713 W Kara Street
Hobbs, NM 88242
4
Bed
2
Bath
2,226Sqft
4.47Acres(Lot)
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 t
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Tile, Wood -
Roofing Information
Metal -
Interior Features
Roof: Metal Appliances: Free-Standing Range -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1980 Building Area Total: 2226 Construction Materials: Brick Stories: 1 Private Pool: No -
Exterior Features
Exterior Features: Dog Run
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Lot Information
Main Square Feet: 4.47 Acres Lot Size Acres: 4.47 Lot Size Square Feet: 194713.2 Lot Description: Irregular Lot
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Listing Price Information
Listing Price: $2500000 Cash, Conventional
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Tax Information
Parcel Number: 4000777680001 Tax Year: 2025 Annual Tax: $3351.61 Tax Legal Desc: Metes & Bounds
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Parking Information
Parking Total: 2 DetachedGarage Information
Has Garage: Yes Garage Space: 2
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected -
Location Information
WaterSource: Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD Buffalo Road, Hobbs, NM, 88242 | $90,000 | -- | -- | -- | |
| 3410 E Rose Road, Hobbs, NM, 88242 | $2,200,000 | 4 | 3 | 4,500 | 4,500 SqFt |
| 8124 N Tomlinson, Hobbs, NM, 88242 | $660,000 | 4 | 3 | 2,617 | 2,617 SqFt |
| 1021 W Cambridge Street, Hobbs, NM, 88242 | $685,000 | 4 | 2 | 2,473 | 2,473 SqFt |
| 1404 W College Lane, Hobbs, NM, 88242 | $800,000 | 5 | 3 | 3,613 | 3,613 SqFt |
| 8501 N Matt Drive, Hobbs, NM, 88242 | $545,000 | 3 | 2 | 2,599 | 2,599 SqFt |
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 08/17/2026 @ 05:46
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