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$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

$1,900,000
20242903 MLS
Energy Plex RV Park is a 45-site RV community located in Lovington, New Mexico, in the heart of the Permian Basin oil and gas region. The property benefits from city utilities, simple operations, and strong demand from long-term tenants working in the regional energy industry. The park currently generates approximately $270,000 in annual gross revenue with an estimated NOI of approximately $202,355, creating a highly attractive ~14.45% cap rate at the $1.4M asking price. Average rents are approximately $600 per site, providing stable income with potential upside through gradual rent optimization. Energy Plex operates with city water, sewer, and utilities, reducing operational complexity and improving long-term investment stability. In addition to the existing park, an additional 20 acres of adjacent land is available for purchase for $500,000, creating a significant opportunity for future RV site expansion or additional workforce housing development. Owner financing is available, providing flexible acquisition options for qualified investors. Energy Plex RV Park represents a compelling opportunity for investors seeking strong cash flow in one of the most active energy regions in the United States.

103 S 17th St, Lovington

$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

$399,000
3 Beds 2 Baths 20262548 MLS
This home stands out for its space, layout, and exceptional storage. It offers three bedrooms, two bathrooms, and a dedicated office. The living room is large and features a fireplace, with the kitchen and eating area open to the space for a connected, functional layout. The office is located just off the eating area. The kitchen is spacious with a generous amount of cabinetry. Storage is a key feature throughout the home, with cabinets in the hallway, large closets, built-ins in the living area, and additional storage in the bathrooms. In addition to the two-car garage, there is a separate third garage that can be used for extra storage, a workspace, or additional vehicle parking. The landscaping is mature and well-maintained, and the patio overlooks the golf course, offering a quiet outdoor setting. This is a quality-built home that has been well cared for over time.

1725 St Andrews Dr, Clovis

$1,900,000
4 Beds 5 Baths 20263290 MLS
Welcome to your ultimate equestrian estate! Located on 81.4 acres, this fully equipped horse property is a rare opportunity for trainers, breeders, investors, or anyone seeking a turnkey ranch lifestyle with luxury amenities and income-producing units. Main Residence 5,896 Sq Ft 4 Bedrooms | 5 Bathrooms | Office or 5th Bedroom. Recently remodeled kitchen (2024) with quartz countertops, farmhouse sink, and brand-new appliances. Expansive living room with loft, perfect for entertaining. Renovated primary suite with updated flooring and fresh paint. Spacious laundry/mud room with quartz counters + large adjacent storage room. Three patios for outdoor living. New roof (2024) | Spray foam insulation | 3 new AC units (2023, 2024, 2025) New water softener (2024) and rebuilt sprinkler system. Private water with 2 wells (new pumps in 2023 & 2025). Horse & Ranch Facilities: 6 barns | 106 total stalls | 2 round pens | 72 outdoor stalls + 12 group pens for mares and foals | Indoor enclosed arena and outdoor arena | Mare Barn with 7 indoor/outdoor stalls and attached shop (new garage doors). Includes fully remodeled 2 bed / 2 bath apartment (2024) rented at $950/mo. Stud Barn with 8 oversized indoor stalls, metal doors, and wood plank flooring. Vet Clinic with: 18 indoor stalls, Stocks, collection dummy, and breeding equipment | Multiple offices + conference area. Two remodeled efficiency apartments (2025) One currently rented for $650/mo.; second apartment recently completed. Additional structures: Equipment barn, Hay barn, Shavings barn. Rental & Income Potential: 3 apartments total: One 2 bed / 2 bath unit, Two 1 bed / 1 bath efficiencies. Combined potential rental income over $2,200 /month. Square Footage Breakdown: Primary Residence: 5,896 Mare Barn: 7,092 Stud Barn: 7,080 Vet Office: 13,872 Hay Barn: 3,250 Quonset Barn: 3,500 Indoor Arena: 4,850 Horse Stalls: 35,400 Loafing Sheds: 7,616. Located 1 mile outside of Clovis, NM, this one-of-a-kind property is a prime rural setting with privacy, functionality, and infrastructure.

718 Sr 523, Clovis

$749,900
4 Beds 4 Baths 20262407 MLS
Welcome to this stunning 3,731-square-foot home located in the highly desirable Sandzen Subdivision. This spacious residence offers 4 bedrooms and 3.5 bathrooms, thoughtfully designed to provide both comfort and functionality for modern living. Inside, youll find a beautifully updated interior featuring all-new flooring, fresh paint, new baseboards, and stylish new lighting fixtures throughout, creating a clean and contemporary feel. The completely renovated kitchen is a true centerpiece, perfect for both everyday living and entertaining. In addition to the generous living spaces, the home includes a dedicated office and a versatile playroom, offering flexibility for work, hobbies, or family needs. Step outside to your own private oasis, complete with an in-ground poolideal for relaxing or hosting gatherings. Practical upgrades add even more value, including a brand-new EuroShield rubber roof designed for superior durability and hail resistance, along with a spacious 3-car garage. This home combines modern updates, ample space, and desirable amenities in a fantastic locationdont miss the opportunity to make it yours!

156 Sandzen Dr, Clovis

$399,000
4 Beds 3 Baths 20257213 MLS
Welcome to 404 Baler Lane, located in the desirable Martin Farms Subdivision! Built in 2019, this beautifully maintained Emerald II floor plan offers 2,365 square feet of thoughtfully designed living space, featuring 4 bedrooms, 2.5 bathrooms, and a 2-car attached garage. The main-floor primary suite provides a private retreat with dual sinks, a walk-in shower, soaking tub, and a spacious walk-in closet. The open-concept kitchen and living area is ideal for both everyday living and entertaining, boasting tall ceilings in the great room that enhance the homes light and airy feel. Enjoy casual meals at the bar-top seating or relaxed mornings in the breakfast nook. Additional highlights include a stunning metal front door, front sprinkler system for easy lawn care, and a 10-foot side gate leading to a dedicated dog run, making this home perfect for pet lovers. Designed for modern living and comfort, this home offers both style and functionality in a vibrant community. Dont miss your opportunity to call Martin Farms home! Call Lanette Rostro for more information 575.200.5954.

404 Baler, Carlsbad

$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

$550,000
5 Beds 3 Baths 20251664 MLS
If you're looking for peaceful country living with all the convenience of city access, this property is perfect for you! With 5 spacious bedrooms, 3 bathrooms, and a cozy living room featuring a gorgeous fireplace, there's room for everyone to feel at home. The galley-style kitchen offers plenty of pantry space and storage, while the primary suite even has a private office, giving you your own little retreat. Outside is where this property really shines. There's a barn, horse stables, and a training arena that's any horse lover's dream come true. Whether you're hosting family and friends or just soaking in the quiet countryside, this place has everything you need to make lasting memories. It's not just a home, it's a lifestyle waiting for you!

8516 La Linda St, Clovis