Improved Mixed-Use Land for Sale in Hobbs, New Mexico
713 W Kara St, Hobbs, NM 88242
Turnkey opportunity to acquire a multi-parcel, income-capable property in Hobbs. This offering includes four separate parcels totaling approximately 4.47 acres. Here you will find a commercial building; 5206 N Grimes St. for a business and 713 W Kara St. a 4 bedroom, 2 bathroom residential property. Property highlights include: - 20+ kennels - Right off a main road for easy access and visibility - 2 brand new AC units - New wiring - Large 4-bedroom, 2-bath home with a beautiful backyard - Large barn behind the house with 10 covered stalls - Second barn with 8 attached stalls - 2 large riding arenas - 2 horse turnouts - Greenhouse - Multiple fenced yards for dogs or livestock. Opportunities like this combining land, infrastructure, and multiple parcels are rare in this market. Call today to schedule a tour!
Location
- Street address
- 713 W Kara St
- County
- Lea County
- Community
- New Mexico MLS
- Elevation
- 3,647 feet
Property details
- Acreage
- 4.47 acres
- MLS #
- NMMLS 20262947
- Posted
Property taxes
- 2025
- $3,352 - Metes & Bounds
Parcels
- 4000777680001
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Irregular Lot
Exterior
- Parking Spaces
- 2
- Fencing
- Fenced
- Structures
- Greenhouse, Kennel/Dog Run
- Features
- Dog Run
Structure
- Style
- Ranch
- Stories
- 1
- Sewer
- Septic Tank
- Heating
- Forced Air
- Cooling
- Central Air
- Materials
- Brick
- Roof
- Metal
Interior
- Rooms
- Bathroom x 2, Bedroom x 4
- Flooring
- Tile, Wood
- Fireplaces
- Yes
- Appliances
- Free-Standing Range
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 19, 2026 | New listing | $2,500,000 | — | NMMLS |