Pending

$174,000

124 W Castle Ave, Hobbs, NM 88240

3beds

1,304sqft

$1,221/mo

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Single Family Residence

Built in 1950

8,276 Square Feet Lot

$168,000 Zestimate^®

$133/sqft

$-- HOA

What's special

Covered carportBathroom with updatesNicely sized bedroomsFenced yard

Loved by the same family for more than 60 years, this 3-bedroom, 1-bath home is ready to welcome its next owner. Inside, you'll find nicely sized bedrooms, a bathroom with updates completed in recent years, and additional living space at the back of the home that offers plenty of flexibility, perfect for a second living area, game room, home office, or hobby space. Outside, the fenced yard is shaded by beautiful, mature trees and offers plenty of room to enjoy. A covered carport and detached garage with workshop space provide convenient parking, storage, and room for projects. This well-loved home is ready for its next chapter.

27 days
417
22

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3

Cooling

Central Air

Features

Ceiling Fan(s)
Flooring: Carpet, Laminate
Has fireplace: No

Interior area

Total structure area: 1,304
Total interior livable area: 1,304 sqft
Finished area above ground: 1,304

Property

Parking

Total spaces: 1
Parking features: Garage, Open
Garage spaces: 1
Has uncovered spaces: Yes

Features

Patio & porch: Patio Covered
Exterior features: Sidewalk, Curb & Gutter
Fencing: Back Yard,Fence

Lot

Size: 8,276 Square Feet
Topography: Back Yard, Fence

Details

Additional structures: Workshop
Parcel number: 4000022530001

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

Year built: 1950

Utilities & green energy

Water: Water - City
Utilities for property: Cable Available, Electricity Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Hobbs

Financial & listing details

Price per square foot: $133/sqft
Tax assessed value: $44,037
Annual tax amount: $1,554
Date on market: 9/27/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Inclusions: Dryer, Free-Standing Range, Refrigerator, Washer
Electric utility on property: Yes

Estimated market value

$168,000

$158,000 - $176,000

$1,815/mo

Price history

Date	Event	Price
10/2/2026	Pending sale	$174,000$133/sqft
Source: New Mexico MLS #26001441 Report a problem
9/27/2026	Listed for sale	$174,000$133/sqft
Source: New Mexico MLS #26001441 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$342 +2.2%	$14,679 +3%
2024	$335 +2.1%	$14,252 +3%
2023	$328 +4.9%	$13,836 +3%
2022	$313 +3.8%	$13,433 +3%
2021	$301 +5.1%	$13,042 +3%
2020	$287 +5.4%	$12,663 +3%
2019	$272 +4.8%	$12,294 +3%
2018	$260 -69.6%	$11,936 -65.7%
2017	$855	$34,764 +3%
2016	$855 +3.8%	$33,750 +3%
2015	$823 +22.4%	$32,769 +3%
2014	$673	$31,815 +3%
2013	--	$30,888 +3%
2012	--	$29,988 +3%
2011	--	$29,115 +3%
2010	--	$28,266