REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 500,000
Est. payment /mo
Price Dropped by $100K
TBD E Cope Place Hobbs, NM 88242
20 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm/Ranch
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20260561
Annual Tax Amount $5,788
Tax Year 2025
Lot Size 20.000 Acres
Acres 20.0
Property Sub-Type Farm/Ranch
Property Description
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.
Location
State NM
County Lea County
Area New Mexico Mls
Building
Water Well-Existing
Listed by FOUND REAL ESTATE