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100 E Cope Pl

Hobbs, NM 88242
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Acres20

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $400,000

AD Id : 74761381

MLS Id : 20260561

Lot Size : 20 Acres(Lot)

County : Lea

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Feature Features

  • Heating & Cooling

    Heating: None Cooling: None

  • Lot Information

    Main Square Feet: 20 Acres Lot Size Acres: 20 Lot Size Square Feet: 871200

  • Listing Price Information

    Listing Price: $400000 Original Price: $600000 Cash, Conventional

  • Tax Information

    Parcel Number: 4000419430001 Annual Tax: $5788 Tax Legal Desc: TBD

  • School Information

    Elementary School: None/Other
    Junior High School: None/Other
    Senior High School: None/Other
  • Location Information

    Direction: TBD W Cope Pl
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Buena Suerte Dr, Hobbs, NM, 88242 $125,000 -- -- -- 5.08 Acres(Lot)
N Tomlinson St, Hobbs, NM, 88242 $225,000 -- -- -- 2.31 Acres(Lot)
Buffalo, Hobbs, NM, 88242 $110,000 -- -- -- 3.59 Acres(Lot)
W Pinson St, Hobbs, NM, 88242 $950,000 -- -- -- 30.37 Acres(Lot)
Synergy, Hobbs, NM, 88242 $1,180,476 -- -- -- 2.71 Acres(Lot)
Drake Dr, Hobbs, NM, 88242 $1,500 -- -- -- 1 Acre(Lot)
141270 N Knowles, Hobbs, NM, 88242 $230,000 -- -- -- 11.02 Acres(Lot)
Buffalo, Hobbs, NM, 88242 $90,000 -- -- -- 2.48 Acres(Lot)
Buffalo, Hobbs, NM, 88242 $110,000 -- -- -- 4.37 Acres(Lot)
Buffalo, Hobbs, NM, 88242 $125,000 -- -- -- 6.52 Acres(Lot)

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 08/30/2026 @ 13:23

MLS: 20260561 LISTED BY: Matthew Smith, Found Real Estate 575-942-2000 SOURCE: New Mexico MLS

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