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For sale
  • Price cut: $4K (10/21)
    $115,000

    523 S 8th St, Hobbs, NM 88240

    2beds
    912sqft
    : 
    $806/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    6,969 Square Feet Lot
    $-- Zestimate®
    $126/sqft
    $-- HOA

    What's special

    Affordable 2-bedroom, 2-bathroom single-family home in Hobbs, NM. Approximately 912 sq. ft. on a 7,318 sq. ft. lot. Built in 1950, this property offers an opportunity for renovation, investment, or owner occupancy.
    30 days
    1,001
    75

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jared A English 888-881-4118,

    Congress Realty, Inc. 888-881-4118

    Source: New Mexico MLS,MLS#: 26001689MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Features
      • Flooring: Laminate, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 912
      • Total interior livable area: 912 sqft
      • Finished area above ground: 912

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Lot
      • Size: 6,969 Square Feet
      Details
      • Parcel number: 4000122380001

      Construction

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

      Utilities & green energy

      • Water: Water - City

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Hobbs

      Financial & listing details

      • Price per square foot: $126/sqft
      • Tax assessed value: $76,047
      • Annual tax amount: $684
      • Date on market: 10/9/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,473/mo

        Price history

        DateEventPrice
        10/21/2026Price change$115,000-3.4%$126/sqft
        Source: New Mexico MLS #26001689 Report a problem
        10/16/2026Price change$119,000-4.8%$130/sqft
        Source: New Mexico MLS #26001689 Report a problem
        10/9/2026Listed for sale$125,000+38.9%$137/sqft
        Source: New Mexico MLS #26001689 Report a problem
        12/2/2020Sold--
        Source: New Mexico MLS #20202955 Report a problem
        9/24/2020Price change$90,000-17.4%$99/sqft
        Source: UNITED REALTY, LLC #20202955 Report a problem
        7/27/2020Price change$109,000-5.2%$120/sqft
        Source: UNITED REALTY, LLC #20202955 Report a problem
        7/7/2020Listed for sale$115,000$126/sqft
        Source: UNITED REALTY, LLC #20202955 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$684 -1.2%$25,349
        2024$693 -1.4%$25,349
        2023$702 +1.3%$25,349
        2022$693 +243.5%$25,349 +242.6%
        2021$202 +39.1%$7,398
        2020$145 +1.7%$7,398
        2019$143 +1.1%$7,398
        2018$141 -32.9%$7,398 -66.7%
        2017$210 +7.9%$22,194
        2016$195 $22,194
        2015$195 $22,194
        2014-- $22,194
        2013-- $22,194
        2012-- $22,194 +128.3%
        2011-- $9,720 +3%
        2010-- $9,438
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88240

        Getting around

        38 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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