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    Hobbs, NM
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    Hobbs, NM Farms for Sale

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    Seminole, TX Monument, NM Eunice, NM Lovington, NM Denver City, TX
    Irrigated Ranch Land with Wells
    Updated: May 9
    Irrigated Ranch Land with Wells

    6804 N GRIMES ST, Hobbs, NM 88240

    $1,850,000
    ±130‑acre ranch tract near Hobbs with flexibility for farm, ranch, or development use
    Around 94 acres of adjudicated water rights
    Three high‑capacity irrigation wells (~200' deep; water at ~120' pumping ~700 gpm each)
    Updated 3 bed/2 bath manufactured home (about 1,950 SF) with metal roof and propane heat
    Improvements include updated flooring, kitchen, bathrooms, and windows
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Alfalfa Farm with Irrigation
    Alfalfa Farm with Irrigation

    67 Lawrence Ranch Road #N/A, Artesia, NM 88210

    $1,800,000

    Cultivated acreage is supported by senior water rights and two irrigation wells.

    View details
    Farm with Two Residences
    Farm with Two Residences

    Na-67 Lawrence Ranch Rd, Artesia, NM 88210

    $1,800,000

    Cultivated acreage, irrigation infrastructure, and two residences form a single agricultural property.

    View details
    CRP-Enrolled Farm Land
    CRP-Enrolled Farm Land

    121290 Cr 121 / 290 County Road 121, Brownfield, TX 79316

    $625,000

    Farm land with highway frontage and CRP enrollment extending through 2030.

    View details
    Irrigated Agricultural Farm
    Irrigated Agricultural Farm

    SE TBD County Rd 555, Brownfield, TX 79316

    $1,946,750
    599.00 AC lot

    Agricultural property with center-pivot irrigation, multiple wells, cultivated acreage, and CRP enrollment.

    View details

    Off-Market Properties in Hobbs, NM

    Consider similar Off-Market properties in Hobbs, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Hobbs, NM Farms Market Trends and Statistics

    Explore 2 farms for sale in Hobbs, NM on our real estate platform.

    Sale prices for plantations in Hobbs, NM average $1,850,000 — 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
    88240 $1.9M

    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%

    How Realmo verifies these figures

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