This 3-bedroom, 2-bath home is full of potential with some great updates and added flexibility. Whether you're looking for your first home, your next home, or an investment opportunity, this one is worth a look. The updated kitchen provides a fresh, inviting space for everyday living, while the garage has been converted into a bonus room complete with new carpet and mini-split air conditioning-perfect for a second living area, game room, home office, playroom, or whatever best fits your needs. A sliding glass door opens from the bonus room onto the driveway for easy indoor outdoor access. With a versatile floor plan and plenty of potential to make it your own, this home is ready for its next chapter.
Pending
$199,000
505 N 16th St, Lovington, NM 88260
3beds
1,483sqft
Single Family Residence
Built in 1978
9,583 Square Feet Lot
$-- Zestimate®
$134/sqft
$-- HOA
What's special
New carpetUpdated kitchenVersatile floor planMini-split air conditioning
- 11 days
- 317
- 17
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Beth Myers 575-741-5017,
Rafter Cross Realty, LLC 575-741-5017
Source: New Mexico MLS,MLS#: 26000805
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Cooling
- Window Unit(s)
Features
- Has fireplace: No
Interior area
- Total structure area: 1,483
- Total interior livable area: 1,483 sqft
- Finished area above ground: 1,483
Property
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: 4000258510001
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
- Property subtype: Single Family Residence
Condition
- Year built: 1978
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lovington
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $84,087
- Annual tax amount: $2,023
- Date on market: 8/21/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Pending sale | $199,000$134/sqft |
Source:  New Mexico MLS #26000805 Report a problem | ||
| 8/22/2026 | Listed for sale | $199,000$134/sqft |
Source: New Mexico MLS #26000805 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $855 +2% | $28,029 +3% |
| 2024 | $838 +1.6% | $27,213 +3% |
| 2023 | $824 +3% | $26,420 +3% |
| 2022 | $800 +3.6% | $25,651 +3% |
| 2021 | $773 -0.7% | $24,904 |
| 2020 | $778 -0.3% | $24,904 |
| 2019 | $781 +0.8% | $24,904 |
| 2018 | $775 +0.1% | $24,904 -66.7% |
| 2017 | $774 +0.7% | $74,712 |
| 2016 | $768 | $74,712 |
| 2015 | $768 | $74,712 |
| 2014 | -- | $74,712 |
| 2013 | -- | $74,712 |
| 2012 | -- | $74,712 +43.1% |
| 2011 | -- | $52,209 +3% |
| 2010 | -- | $50,688 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 88260
Nearby schools
Schools provided by the listing agent
- Elementary: 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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