# 5206 N Grimes Street, Hobbs, NM 88242

> **TL;DR:** single family, $2,500,000 ($1123/sqft), 2,226 sqft. Est. $10,833/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,500,000 |
| Price/sqft | $1123 |
| Square Feet | 2,226 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,833 |
| **Total** | **$10,833** |

## Description

### Agent Description
Turnkey opportunity to acquire a multi-parcel, income-capable property in Hobbs. This offering includes four separate parcels totaling approximately 4.47 acres, featuring a commercial building for a business, a residential property (713 W. Cara), and a fully functional animal and equine facility. The property is currently configured for livestock and animal operations, with pipe fencing, multiple pens, shelters, and outbuildings already in place. Ideal for boarding, breeding, training, or small-scale agricultural business use. This property is well-suited for investors, owner-operators, or buyers seeking a live/work setup with expansion potential. Opportunities like this combining land, infrastructure, and multiple parcels are rare in this market.

## Location

- **Address:** 5206 N Grimes Street, Hobbs, NM 88242
- **County:** Lea County
- **Coordinates:** 32.75901, -103.144517
- **Google Maps:** https://www.google.com/maps?q=32.75901,-103.144517

## Listing Agent

- **Name:** Denice Chavez
- **Brokerage:** Casa Oasis Realty
- **Phone:** 5755525372
- **Email:** denice@casaoasisrealty.com

## Primary Photo

![5206 N Grimes Street - Primary Photo](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f4216059825r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/5206-n-grimes-street-hobbs-nm-88242-20261650)*

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**MLS#:** 20261650 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5206-n-grimes-street-hobbs-nm-88242-20261650)

---

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