Sold

Price Unknown

403 S 3rd St, Lovington, NM 88260

6beds

1,986sqft

Single Family Residence

Built in 1950

0.48 Acres Lot

$142,500 Zestimate^®

$--/sqft

$2,740 Estimated rent

Home value

$142,500

Estimated sales range

Not available

$2,740/mo

Zestimate^® history

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What's special

Large workshopKitchen with dining area

If you are looking for an investment property with income potential, take a look at this 4-bedroom 1 bath home centrally located in the city of Lovington. The home features 4 bedrooms, 2 downstairs and 2 upstairs. The home has a large living room, kitchen with dining area and 1 bath. Extras are 2, 1-bedroom apartments with kitchens and baths each. The apartments are part of the original home. Outside you would find a large workshop and an older mobile home, that needs remodeling or replacing and an extra mobile home lot with hookups. This property has income potential. the property is being offered for sale in it's current AS IS condition.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air

Cooling

Central Air, Refrigerated

Features

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

Interior area

Total structure area: 1,986
Total interior livable area: 1,986 sqft

Property

Features

Stories: 2
Exterior features: RV Hookup
Fencing: Chain Link,Cross Fenced
Frontage length: 150.0

Lot

Size: 0.48 Acres
Dimensions: 150.0x140.0
Topography: Chain Link, Cross Fenced

Details

Additional structures: Workshop
Parcel number: 22440
Zoning description: B

Construction

Type & style

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

Materials

Mission Stone
Roof: Pitched

Condition

Year built: 1950

Utilities & green energy

Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: South Addition

HOA

Has HOA: No

Location

Region: Lovington

Financial & listing details

Tax assessed value: $2,223
Annual tax amount: $1,779
Date on market: 4/29/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: Free-Standing Range
Electric utility on property: Yes

Price history

Date	Event	Price
6/16/2026	Sold	--
Source: New Mexico MLS #20262590 Report a problem
5/10/2026	Pending sale	$175,000$88/sqft
Source: New Mexico MLS #20262590 Report a problem
5/4/2026	Listed for sale	$175,000$88/sqft
Source: New Mexico MLS #20262590 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$23 +2.1%	$741 +3.1%
2024	$22 +1.5%	$719 +3%
2023	$22 +0%	$698
2022	$22 +3.6%	$698 +2.9%
2021	$21 +2.4%	$678 +3%
2020	$21 -0.4%	$658
2019	$21 +0.8%	$658
2018	$20 -22.3%	$658 -66.7%
2017	$26 +29.7%	$1,974
2015	$20	$1,974 +3%
2014	--	$1,917 +3.1%
2013	--	$1,860 +3%
2012	--	$1,806 +3.1%
2011	--	$1,752 +3%
2010	--	$1,701