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.
Lot/land
$275,000
10918 N Monarch St, Hobbs, NM 88242
--beds
--baths
3.17Acres
Unimproved Land
Built in ----
3.17 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Existing wellQuiet areaSpace and privacy
- 73 days |
- 45 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Denice Chavez 575-552-5372,
Casa Oasis Realty 575-393-8058
Source: New Mexico MLS,MLS#: 20262787
Facts & features
Interior
Features
- Has fireplace: No
Property
Lot
- Size: 3.17 Acres
Details
- Parcel number: 4920531103516
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Connected, Natural Gas Not Available
Community & HOA
HOA
- Has HOA: Yes
Location
- Region: Hobbs
Financial & listing details
- Tax assessed value: $2,279
- Annual tax amount: $2,123
- Date on market: 5/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,445/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $275,000 |
Source:  New Mexico MLS #20262787 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $66 0% | $2,279 |
| 2024 | $66 -65.4% | $2,279 -65.4% |
| 2023 | $191 +4.4% | $6,581 +3% |
| 2022 | $182 +2.9% | $6,391 +3% |
| 2021 | $177 +2.1% | $6,205 |
| 2020 | $174 +28.1% | $6,205 +25.4% |
| 2019 | $136 +3% | $4,950 +3% |
| 2018 | $132 -29.5% | $4,806 -65.7% |
| 2017 | $187 +45.8% | $13,998 |
| 2016 | $128 | $13,998 |
| 2015 | $128 | $13,998 |
| 2014 | -- | $13,998 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 88242
Nearby schools
GreatSchools rating
- 6/10College Lane Elementary SchoolGrades: K-5Distance: 5.1 mi
- 4/10Houston Junior High SchoolGrades: 6-9Distance: 9.9 mi
- 8/10Hobbs High SchoolGrades: 9-12Distance: 9.7 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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