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502 N Alto Dr

Hobbs, NM 88240
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Acres0.78

Acre(Lot)

LOCATED DIRECTLY NORTH OF 502 W Alto. Easement located on the West side of 502 W Alto for access. This tract of land has exceptional possibilities for commercial development or multi house new construction.

Detail Ic Property Details

Property Type : Land

Price : $160,000

AD Id : 61767978

MLS Id : 20203623

Lot Size : 0.78 Acre(Lot)

County : Lea

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Feature Features

  • Heating & Cooling

    Heating: None Cooling: None

  • Lot Information

    Lot Dimensions: 125.0x280.0x145.6 Main Square Feet: 0.78 Acres Lot Size Acres: 0.78 Lot Size Square Feet: 33976.8

  • Listing Price Information

    Listing Price: $160000 Original Price: $170000 Cash, Conventional

  • Tax Information

    Parcel Number: 400077720001 Annual Tax: $1840 Tax Legal Desc: M & B .78 acre located NW4 SW4, Tract A, Section 27, T18S, R38E

  • School Information

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

    Cable Available, Other
  • Location Information

    Direction: Directly west behind McDonalds & KFC on Turner; directly north of Zebus Law Firm on Alto St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Pearl Drive Dr, Hobbs, NM, 88240 $200,000 -- -- -- 2.16 Acres(Lot)
1 Tract One Millen (sou.., Hobbs, NM, 88240 $1,850,150 -- -- -- 10.99 Acres(Lot)
Millen (between Adele &.., Hobbs, NM, 88240 $3,086,801 -- -- -- 8.86 Acres(Lot)
2 Tract Two Millen (sou.., Hobbs, NM, 88240 $2,409,302 -- -- -- 12.87 Acres(Lot)
3 Tract 3 Millen (south.., Hobbs, NM, 88240 $3,669,494 -- -- -- 10.53 Acres(Lot)
1 Lovington Hwy, Hobbs, NM, 88240 $5,868,838 -- -- -- 29.94 Acres(Lot)
Lovington, Hobbs, NM, 88240 $8,364,000 -- -- -- 24 Acres(Lot)
N Marland, Hobbs, NM, 88240 $180,000 -- -- -- 1.57 Acres(Lot)
E Sanger St, Hobbs, NM, 88240 $450,000 -- -- -- 1.69 Acres(Lot)
Marland Boulevard, Hobbs, NM, 88240 $10,000 -- -- -- 0.05 Acre(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 @ 16:05

MLS: 20203623 LISTED BY: Rusty Taylor, Edge Realty Group 575-392-1000 SOURCE: New Mexico MLS

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