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2406 W Pinson, Hobbs, NM 88242

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For Sale

$1,400,000

113.71 acres

Estimated Payment

$ 7,585 /mo. †

6.76% APR for 30 yrs.
$3,756 in taxes
Change Loan Terms

  • Farm/Ranch
    Property type

  • 113.7 acres
    Lot size

Explore this Property

We are pleased to present the exclusive listing of the Mountain States Equine Clinic and Breeding Facility just North of Hobbs in Lea County, New Mexico. This is a wonderful opportunity to obtain a remarkable property with great facilities, infrastructure, and incredible potential. Location: Located roughly 11 miles North of Hobbs, the Mountain States Equine facility is located on W Pinson Street off N Bensing Road. Just 8 miles from the Zia Park Casino Hotel and Racetrack, this phenomenal location is close enough to town for convenience, but far enough away to feel like a true country. Water: The Mountain States Equine facility features water from multiple sources for various uses. The pivot is supplied with an irrigation well located on the western edge of the property. The main house is equipped with its own domestic well, and a stock well in the Northwest corner that supplies the stalls and showbarn supplies water to the animals. In addition to the wells, the property has 114 shares of water rights that will convey with an acceptable offer, an important commodity in this part of the world. Improvements: The improvements on this property must be seen to believe, and give potential buyers true turnkey operation potential. There are three sets of horse stalls, one is 12x16 (x20), one is 12x20 (x8), and the last one is 12x12 (x24). There are 12 stalls in the red barn, five stalls that are 12x12, five stud stalls that are 12x16, and two foaling stalls that are 12x24, all currently being utilized for the vet clinic. The show barn for cattle is a 50x60, and has a total of 9 stalls, including one with an exterior run attached. In addition to stalls, there are roughly 3.25 acres worth of pens, separated into four divisions. The southernmost pen features stadium lights, and is also equipped with a round pen inside of it. A sprinkler system runs throughout each of the pens, keeping dust at a minimum and upkeep manageable. Next to the South pen and round pen is a 6 arm horse walker. No horse facility would be complete without a racetrack, and the Mountain States facility is no exception. A ? mile fiberglass track is located on the North side of the facility, giving riders an ample opportunity to train and fine tune their craft. Feed is also no issue for this facility, as it is furnished with a 3 tower (roughly 16 acre) 2000s model Zimmatic pivot. Alfalfa was planted in October of this year. Two additional towable pivots will convey with property, but neither are currently in use. Main House: The main house is a 3 bedroom, 3 bathroom home spanning 3,087 sqft. The home also features a 3-car attached garage, water softener, central heat and air conditioning. There are two HVAC systems, both only 5 years old, and the home also boasts a Jacuzzi tub in the master bathroom and a sprinkler system for both front and back yards with a brand new timer. Additionally, the house and vet clinic each have their own private access road. Minerals: The owner is not aware of any mineral interests presently owned.
MLS# 20246791

Courtesy Of Keller Williams Realty

(575) 935-4040

Property Features

  • Architecture Style
    Ranch
  • Lot Size
    113.71 Acres

Map and Directions

Directions to 2406 W Pinson, Hobbs, NM 88242

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $7,272
  • Property Taxes
    $313
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,585

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Lea Elementary School

Grades 1 Public School

Lovington, NM 88260 14 miles
1202 w birch ave

235 total students
14:1 Student teacher ratio

School Details

Ben Alexander Elementary School

Grades 2 Public School

Lovington, NM 88260 12.7 miles
1400 s 6th st

258 total students
16:1 Student teacher ratio

School Details

Jefferson Elementary School

Grades 3 Public School

Lovington, NM 88260 13.2 miles
300 w jefferson ave

206 total students
15:1 Student teacher ratio

School Rating: B-

School Details

Yarbro Elementary School

Grades 4-5 Public School

Lovington, NM 88260 13.4 miles
700 w jefferson ave

505 total students
17:1 Student teacher ratio

School Rating: B+

School Details

Lovington 6th Grade Academy

Grades 6 Public School

Lovington, NM 88260 13.3 miles
500 w jefferson ave

241 total students
13:1 Student teacher ratio

School Rating: B+

School Details

Llano Elementary School

Grades PK-KG Public School

Lovington, NM 88260 12.6 miles
1000 s 1st st

349 total students
15:1 Student teacher ratio

School Details

Taylor Middle School

Grades 7-8 Public School

Lovington, NM 88260 13.3 miles
700 s 11th st

639 total students
20:1 Student teacher ratio

School Rating: A-

School Details

Lovington Freshman Academy

Grades 9 Public School

Lovington, NM 88260 12.8 miles
701 w avenue k

279 total students
18:1 Student teacher ratio

School Rating: B-

School Details

Lovington High School

Grades 10-12 Public School

Lovington, NM 88260 12.8 miles
701 w avenue k

711 total students
19:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Junction Christian Academy 4.1 miles Private KG-5
College Lane Elementary School 5 miles Public KG-5 B

Junction Christian Academy

Distance: 4.1 miles

Type Private

Grades: KG-5

College Lane Elementary School

Distance: 5 miles

Type Public

Grades: KG-5

B

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Hobbs, NM 88242

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Hobbs, NM 88242

This community’s employment is highest in the construction and food industries. The area’s overall household expenses are below the national average.

93° July
Hottest Average Month
26° January
Coldest Average Month
2,355 Total Households in Area
-2.4% Increase in population since the year 2010
36.5%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Hobbs, NM 88242

Hobbs, NM 88242 has a population of 6,868 people in 2,355 households with a median age of 33.9 years old.

-2.4%
Decrease in population
since the year 2010
Population is Trending down
2,280
Total households as of 2010
4.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 33.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 57%
Hispanic 47%
Other 20%
Black 2%
Native American 1%
Asian <1%
The most prevalent ethnicity is White at 57%, followed by Hispanic at 47%, Other at 20%, and Black at 2%.

Economics
for Hobbs, NM 88242

104 /sq mi
Population Density
$85,964 /yr
Median Household Income
$307,750
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 16.64% of the households.

Transportation to Work

  • Drive 92%
  • Walk or Bike 4%
  • Work from Home 3%
  • Public Transit 0%

Occupancy by Type

Owned 1,930 76%
Rented 425 17%
Vacant 181 7%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Family & Education Facts
for Hobbs, NM 88242

33.9 Median Age

Average Household Size

2.8
persons per
household

57.8%

Married Households

Community Population By Education

High School Graduate 34%
Some College 23%
Some High School 18%
Graduate Degree 10%
Bachelors Degree 8%
Associates Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 33.92% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36.6% of households have children

Weather
for Hobbs, NM 88242

The weather for this area ranges from a high of 93° F in July to a low of 26° F in January

93° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
56°
Feb
30°
61°
Mar
35°
68°
Apr
44°
77°
May
53°
85°
Jun
62°
92°
Jul
65°
93°
Aug
64°
92°
Sep
57°
86°
Oct
46°
77°
Nov
35°
65°
Dec
27°
57°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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