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TBD E Cope Place

Hobbs, NM 88242
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Acres20

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $500,000

AD Id : 74761381

MLS Id : 20260561

Lot Size : 20 Acres(Lot)

County : Lea

  • Map Map

Map

Feature Features

  • Lot Information

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

  • Listing Price Information

    Listing Price: $500000 Original Price: $600000

  • Tax Information

    Parcel Number: 4000419430001 Tax Year: 2025 Annual Tax: $5788.4 Tax Legal Desc: TBD

  • Homeowners Association Information
    Has Association: Yes

  • Utility Information

    Natural Gas Not Available, Electricity Connected
  • Location Information

    Direction: You can access the property from Cope or Yuciapa. Later you will be able to access from Fowler as it will be brought in from Kansas. WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD N Rolling Street, Hobbs, NM, 88242 $150,000 -- -- -- 2.40 Acres(Lot)
TBD N Rolling Street, Hobbs, NM, 88242 $192,500 -- -- -- 3.69 Acres(Lot)
TBD W Desert Vista, Hobbs, NM, 88242 $147,000 -- -- -- 1.95 Acres(Lot)
TBD N Rolling Street, Hobbs, NM, 88242 $220,000 -- -- -- 4.07 Acres(Lot)
TBD Buena Suerte Drive, Hobbs, NM, 88242 $125,000 -- -- -- 5.08 Acres(Lot)
TBD Buena Suerte Drive, Hobbs, NM, 88242 $125,000 -- -- -- 5.08 Acres(Lot)
TBD Drake Drive, Hobbs, NM, 88242 $1,500 -- -- -- 1 Acre(Lot)
TBD Synergy Park, Hobbs, NM, 88242 $1,180,476 -- -- -- 2.71 Acres(Lot)
7815 N Kornegay Road, Hobbs, NM, 88242 $699,999 -- -- -- 28 Acres(Lot)
TBD Buena Suerte Drive, Hobbs, NM, 88242 $1,499,000 -- -- -- 6.61 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 06/09/2026 @ 00:25

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

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