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    Hobbs, NM
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    Hobbs, NM Residential Land & Home Lots for Sale

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    Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX
    12 properties
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    Residential Development Land Parcel
    Updated: May 23
    Residential Development Land Parcel

    704 Teague Dr, Hobbs, NM 88240

    $150,000
    2.00 AC lot
    2‑acre land parcel
    Water well and septic already in place
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    Residential Development Lot
    Updated: Feb 19
    Residential Development Lot

    213 E Gypsy St, Hobbs, NM 88240

    Contact for pricing
    0.08 AC lot
    26' x 142' lot available for future residential development
    Some utilities already available on the property
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    Corner Lot for Site-Built Home
    Corner Lot for Site-Built Home

    515 E Clinton Street, Hobbs, NM 88240

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    Two-lot corner parcel suited for site-built or manufactured homes.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Lot with 50x140 Dimensions
    Residential Lot with 50x140 Dimensions

    1 Texas St, Hobbs, NM 88260

    Contact for pricing
    0.16 AC lot

    Residential lot offered for sale, measuring 50 by 140 feet.

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    Spacious Corner Lot Opportunity
    Spacious Corner Lot Opportunity

    515 E Clinton Street, Hobbs, NM 88240

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    Two-lot property suitable for site-built or manufactured home.

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    5.08 Acres For Sale
    5.08 Acres For Sale

    TBD Buena Suerte Drive, Hobbs, NM 88242

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    5.08 AC lot

    5.08 acres suitable for residential or commercial use.

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    Residential Development Land Lots
    Residential Development Land Lots

    5030 W Grey Ghost, Hobbs, NM 88240

    $58,000

    Residential land lots are available for sale in builder or investor increments of five or more.

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    Residential Land Development Lots
    Residential Land Development Lots

    5114 W Grey Ghost, Hobbs, NM 88240

    $59,000

    Residential land parcels offered in increments of five or more, with a restriction prohibiting mobile homes.

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    Residential Development Lots
    Residential Development Lots

    5023 W Longtail, Hobbs, NM 88240

    $57,000

    Multiple residential lots are available for sale in builder and investor-ready increments, with no mobile homes allowed.

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    Residential Development Land Lots
    Residential Development Land Lots

    5104 W Grey Ghost, Hobbs, NM 88240

    $58,000

    Vacant residential lots offered for sale in increments of five or more, with no mobile homes allowed.

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    Residential Development Land Lots
    Residential Development Land Lots

    5114 W Longtail, Hobbs, NM 88240

    $59,000

    Buildable lots are available in increments of five or more, with restrictions against mobile homes.

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    Land
    Land

    5017 W Longtail, Hobbs, NM 88240

    $58,000

    Residential land & home lots

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 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.

    Vacant Land in Denver City
    Vacant Land in Denver City

    County Rd 390, Denver City, TX 79323

    $90,000
    10.27 AC lot

    10.27-acre vacant lot suitable for home or business.

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    Vacant Land
    Vacant Land

    000 S County Rd 327, Seminole, TX 79360

    $189,900

    Residential land & home lots

    View details
    Denver City Residential Development Lots
    Denver City Residential Development Lots

    1301 - 1399 North Brady Avenue, Denver City, TX 79323

    Contact for pricing

    Expansive land tract ready for immediate development in Denver City.

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    10 Acres Near State Line
    10 Acres Near State Line

    Seminole, TX 79360

    $75,000
    10.01 AC lot

    10-acre tract near NM/TX line with open space.

    View details

    Hobbs, NM Residential Land & Home Lots Market Trends and Statistics

    Explore 12 residential land & home lots for sale in Hobbs, NM, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 318,859 square feet of properties for sale, with an estimated market value of $499,000.

    Sale prices for home sites in Hobbs, NM start at $57,000, averaging $71,285, and reaching up to $150,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 27
    Residential land & home lots 14
    Industrial land 3
    Agricultural land / Farmland 2

    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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    Most Searched ZIP Codes in Hobbs, NM

    • 88240
    • 88242
    • 88260

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