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Land for Sale in Hobbs, New Mexico

10918 N Monarch St, Hobbs, NM 88242

$250,000
3.17 acres
Active sale
$25k drop
Est $1,873/mo

3 Acres with Existing Well & Septic in Hobbs! Great opportunity to own approximately 3 acres just outside Hobbs with existing improvements already in place, including a private water well and septic system. Plenty of room for a manufactured home, custom build, shop, animals, or investment property. Quiet area with easy access to town while still offering space and privacy.

Location

Street address
10918 N Monarch St
Zip code
88242
Community
New Mexico MLS
Elevation
3,726 feet
Coordinates
32.8248, -103.219

Property details

Acreage
3.17 acres
MLS #
NMMLS 20262787
Posted

Property taxes

Recent
$2,123

Parcels

  • 4920531103516

Legal description

Details and features

Listing

Type
Land

Structure

Sewer
Septic Tank

Listing history

DateEventPriceChangeSource
Sept 5, 2026Price drop$250,000$25,000 -9.1%NMMLS
Sept 2, 2026New listing$275,000NMMLS
July 14, 2026Listing removed$275,000Listing agent
May 12, 2026New listing$275,000NMMLS
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This 3.17-acre property is located at 10918 N Monarch St in Hobbs, NM 88242. The land is available for sale, priced at $250,000 — $78,864 per acre.

Listed by Casa Oasis Realty, (575) 393-8058

Checked 1 hour agoUpdated Source

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