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713 W Kara Street

Hobbs, NM 88242
  • $2,500,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 20262947
UPDATED: 52 min ago
$2,500,000
  • 4
    BEDS
  • 4.47
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,226
    SQFT
  • $1,123
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:
Lea
Area:

School Ratings & Info

Description

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!

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© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-06-08T15:14:56.967.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/176643171
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713 W Kara Street Hobbs, NM 88242

  • Price: $2,500,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 52 min ago
  • MLS #: 20262947
4
Beds
2
Baths
0
½ Baths
4.47
Acres
2,226
SQFT
$1,123
$/SQFT
1980
Built
Neighborhood:
Hobbs
County:
Lea
Area:
Hobbs
Property Description
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!
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Brick Exterior Features Dog Run Garage YN Yes Levels One Parking Features Detached Roof Metal

Interior Features

Appliances Free-Standing Range Cooling Central Air Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring TileWood Heating Forced Air Heating YN Yes

Property Features

Association YN No Building Area Total 2226 Carport YN No Covered Spaces 2 Fencing Fenced Lot Features Irregular Lot New Construction YN No Other Structures Barn(s)Shed(s)Greenhouse Property Sub Type Mixed Use Public Improvement Dist No Sale Rent For Sale Sewer Septic Tank Tax Annual Amount 3351.61 Utilities Electricity ConnectedNatural Gas Connected Water Source Domestic Well

Listing courtesy of Casa Oasis Realty: 575-393-8058.
© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-06-08T15:14:56.967.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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Rivas Real Estate
3420 N. Grimes Ste 100
Hobbs NM, 88240