Horse & Equestrian

Hobbs, NM Horse & Equestrian Properties for Sale

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Monument, NM Eunice, NM
Equestrian Property with Multiple Parcels
Updated: Mar 18
Equestrian Property with Multiple Parcels

5206 N Grimes St, Hobbs, NM 88242

$2,500,000
2,226 sqft
Four separate parcels totaling approximately 4.47 acres
2,226‑square‑foot commercial building plus a residential property at 713 W. Kara
Equine and livestock facility with pipe fencing, multiple pens, shelters, and outbuildings
Located at 5206 N Grimes St, Hobbs, NM 88242
Main building constructed in 1991 with frame construction, siding, and a metal roof
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1 active listing matches your search: Horse / Equestrian for sale in Hobbs, NM. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Midland Land with Horse Amenities
Midland Land with Horse Amenities

E County Rd 150, Midland, TX 79706

$400,000
9.03 AC lot

9-acre property with horse stalls and corrals in Midland, TX.

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Ranch Property with Horse Facilities
Ranch Property with Horse Facilities

8300 Fm 307, Midland, TX 79706

$4,280,456

Ranch property offering a home, horse stalls within a shop, goat pens, and a pond feature.

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Horse & Equestrian Property with Track
Horse & Equestrian Property with Track

16110 Herbert Rd, Gardendale, TX 79758

$1,800,000
30.00 AC lot

Unrestricted equestrian acreage includes paddocks, water wells, stalls, and a horse barn for on-site training.

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Gardendale Downs Racetrack Property
Gardendale Downs Racetrack Property

16110 Herbert Rd, Gardendale, TX 79758

Contact for pricing
3,200 sqft 30.00 AC lot

Equine facility with racetrack, paddocks, stalls, and shop.

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Hobbs, NM Horse & Equestrian Properties Market Trends and Statistics

Explore 1 horse & equestrian properties for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 2,226 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for equestrian ranches in Hobbs, NM average $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 50K
Population Growth (5Y) +4.5%
Median Household Income $69,020
College Educated 12.0%

High-Yield Neighborhoods for Investment

Identify Hobbs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88242 $2.5M

Taxes & Financing

Tax Rate (average for all types) 2.68%
Property Tax per SF $10.31 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

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