Refine Search
Sort by
$1,900,000
20262678 MLS
This rare 130 acre offering near Hobbs provides outstanding flexibility for farm, ranch or development use. With around 94 acres of adjudicated water rights and two high capacity irrigation wells (approx. 200' deep with water at 120' pumping around 700gpm each), the property offers strong water infrastructure and long term production potential. Improvements feature an updated 3 bed / 2 bath, ~1,950 sqft double wide with a metal roof, propane heat, updated flooring, kitchen, bathrooms and windows. A large barn provides great equipment storage. There is access from Grimes, Kansas, Cope, Yuciapa and Carter and being one of the largest contiguous tracts close to town, this property presents a rare combination of size, water, location and versatility. Perfect for agriculture, expansion or a long-term development plan. Property is owned by Selling Broker.

6804 N Grimes St, Hobbs

$450,000
20260561 MLS
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.

100 E Cope Pl, 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 is a 15-unit multifamily property located in Hobbs, New Mexico, offering strong in-place cash flow with significant value-add potential. The property currently generates approximately $164,250 in annual rental income with an estimated NOI of approximately $138,275, providing an attractive ~11.5% cap rate at the $1.2M asking price. The building contains approximately 21,000 square feet across two levels and produces an average rent of approximately $912 per unit, providing investors with opportunities for gradual rent increases. A unique feature of the property is a large downstairs area that could potentially be converted into additional apartment units or repurposed as commercial space, creating additional income opportunities. Preliminary projections indicate the potential for approximately $4,000 per month in commercial lease income with improvements. With strong workforce housing demand in the Hobbs market and additional income opportunities through renovation and repositioning, Dunnam Apartments presents a compelling opportunity for investors seeking both stable cash flow and meaningful upside. Owner financing may be available for qualified buyers.

210 W Dunnam St, Hobbs

$300,000
20214070 MLS
414 E Arco Rd is a 4.34-acre fenced commercial yard located just off Eunice Highway (NM-18) in Hobbs, New Mexico. The property features a caliche pad suitable for trucks, equipment storage, or industrial yard operations. The site offers excellent access to the Hobbs truck bypass and major oilfield corridors, making it well-suited for oilfield service companies, trucking operations, or contractor yards. The property is fully fenced and gated with an offset entry allowing safe access from the blacktop roadway. The layout provides flexibility for a variety of industrial or commercial yard uses. With continued activity in the Permian Basin energy market, this site presents a strong opportunity for users seeking secure yard space in a high-demand industrial corridor.

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

$479,000
4 Beds 3 Baths 20263864 MLS
Gorgeous Broadmoor Home with Inground Swimming Pool. Large corner lot with great setback. Mature landscaping with large manicured trees for great curb appeal. Spacious Floorplan at 3218 Sqrft. Large vaulted living room Ceiling for maximum volume. Oversized gourmet kitchen with massive butler's storage pantry. Designer Custom cabinetry dressed with granite countertops and accessory pullouts. Large master bedroom with his and her walk in closets. Dreamy master bath with stylish tile finishing. Double sinks and large walk in shower with multi-shower heads. Bonus activity room with ample sunlight. Tons of storage throughout. Large back patio overlooking pool area and yard. Large storage shed. Paved Alley with gate access. Truly a remarkable property, don't let this one slip away!!

318 E Jemez St, 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

$582,000
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

$397,000
3 Beds 2 Baths 20263417 MLS
This 3 bed / 2 bath home offers just under 4,000 square feet and sits on a beautifully landscaped .41 acre lot right in town. From the moment you pull up, the curb appeal stands out with mature trees, lush grass, and vibrant flowering plants. Inside, youll love the character; beautiful architecture, exposed beams, and open living spaces filled with natural light from all the windows. The layout flows easily, making it perfect for both everyday living and entertaining. The kitchen has plenty of cabinet and counter space and opens right into the main dining & living areas. All of the bedrooms are generously sized, including a large primary suite with a walk-in shower. The secondary bedrooms are connected by a Jack-and-Jill bathroom. Downstairs, theres a basement that can be used as a storm shelter, cellar, or extra storage. And speaking of storage, this home has plenty of it throughout - plus square footagethats larger than most homes in the area. This is one you really have to see in person to appreciate the space, layout, and beautiful setting.

900 N Pecan Dr, 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

$2,500,000
20261650 MLS
Turnkey opportunity to acquire a multi-parcel, income-capable property in Hobbs. This offering includes four separate parcels totaling approximately 4.47 acres, featuring a commercial building for a business, a residential property (713 W. Kara), and a fully functional animal and equine facility. The property is currently configured for livestock and animal operations, with pipe fencing, multiple pens, shelters, and outbuildings already in place. Ideal for boarding, breeding, training, or small-scale agricultural business use. This property is well-suited for investors, owner-operators, or buyers seeking a live/work setup with expansion potential. Opportunities like this combining land, infrastructure, and multiple parcels are rare in this market.

5206 N Grimes St, Hobbs

$515,000
4 Beds 3 Baths 20261314 MLS
Enchanting custom build Callaway home with inground swimming pool and Cabana. Erected on an oversized corner lot in the Broadmoor subdivision. Breathtaking curb appeal with oak trees and shrubbery lining a side carport driveway and a convenient circle drive at the front entry facing Baja Drive. Plenty of parking for guests. This Over 4000 ft. four bedroom three bath luxury home is very open and spacious with several areas for gatherings and entertainment A sunken wet bar centers at the living room for hosting parties. Two living areas and a full dining room. A bonus recreational room at the rear overlooking the pool side. Large isolated master bedroom and suite with a huge walk-in closet and cedar Lined room. The second master bedroom is large and currently functions as a music room and game room. This room was originally engineered to be sound tuned for instrument playing for the musician in the family. Oversized utility room with a sink and Butler's pantry. Tons of storage throughout. This home is equipped with a water softener system, 2-14 Seer Train all electric heat pumps, electric air purifying filters, and 2-50 gallon water heater heaters. Entertainment was the main theme when building this executive home. Now it's time for future memories to be made by new owners.

216 E Baja Dr, Hobbs