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    Lovington, NM
    Residential

    Lovington, NM Residential Land & Home Lots for Sale

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    Tatum, NM
    Vacant Land for Residential or Commercial
    Updated: Mar 31
    Vacant Land for Residential or Commercial

    Dencoe Drive, Lovington, NM 88260

    $45,000
    0.14 AC lot
    Vacant undeveloped lot suitable for residential or commercial use
    Utilities are close to the property, but none are currently on‑site
    Buyer responsibility to investigate and cover costs to bring utilities onto the property
    Buyer to complete due diligence with governmental, environmental, and code/zoning authorities
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Lovington, 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.

    40 Acres in Seminole, TX
    40 Acres in Seminole, TX

    S County Rd 327, Seminole, TX 79360

    $199,990
    40.00 AC lot

    40-acre tract suitable for horses or cattle near New Mexico.

    View details
    Land in Hobbs, New Mexico
    Land in Hobbs, New Mexico

    N Shady Lane, Hobbs, NM 88242

    $55,000
    0.88 AC lot

    0.88-acre tract for quiet country living between Lovington and Hobbs.

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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.

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    Hobbs, NM Land for Sale
    Hobbs, NM Land for Sale

    5114 W Longtail Road, Hobbs, NM 88240

    $59,000
    0.18 AC lot

    Residential land available in Hobbs, NM for builders and investors.

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

    Explore 1 residential land & home lots for sale in Lovington, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $45,000.

    Sale prices for home sites in Lovington, NM start at $45,000, averaging $45,000, and reaching up to $45,000 — 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 4
    Agricultural land / Farmland 2
    Residential land & home lots 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.8%
    Median Household Income $75,197
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    88260 $45K

    Taxes & Financing

    Tax Rate (average for all types) 2.88%
    Property Tax per SF $0.55 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

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