100 E Cope Place Hobbs, NM 88242
North Hobbs AreaEstimated payment $2,676/month
About This 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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,788
Lot Details
- 20 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4000419430001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,811 | $311,100 | $51,100 | $260,000 |
| 2024 | $2,715 | $271,500 | $51,100 | $220,400 |
| 2023 | $2,779 | $246,500 | $44,500 | $202,000 |
| 2022 | $2,521 | $229,300 | $44,500 | $184,800 |
| 2021 | $2,258 | $205,000 | $44,500 | $160,500 |
| 2020 | $2,147 | $198,700 | $42,400 | $156,300 |
| 2019 | $1,971 | $182,600 | $30,500 | $152,100 |
| 2018 | $2,001 | $178,600 | $30,500 | $148,100 |
| 2017 | $1,936 | $172,400 | $30,500 | $141,900 |
| 2016 | $1,882 | $168,300 | $30,500 | $137,800 |
| 2014 | $1,967 | $177,100 | $30,500 | $146,600 |
| 2013 | $1,967 | $178,800 | $30,500 | $148,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | Price Changed | $400,000 | -11.1% | -- |
| 07/08/2026 07/08/26 | Price Changed | $450,000 | -10.0% | -- |
| 04/14/2026 04/14/26 | Price Changed | $500,000 | -16.7% | -- |
| 01/29/2026 01/29/26 | For Sale | $600,000 | -- | -- |
Source: New Mexico MLS
MLS Number: 20260561
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