewal, renegotiation or future repositioning. The adjacent 11,400 SF warehouse at 1119 S Leech Street is also offered for sale at $299,000. Seller will consider a package transaction for both properties, creating an opportunity to acquire adjacent industrial assets with approximately 22,000+ SF of combined building area.

1111 S Leech St, Hobbs
$950,000
20262151 MLS
30.37 acre development opportunity north of Hobbs, New Mexico, offered at $950,000. The property provides a substantial contiguous tract and strong potential for residential subdivision or other future development. A preliminary subdivision concept has already been prepared, giving prospective developers a starting point for evaluating potential lot layout and development of the property. The preliminary concept is for planning purposes and remains subject to governmental approval, engineering, utility availability and other development requirements. With more than 30 acres, the property offers flexibility for a developer to consider a full subdivision, phased development, larger residential lots or other uses permitted by applicable zoning and land-use regulations. Water rights can be negotiated, adding significant value to a tract positioned for future development in the Hobbs area.

W Pinson St, Hobbs
$595,000
20263233 MLS
Prime commercial property located on a highly visible corner lot offering approximately 4,400 square feet of flexible office space. The thoughtfully designed layout includes a total of 12 offices/rooms, multiple lobby areas, kitchen facilities on both levels, and three bathrooms. Ideal for professional offices, medical, service-based businesses, or multi-department operations. Excellent opportunity to establish or expand your business in a well-positioned location. Call today to schedule your private showing.

201 E Sanger St, Hobbs
$1,850,000
20262678 MLS
Rare opportunity to acquire 126 contiguous acres near Hobbs, New Mexico, offering exceptional flexibility for residential development, farm, ranch or long-term investment. The property includes approximately 94 acres of adjudicated water rights and two high-capacity irrigation wells, each approximately 200 feet deep with water at approximately 120 feet and reported production of approximately 700 GPM. This substantial existing water infrastructure creates opportunities for continued agricultural use while adding significant value to the property's long-term potential. For developers and builders, the property's location, size and surrounding road access create a compelling residential development opportunity. An initial 2-acre residential lot development is already underway along W. Kansas Street, providing a potential framework for continued estate-lot development across the remaining acreage. A conceptual master plan is being developed to illustrate future road alignments, 2-acre homesites and phased development potential. Existing improvements include an updated 3-bedroom, 2-bath approximately 1,950-square-foot double-wide with a metal roof, propane heat and updated flooring, kitchen, bathrooms and windows. A large barn provides additional equipment and storage space. The property benefits from access and connectivity via Grimes, Kansas, Cope, Yuciapa and Carter and represents one of the larger contiguous acreage opportunities close to Hobbs. Whether utilized for agriculture, ranching, a private estate, residential development or long-term investment, this property offers a rare combination of substantial acreage, adjudicated water rights, high-capacity wells, existing improvements and proximity to town. Additional acreage also available. Property is owned by Selling Broker.

6804 N Grimes St, Hobbs
$400,000
20260561 MLS
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.

100 E Cope Pl, Hobbs
$299,000
20262368 MLS
11,400 SF industrial warehouse located at 1119 S Leech Street in Hobbs, NM, offered at $299,000. At approximately $26/SF, the property offers an attractive acquisition basis for an owner-user or investor. The building is currently income producing at $1,500 per month and provides functional warehouse space with a fenced property and convenient industrial access. Rail infrastructure runs immediately behind the property, providing potential strategic value for industrial and distribution users. Buyer to verify rail access, service availability, and use rights. The neighboring property at 1111 S Leech Street, currently occupied by Cintas, is also available for purchase. The seller will consider a package transaction for both properties, providing buyers the opportunity to acquire adjacent industrial assets with a combination of existing income and future operational or investment flexibility.

