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Residential Development Land Parcel
For Sale
$150,000

704 Teague Dr, Hobbs, NM 88240

Two-acre land parcel with a water well and septic already in place.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market84

Property Features for 704 Teague Dr

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,158
Listing Agency: Found Real Estate
Listed By: Sofia Cerna
Source: Exprealty
Added: May 23 Changed: Aug 8 Last Checked: Jul 20 at 4:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Found Real Estate

Investment Insights

Based on property information with market context.

This for-sale land parcel offers approximately two acres for residential development. The property includes a water well and septic, providing key on-site utilities for a future home or planned improvements.

While no additional improvements or infrastructure details are provided, the existing well and septic can simplify the early stages of site preparation and utility setup.

Please note that the listing information provided does not include zoning, utilities beyond the well and septic, or any frontage or access specifics.

Key Highlights

  • 2‑acre land parcel
  • Water well and septic already in place

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 88240, NM

42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-acre land parcel with a water well and septic already in place.
Where is this residential land & home lot located?
The property is located at 704 Teague Dr Hobbs, NM.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2‑acre land parcel; Water well and septic already in place
More about this property
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