Schedule Your Tour for this Spacious Home Located in an Established Neighborhood in Hobbs, NM. This home features 3 bedrooms and 2 baths with cozy fireplace. Home also has an in-ground pool in the back of the property. This is a unique property located in close proximity to schools, shopping, and restaurants. Schedule Your Showing Today!
For sale
$225,000
700 E Permian Dr, Hobbs, NM 88240
3beds
1,770sqft
:
Get pre-qualified$1,425/mo
Single Family Residence
Built in 1955
6,969 Square Feet Lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Cozy fireplace
- 191 days |
- 955 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Leeroy Rivas 575-318-6228,
Rivas Real Estate Team Co. 575-392-7355
Source: New Mexico MLS,MLS#: 20260320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Fireplace
- Flooring: Carpet, Laminate
- Number of fireplaces: 1
Interior area
- Total structure area: 1,770
- Total interior livable area: 1,770 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Stories: 1
- Fencing: Block
- Frontage length: 52.0
Lot
- Size: 6,969 Square Feet
- Dimensions: 52.0x130.0
- Topography: Block
Details
- Parcel number: 4000022670001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Pitched
Condition
- Year built: 1955
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Security: Audio/Video Surveillance
HOA
- Has HOA: No
Location
- Region: Hobbs
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $113,526
- Annual tax amount: $2,204
- Date on market: 1/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,338/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $225,000$127/sqft |
Source:  New Mexico MLS #20260320 Report a problem | ||
| 6/13/2026 | Pending sale | $225,000$127/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 6/13/2026 | Listing removed | $225,000$127/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 6/11/2026 | Listed for sale | $225,000$127/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 5/31/2026 | Pending sale | $225,000$127/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 4/27/2026 | Listed for sale | $225,000$127/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 3/2/2026 | Pending sale | $225,000$127/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 2/20/2026 | Price change | $225,000-8.2%$127/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 2/3/2026 | Listed for sale | $245,000$138/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 1/20/2026 | Pending sale | $245,000$138/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
| 1/16/2026 | Listed for sale | $245,000$138/sqft |
Source: New Mexico MLS #20260320 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $967 -1.2% | $37,842 |
| 2024 | $980 -1.4% | $37,842 |
| 2023 | $993 +1.3% | $37,842 |
| 2022 | $980 +0.3% | $37,842 |
| 2021 | $978 +1.5% | $37,842 |
| 2020 | $963 +1.7% | $37,842 |
| 2019 | $947 +1.1% | $37,842 |
| 2018 | $936 +654.1% | $37,842 -65.7% |
| 2017 | $124 | $110,220 +3% |
| 2016 | $124 +0.8% | $107,010 +3% |
| 2015 | $123 -0.8% | $103,893 +3% |
| 2014 | $124 | $100,869 +3% |
| 2013 | -- | $97,929 +3% |
| 2012 | -- | $95,076 +3% |
| 2011 | -- | $92,307 +3% |
| 2010 | -- | $89,616 |
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.Climate risks
Neighborhood: 88240
Nearby schools
GreatSchools rating
- 6/10Broadmoor Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Highland Junior High SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Hobbs High SchoolGrades: 9-12Distance: 0.4 mi
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.
- $204,100-- bd-- ba1.3k sqft706 E Permian Dr, Hobbs, NM 88240Off Market
- $239,000-- bd-- ba1.8k sqft626 E Permian Dr, Hobbs, NM 88240Off Market
- $231,700-- bd-- ba1.9k sqft705 E Llano Dr, Hobbs, NM 88240Off Market
- $195,0002 bd1 ba1.5k sqft633 E Llano Dr, Hobbs, NM 88240Off Market
- $215,700-- bd-- ba1.4k sqft712 E Permian Dr, Hobbs, NM 88240Off Market
- $224,3003 bd2 ba1.7k sqft620 E Permian Dr, Hobbs, NM 88240Off Market
- $290,300-- bd-- ba2.8k sqft709 E Llano Dr, Hobbs, NM 88240Off Market
- $343,6005 bd3 ba3.5k sqft627 E Llano Dr, Hobbs, NM 88240Off Market
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.
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