1119 S Leech St, Hobbs
$2,200,000
20261018 MLS
MLS# 20261020 to be sold with this property. It includes home, pool & back metal building & basketball/pickleball court. This property includes Pivot, 50 acres of bermuda & 50 acres of wheat (wheat has to be replanted each year). 3 irrigation wells, Big barn has spray foam insulation appx 40x100 with 3-12' overhead doors & 30' lean to 6 runs 12.5x45 & 1 run 25 x 45. Inside there is a tack room appx 12 x 25 & 2 50amp RV plugs. New barn appx 95 x 60 with 6 runs 12.5 x 45 and a 50 x 30 tack/game room with spray insulation, 2 mini splits & wired for a big fan, 2 swing out saddle post doors for easy saddling, 25 x 30 feed room, 30 x 20 wash rack, 2-50 amp RV plugs & 2 -12' overhead doors. 100 x40 Equipment and hay storage. Team roping arena with catch pens, LED lights 180 x 330, return alley, covered roping boxes, calf roping lane with catch pens, LED ligts return alley & covered roping box 50 x 310.Old arena 280 x 160 roping boxes, lights & return alley. both arenas have really good dirt!

3410 E Rose Rd, Hobbs
$1,200,000
20245732 MLS
Dunnam Apartments offers a unique multifamily and value-add opportunity in Hobbs, New Mexico. The property includes 15 existing apartment units along with substantial ground-floor space offering potential for commercial, office, storage, or other permitted uses. The property reported $164,250 in rental income during 2025, providing strong in-place income from the existing multifamily operation. The current rent roll reflects primarily one-bedroom units with rents generally around $900$1,000 per month. The ground floor provides an additional value-add component. A prior residential buildout of portions of this space was started but was not completed or approved for occupancy. The area could be positioned as commercial/flex space. This combination of existing multifamily income and underutilized ground-floor space provides multiple paths for a future owner to increase the property's performance through rent growth, commercial utilization, or other approved repositioning. Located in central Hobbs, Dunnam Apartments provides an opportunity to acquire an established income-producing multifamily property with additional space and meaningful value-add potential.

210 W Dunnam St, Hobbs
$300,000
20214070 MLS
4.34 acre industrial/commercial site in Hobbs, New Mexico, offering exceptional flexibility for an owner-user, tenant, or company seeking a custom facility in the Permian Basin. The property is available for sale, lease, or build-to-suit, allowing prospective users to structure an occupancy solution that fits their specific operational needs. The site is fully fenced and gated with a caliche yard suitable for equipment, trucks, materials, and industrial operations. Located near NM-18 / Eunice Highway, the property provides convenient access for oilfield service companies, trucking operations, contractors, equipment storage, service businesses, and other industrial users. Ownership is willing to consider custom build-to-suit improvements for qualified occupants, creating an opportunity for businesses requiring office, shop, warehouse, or other purpose-built facilities without acquiring and developing land independently. With 4.34 acres, existing yard improvements, flexible transaction options, and a strategic Hobbs location, the property offers a versatile opportunity for businesses operating throughout Lea County and the Permian Basin.

414 E Arco Rd, Hobbs
$950,000
20263060 MLS
Located in the heart of Hobbs, this exceptioal 17,000 sq ft commercial property offers endless possibilities for ministry, business, education, event space, or redevelopment. Established for over 50 years as a thriving church, the property features a spacious 3,200 sq. ft. sanctuary, mulitple office spaces, numerous classrooms, a full kitchen, fellowship hall, and a designated area ideal for a coffee shop or cafe concept. Situated on a large lot with ample parking, this well maintained property provides flexibility for a variety of uses including community center, school, event venue, office conversion, or continued religious use. A rare opportunity to own a landmark property with strong community presence and incredible potential in a prime Hobbs location.

2714 N Dal Paso St, Hobbs
$10,000
20242830 MLS
25 X 140 LOCATED ON DENVER CITY HIGHWAY

Lot 24 Knowles, Hobbs
$129,500
3 Beds ⋅ 1 Baths ⋅ 26000059 MLS
Perfect stater home or your next income property. Built to stand the test of time. Cinder-block construction with newer metal roof and solid floor. Setting on large lot with great setback and massive back yard. Tile floors throughout common areas. Vinyl stick down in bedrooms. Garage has been converted to large third bedroom or den with laundry room at the rear. Jump on it before it's gone!!!

