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Lot/land
  • Price cut: $100K (6/26)
    $500,000

    E Cope Pl, Hobbs, NM 88242

    --beds
    --baths
    20Acres
    Farm
    Built in ----
    20 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Water rightsFlat usable landHigh capacity irrigation wellExceptional water assets
    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. Call or text Matthew Smith to see this property today! 575-441-3880
    159 days
    |
    29
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Allie Etier 575-942-2000,

    Found Real Estate 575-942-2000

    Source: New Mexico MLS,MLS#: 20260561MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No

      Property

      Features
      • Has view: Yes
      Lot
      • Size: 20 Acres
      Details
      • Parcel number: 4000419430001

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Not Available

      Community & HOA

      HOA
      • Has HOA: Yes
      Location
      • Region: Hobbs

      Financial & listing details

      • Annual tax amount: $5,788
      • Date on market: 1/29/2026
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Price change$500,000-16.7%
        Source: New Mexico MLS #20260561 Report a problem
        1/29/2026Listed for sale$600,000
        Source: New Mexico MLS #20260561 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88242

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: None/Other
        • Middle: None/Other
        • High: None/Other

        Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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