For sale

Price cut: $2.5K (5/5)

$124,500

400 W Midwest St, Hobbs, NM 88240

2beds

863sqft

Est.:

Single Family Residence

Built in 1950

7,000.09 Square Feet Lot

$-- Zestimate^®

$144/sqft

$-- HOA

What's special

Classic characterLarge fenced-in yardLarge corner lotSmall screened-in front porch

This charming 2-bedroom, 1-bathroom home offers classic character and is situated on a large corner lot. The property features a small screened-in front porch and a large fenced-in yard, providing plenty of space for pets, gardening, outdoor gatherings or future improvements. Please note that the seller is offering the home in "as-is" condition and will not be making repairs. Don’t miss out on this opportunity to make this house your home.

14 days

601

31

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas

Cooling

Electric, Central Air

Features

Flooring: Carpet, Laminate, Tile
Has fireplace: No

Interior area

Total structure area: 863
Total interior livable area: 863 sqft

Property

Parking

Parking features: No Garage

Features

Fencing: Chain Link

Lot

Size: 7,000.09 Square Feet
Dimensions: 50’ x 140’

Details

Parcel number: 4000074030001

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Pitched,Shingle

Condition

New construction: No
Year built: 1950

Utilities & green energy

Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Hobbs

Financial & listing details

Price per square foot: $144/sqft
Tax assessed value: $100,383
Annual tax amount: $1,142
Date on market: 4/20/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/5/2026	Price change	$124,500-2%$144/sqft
Source: New Mexico MLS #20262295 Report a problem
4/20/2026	Listed for sale	$127,000+23.9%$147/sqft
Source: New Mexico MLS #20262295 Report a problem
3/8/2023	Sold	--
Source: New Mexico MLS #20230462 Report a problem
1/30/2023	Listed for sale	$102,500+22%$119/sqft
Source: New Mexico MLS #20230462 Report a problem
9/8/2017	Sold	--
Source: New Mexico MLS #20171432 Report a problem
5/16/2017	Listing removed	$84,000$97/sqft
Source: UNITED REALTY, LLC #20171432 Report a problem
5/1/2017	Price change	$84,000-3.4%$97/sqft
Source: UNITED REALTY, LLC #20171432 Report a problem
3/29/2017	Listed for sale	$87,000$101/sqft
Source: UNITED REALTY, LLC #20171432 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$903 -1.2%	$33,461
2024	$915 +37.3%	$33,461 +39.2%
2023	$666 +4.3%	$24,043 +3%
2022	$638 +3.3%	$23,343 +3%
2021	$618 +1.5%	$22,663
2020	$609 +1.7%	$22,663
2019	$599 +1.1%	$22,663
2018	$592 +34.4%	$22,663 -47%
2017	$441 +39.8%	$42,723 +19%
2016	$315	$35,892
2015	$315	$35,892
2014	--	$35,892 +185.2%
2013	--	$12,585 +3%
2012	--	$12,219 +3%
2011	--	$11,862 +3%
2010	--	$11,517