0 Baths

$950,000

W PINSON ST, Hobbs NM, 88242

Price per sqft$0.72

Lot size30.37 Acres

Property typeLand

Courtesy of Allie Etier with Found Real Estate

Overview

Active

Listed Apr 13, 2026

Updated 9 days ago

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.

Additional information

MLS^® ID: 20262151

Exterior Features

Lot Size: 30.37 Acres

Other Property Details

Taxes: $13,073
Tax Frequency: Annually
55+/Senior Community: No

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