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    Hobbs, NM
    Horse & Equestrian

    Hobbs, NM Horse & Equestrian Properties for Sale

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    Seminole, TX Monument, NM Eunice, NM Lovington, NM Denver City, TX
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    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%

    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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