$450,000
$150K PRICE DROP

100 E Cope Place Hobbs, NM 88242

Estimated payment $2,899/month

Total Views 6,470
20 Acres
$22,500 Price per Acre
871,200 Sq Ft Lot

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.

Listing Agent

Matthew Smith

Found Real Estate License #50520 Listed on: 01/29/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,788

Additional Features

  • 20 Acre Lot
  • Natural Gas Not Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000419430001

Property Details

Property Type

Land

Est. Annual Taxes

$5,788

Lot Details

20 Acres

Listing Details

  • Directions: You can access the property from Cope or Yuciapa. Later you will be able to access from Fowler as it will be brought in from Kansas.
  • New Construction: No
  • Reso Property Sub Type: Farm/Ranch
  • Prop. Type: Land
  • Horses: No
  • Co List Office Mls Id: 0
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Private Spa: No

Exterior Features

  • Acres: 20.0
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: None/Other
  • Ninth Grade High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Assessments: No
  • Lot Size Sq Ft: 871200.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000419430001

Tax Info

  • Tax Annual Amount: 5788.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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

Source: New Mexico MLS

MLS Number: 20260561

New Mexico MLS
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