Skip main navigation
Pending
    • $174,000

    515 W Lea St, Hobbs, NM 88240

    2beds
    1,230sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 1950
    10,454 Square Feet Lot
    $-- Zestimate®
    $141/sqft
    $-- HOA

    What's special

    Storage unitInterior painting
    Check out this remodeled home! It is 2 bedrooms and 1 bathroom including a storage unit and sitting on two city lots. Several updates include new central heating and cooling, plumbing, roof on home and storage shed, flooring, stucco, water heater and interior painting. Make this your first home or your first investment. Call Monica Gutierrez at 575-408-2850 for a showing and to help you through the approval process.
    74 days
    |
    12
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Gutierrez 575-408-2850,

    Elevated Realty 575-408-2850

    Source: New Mexico MLS,MLS#: 20262534MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,230
      • Total interior livable area: 1,230 sqft

      Property

      Features
      • Fencing: Chain Link
      • Frontage length: 140.0
      Lot
      • Size: 10,454 Square Feet
      • Dimensions: 140.0x75.0
      • Topography: Chain Link
      Details
      • Parcel number: 4000122930001

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      Condition
      • Year built: 1950

      Utilities & green energy

      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Security: Audio/Video Surveillance
      HOA
      • Has HOA: No
      Location
      • Region: Hobbs

      Financial & listing details

      • Price per square foot: $141/sqft
      • Tax assessed value: $52,806
      • Annual tax amount: $1,565
      • Date on market: 4/30/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,641/mo

        Price history

        DateEventPrice
        6/1/2026Pending sale$174,000$141/sqft
        Source: New Mexico MLS #20262534 Report a problem
        5/26/2026Listed for sale$174,000$141/sqft
        Source: New Mexico MLS #20262534 Report a problem
        5/3/2026Pending sale$174,000$141/sqft
        Source: New Mexico MLS #20262534 Report a problem
        5/1/2026Listed for sale$174,000$141/sqft
        Source: New Mexico MLS #20262534 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$475 +32.8%$17,602 +3%
        2024$358 +2.6%$17,089 +3%
        2023$349 +5.3%$16,591 +3%
        2022$331 +4.3%$16,107 +3%
        2021$318 +5.7%$15,638 +3%
        2020$301 +1.7%$15,183
        2019$295 +23.1%$15,183
        2018$240 -42.3%$15,183 -66.7%
        2017$415 +71.8%$45,549
        2016$242 $45,549
        2015$242 $45,549
        2014-- $45,549
        2013-- $45,549
        2012-- $45,549
        2011-- $45,549
        2010-- $45,549
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 88240

        Getting around

        67 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

        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.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby zip codes

            Other Hobbs Topics

              Search
              Updates
              Favorites
              Plan
              Inbox