203 Temple Ave E, Hobbs
$815,000
4 Beds ⋅ 4 Baths ⋅ 20263704 MLS
Listed below appraisal, this extraordinary luxury residence offers over 5,000 square feet of refined living space featuring 4 bedrooms, 4 bathrooms, a private office, formal dining room, two spacious living areas, and a stunning atrium that fills the home with natural light. Designed for both everyday comfort and grand entertaining, the chef's kitchen showcases a massive island, custom built-ins, abundant storage, and premium finishes. The private primary suite includes its own secluded patio, while the beautifully landscaped, low-maintenance backyard provides the perfect setting for gatherings and relaxation. Thoughtfully refreshed with recent renovations and improvements, the home offers updated flooring, refreshed interior finishes, and enhancements to several spaces. Additional amenities include plantation shutters throughout, a built-in stereo and speaker system, water softener, reverse osmosis system, three HVAC systems, two water heaters including a newer tankless unit, upgraded automatic irrigation system, new roof, new gutters, workshop/storage building, outdoor storage areas, and a three-car garage with paved alley access. As evening falls, professional landscape and tree lighting transform the property into a breathtaking retreat, illuminating the mature trees and grounds with a warm, elegant ambiance. Every detail has been carefully considered, creating a rare opportunity to own a truly exceptional home that combines luxury, comfort, and timeless appeal.

612 E Abo St, Hobbs
$575,000
3 Beds ⋅ 3 Baths ⋅ 20263602 MLS
Welcome To Timeless Elegance In One Of The Area's Most Established And Sought-After Neighborhoods. Situated On A Beautifully Landscaped Corner Lot, This 3,200+ Square-Foot Residence Perfectly Blends Classic Architectural Charm With Premier Indoor-Outdoor Living. Step Inside To Discover Sophisticated Craftsmanship, Highlighted By Gorgeous Rich Wood Paneling And A Traditional Study/Library That Serves As The Perfect Quiet Retreat Or Home Office. Host Unforgettable Gatherings In The Formal Dining Room, Which Flows Seamlessly Toward The Heart Of The Home: A Spacious, Sunlit Kitchen Complete With A Central Island And Abundant Cabinet Space. The Main-Level Primary Suite, Features A En-Suite Bathroom And A Spacious "His And Hers" Walk-In Closet With Custom Built-In Storage. Upstairs, You Will Find Two Additional Bedrooms And A Full Bath, Offering An Ideal Layout For Family Or Guests. The Backyard Is A Private Vacation Zone Designed For Both Relaxation And Lively Entertainment, Boasting An Expansive Back Patio With A Soothing Water Fountain And A Sparkling In-Ground Pool Equipped With A Diving Board. Adding Incredible Versatility To The Property Is A Spacious 3 Car Garage Featuring A Finished Upstairs Living Area-Perfect For A Game Room, Guest Suite, Or Private Home Office. We Can't Wait To Make This YOUR HOME! Schedule Your Tour Today!

1924 N Alto Dr, Hobbs
$350,000
20263418 MLS
This commercial property, perfect for an auto or diesel mechanic shop, features four large bays that cater to avariety of vehicle services. Situated on 0.48 acres, the lot provides ample space for vehicle storage. The property includes a parking area and an office entrance on MainStreet, ensuring easy access for customers. Inside the shop, there is an office, a bathroom, and plenty of storage space, making it a fully functional and efficient workspace for your business needs.

806 W Main St, Hobbs
$2,500,000
4 Beds ⋅ 2 Baths ⋅ 20262947 MLS
Turnkey opportunity to acquire a multi-parcel, income-capable property in Hobbs. This offering includes four separate parcels totaling approximately 4.47 acres. Here you will find a commercial building; 5206 N Grimes St. for a business and 713 W Kara St. a 4 bedroom, 2 bathroom residential property. Property highlights include: 20+ kennels Right off a main road for easy access and visibility 2 brand new AC units New wiring Large 4-bedroom, 2-bath home with a beautiful backyard Large barn behind the house with 10 covered stalls Second barn with 8 attached stalls 2 large riding arenas 2 horse turnouts Greenhouse Multiple fenced yards for dogs or livestock. Opportunities like this combining land, infrastructure, and multiple parcels are rare in this market. Call today to schedule a tour!

