Estimated payment $4,120/month
Highlights
- Barn
- 77.02 Acre Lot
- Farm
- Horses Allowed On Property
- No HOA
About This Home
We are pleased to present the exclusive listing of the Mountain States Equine Clinic and Breeding Facility with 77.02 frontage acres located just North of Hobbs in Lea County, New Mexico. This is a wonderful opportunity to obtain a remarkable property with great facilities, infrastructure, and incredible potential. Location: Located roughly 11 miles North of Hobbs, the Mountain States Equine facility is located on W Pinson Street off N Bensing Road. Just 8 miles from the Zia Park Casino Hotel and Racetrack, this phenomenal location is close enough to town for convenience, but far enough away to feel like a true country. Water: The Mountain States Equine facility features water from multiple sources for various uses. The pivot is supplied with an irrigation well with an estimated at 400gpm located on the western edge of the property. In addition to the wells, the property has 77 shares of water rights that will convey with an acceptable offer, an important commodity in this part of the world. Improvements: The improvements on this property must be seen to believe, and give potential buyers true turnkey operation potential. There are three sets of horse stalls, one is 12x16 (x20), one is 12x20 (x8), and the last one is 12x12 (x24). There are 12 stalls in the red barn, five stalls that are 12x12, five stud stalls that are 12x16, and two foaling stalls that are 12x24, all currently being utilized for the vet clinic. The show barn for cattle is a 50x60, and has a total of 9 stalls, including one with an exterior run attached. In addition to stalls, there are roughly 3.25 acres worth of pens, separated into four divisions. The southernmost pen features stadium lights, and is also equipped with a round pen inside of it. A sprinkler system runs throughout each of the pens, keeping dust at a minimum and upkeep manageable. Next to the South pen and round pen is a 6 arm horse walker. No horse facility would be complete without a racetrack, and the Mountain States facility is no exception. A ? mile fiberglass track is located on the North side of the facility, giving riders an ample opportunity to train and fine tune their craft. Feed is also no issue for this facility, as it is furnished with a 3 tower (roughly 16 acre) 2000’s model Zimmatic pivot. Alfalfa was planted in October of this year. Two additional towable pivots will convey with property, but neither are currently in use. The 77.02 Acres offer plenty of room for the buyer to build a homestead. Minerals: The owner is not aware of any mineral interests presently owned. 2604 W Pinson St, a three bedroom, three bath home on 36.93 Acres, is adjacent and also for sale.
Listing Agent
Keller Williams Realty - Cl/Ho License #REC-2024-0671 Listed on: 11/26/2024
Property Details
Property Type
- Other
Est. Annual Taxes
- $300
Lot Details
- 77.02 Acre Lot
- Irregular Lot
- Irrigation
Home Design
- Farm
Farming
- Barn
Horse Facilities and Amenities
- Horses Allowed On Property
- Corral
Utilities
- Irrigation Water Rights
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4000201078001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $3,757 | $134,560 | $18,555 | $116,005 |
| 2023 | $3,703 | $131,463 | $18,015 | $113,448 |
| 2022 | $3,620 | $131,463 | $18,015 | $113,448 |
| 2021 | $3,505 | $124,895 | $16,981 | $107,914 |
| 2020 | $3,443 | $122,060 | $16,486 | $105,574 |
| 2019 | $3,372 | $119,308 | $16,006 | $103,302 |
| 2018 | $3,284 | $116,636 | $15,540 | $101,096 |
| 2017 | $3,195 | $342,126 | $45,261 | $296,865 |
| 2016 | $3,106 | $334,572 | $43,944 | $290,628 |
| 2015 | $3,036 | $327,237 | $42,663 | $284,574 |
| 2014 | -- | $320,115 | $41,421 | $278,694 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Price Changed | $740,000 | -45.2% | -- |
| 05/28/2025 05/28/25 | Price Changed | $1,350,000 | +104.5% | -- |
| 11/26/2024 11/26/24 | For Sale | $660,000 | -3.6% | $214 / Sq Ft |
| 11/26/2024 11/26/24 | For Sale | $684,500 | -51.1% | -- |
| 11/26/2024 11/26/24 | For Sale | $1,400,000 | -- | -- |
Source: New Mexico MLS
MLS Number: 20253042
APN: 4000201078001
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