INVESTMENT OPPORTUNITY! Whether you are looking to expand your real estate portfolio or dive into the multi-family market, this property checks every single box. Located in North Hobbs just minutes away from shopping centers, grocery stores, and retail, this fourplex features four 2-bedroom, 1-bathroom units divided evenly with two accessible ground-level units on the first floor and two upper-level units on the second floor. The building is currently fully rented with tenants already in place, allowing you to start collecting income on day one! CALL TODAY FOR MORE DETAILS!
Sold
Price Unknown
703 W Calle Sur St, Hobbs, NM 88240
--beds
--baths
--sqft
Single Family Residence
Built in 1981
4,791 Square Feet Lot
$349,900 Zestimate®
$--/sqft
$1,819 Estimated rent
Home value
$349,900
Estimated sales range
Not available
$1,819/mo
Zestimate® history
Owner options
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Leeroy Rivas 575-318-6228,
Rivas Real Estate Team Co.
Bought with:
Matthew T Smith, REC-2023
Found Real Estate
Source: New Mexico MLS,MLS#: 20263487
Facts & features
Interior
Heating
- Forced Air
Features
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
Property
Features
- Frontage length: 69.0
Lot
- Size: 4,791 Square Feet
- Dimensions: 69.0x69.0
Details
- Parcel number: 4000757020001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Siding
- Roof: Pitched
Condition
- Year built: 1981
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hobbs
Financial & listing details
- Tax assessed value: $146,847
- Annual tax amount: $2,701
- Date on market: 6/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Free-Standing Range, Refrigerator
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Sold | -- |
Source:  New Mexico MLS #20263487 Report a problem | ||
| 6/26/2026 | Pending sale | $350,000 |
Source: New Mexico MLS #20263487 Report a problem | ||
| 6/14/2026 | Listed for sale | $350,000 |
Source: New Mexico MLS #20263487 Report a problem | ||
| 5/17/2025 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 5/11/2025 | Listed for rent | $900+20% |
Source: Zillow Rentals Report a problem | ||
| 12/20/2019 | Listing removed | $750 |
Source: Empire Real Estate Group Report a problem | ||
| 12/14/2019 | Listed for rent | $750 |
Source: Empire Real Estate Group Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,133 +1.7% | $48,949 +3% |
| 2024 | $1,114 +1.6% | $47,532 +3% |
| 2023 | $1,096 +4.7% | $46,155 +3% |
| 2022 | $1,047 +3.3% | $44,819 +3% |
| 2021 | $1,014 +5.1% | $43,513 +3% |
| 2020 | $965 +5.1% | $42,253 +3% |
| 2019 | $919 +4.2% | $41,022 +3% |
| 2018 | $882 -24.4% | $39,827 -65.7% |
| 2017 | $1,166 +43.2% | $116,001 +3% |
| 2016 | $814 | $112,620 +3% |
| 2015 | $814 | $109,341 +3% |
| 2014 | -- | $106,155 +3% |
| 2013 | -- | $103,065 +3% |
| 2012 | -- | $100,062 +3% |
| 2011 | -- | $97,149 +3.6% |
| 2010 | -- | $93,735 |
Find assessor info on the county website
Neighborhood: 88240
Nearby homes
- $363,700-- bd-- ba-- sqft625 W Calle Sur St, Hobbs, NM 88240Off Market
- $--2 bd1 ba-- sqft616-716 W Calle Sur St #622, Hobbs, NM 88240Off Market
- $--2 bd1 ba-- sqft616-716 W Calle Sur St #630, Hobbs, NM 88240Off Market
- $--2 bd1 ba-- sqft616-716 W Calle Sur St, Hobbs, NM 88240Off Market
- $--2 bd1 ba-- sqft616-716 W Calle Sur St #624, Hobbs, NM 88240Off Market
- $--2 bd1 ba-- sqft616-716 W Calle Sur St #712, Hobbs, NM 88240Off Market
- $288,700-- bd-- ba-- sqft711 W Calle Sur St, Hobbs, NM 88240Off Market
- $363,600-- bd-- ba-- sqft617 W Calle Sur St, Hobbs, NM 88240Off Market
Nearby schools
GreatSchools rating
- 4/10Stone Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Houston Junior High SchoolGrades: 6-9Distance: 2.9 mi
- 8/10Hobbs High SchoolGrades: 9-12Distance: 2.6 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.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$349,900
2% more
+$6,998
With Zillow Showcase(estimated)
$356,898
- New Mexico
- Lea County
- Hobbs
- 88240
- 703 W Calle Sur St
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