713 W Kara St, Hobbs
$250,000
20262787 MLS
3 Acres with Existing Well & Septic in Hobbs! Great opportunity to own approximately 3 acres just outside Hobbs with existing improvements already in place, including a private water well and septic system. Plenty of room for a manufactured home, custom build, shop, animals, or investment property. Quiet area with easy access to town while still offering space and privacy.

10918 N Monarch St, Hobbs
$500,000
5 Beds ⋅ 3 Baths ⋅ 20262250 MLS
Home is being "Sold As Is". This spacious 5-bedroom, 3-bathroom home in North Hobbs offers plenty of room for comfortable living and entertaining. Featuring a functional layout, the home includes a welcoming living area, a well-sized kitchen, and generous bedrooms with ample storage. The primary suite provides added privacy, while additional rooms offer flexibility for guests, an office, or hobbies. Situated on a sizable lot, the backyard is perfect for outdoor gatherings or relaxing evenings. Conveniently located near schools, shopping, and dining, this home combines space, comfort, and a great location.

2706 N Wedgewood Dr Dr, Hobbs
$220,000
2 Beds ⋅ 1 Baths ⋅ 20262010 MLS
Investor special with multiple income streams and strong upside potential! This property sits on a large lot and includes a primary single-family residence plus a mobil home, making it ideal for rental income, multi-tenant use, or a live-in investment strategy. The main home is in rentable condition with updated flooring, neutral paint, and functional layoutminimizing upfront rehab costs. Additional units/structures provide immediate or future income opportunities, with room to increase rents and improve overall returns. The expansive lot allows for easy access, ample parking, and potential for further improvements or reconfiguration to maximize cash flow.

1327 S Perry St, Hobbs
$410,000
20262122 MLS
Oilfield commercial property on 1.8 acres featuring a 40 x 80 all-metal shop Includes a 16 x 12 front overhead door and two rear doors (10 x 910), center hoist, gas heater, and exhaust fan. Property offers one bathroom, two 14 x 14 office spaces with heat and A/C, plus a shop office with cabinets and sink. Equipped with water well, septic, two metal storage buildings, and rear carport areaideal for industrial use.

901 E Katy, Hobbs
$480,000
4 Beds ⋅ 4 Baths ⋅ 20261790 MLS
The Perfect Home in the Tanglewood Sub-Division! Built in 2021, this property blends modern comfort with timeless curb appeal. This 4-bedroom, 3.5-bathroom home combines a functional 2,294-square-foot layout.

2121 E Cliffwood, Hobbs
$800,000
5 Beds ⋅ 3 Baths ⋅ 20261788 MLS
Imagine fresh strawberry jam from your very own garden, fresh eggs from your chickens and even fresh milk from your own milking station...sounds amazing! All of this located on 5+ acres with a gorgeous 5 bedroom, 3 bath home. Enjoy easy outdoor living under the canopied patio or relax at the end of a long day in the hot tub surrounded by the sunset. Call today to see this unique, one of a kind home. Dawn 575-942-4519 or Leah 505-363-2980.

1404 W College, Hobbs
$2,300,000
20261742 MLS
Prime commercial property at the heart of Hobbs North developing business district. 2585 sqrft retail/restaurant building with drive-thru window and large parking lot on 7.61 Acres total. Developed 1.135 acres with building and parking lot with additional 6.475 acres for future or additional professional/retail properties. Just North of the new Hobbs municipal middle school being built. Centrally located with quick access to North Grimes/Joe Harvey business strip, as well as the developing Lovington Hwy and new hospital region. Across the street from Hobbs higher-end country residential subdivisions.

1615 W Millen Dr, Hobbs