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Listed by Found Real Estate
$ 950,000
Est. payment /mo
Active
W PINSON ST Hobbs, NM 88242
30.37 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20262151
HOA Y/N No
Annual Tax Amount $13,073
Lot Size 30.370 Acres
Acres 30.37
Property Sub-Type Land
Source NMMLS
Property Description
30.37 acre development opportunity north of Hobbs, New Mexico, offered at $950,000. The property provides a substantial contiguous tract and strong potential for residential subdivision or other future development. A preliminary subdivision concept has already been prepared, giving prospective developers a starting point for evaluating potential lot layout and development of the property. The preliminary concept is for planning purposes and remains subject to governmental approval, engineering, utility availability and other development requirements. With more than 30 acres, the property offers flexibility for a developer to consider a full subdivision, phased development, larger residential lots or other uses permitted by applicable zoning and land-use regulations. Water rights can be negotiated, adding significant value to a tract positioned for future development in the Hobbs area.
Location
State NM
County Lea
Exterior
View Y/N false
Private Pool No
Schools
Elementary Schools None/Other
Middle Schools None/Other
High Schools None/Other
Others
Tax ID 4000788920001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional