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    515 W Lea St, Hobbs, NM 88240

    2beds
    1,230sqft
    Single Family Residence
    Built in 1950
    10,454 Square Feet Lot
    $169,600 Zestimate®
    $--/sqft
    $1,688 Estimated rent

    Home value

    $169,600

    Estimated sales range

    Not available

    $1,688/mo

    Zestimate® history
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    $1,688/mo

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    $1,688/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Gutierrez 575-408-2850,

    Elevated Realty

    Bought with:

    Masiel Corrales, REC-2025-0875

    Rivas Real Estate Team Co.

    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

    • 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

    Price history

    DateEventPrice
    7/17/2026Sold--
    Source: New Mexico MLS #20262534 Report a problem
    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

    Neighborhood: 88240

    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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $169,600
    2% more
    +$3,392
    With Zillow Showcase(estimated)
    $172,992
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $169,600
    2% more
    +$3,392
    With Zillow Showcase(estimated)
    $172,992