For sale

$180,000

903 W Iron Ave, Hobbs, NM 88240

3beds

1,727sqft

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Single Family Residence

Built in 1961

-- sqft lot

$179,200 Zestimate^®

$104/sqft

$-- HOA

What's special

Check out this perfect opportunity for an investment or a place to make your own. Has 3 bedrooms 1 full bath with Den that can be used for additional living space or as a fourth bedroom. It also includes a closed in patio with built in fire grill for those summer family gathering! This property is being sold in As Is condition. Seller is not willing to do any repairs.

9 days

405

25

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas, Wall Furnace

Cooling

Evaporative Cooling

Appliances

Included: Free-Standing Range, Refrigerator, Gas Water Heater

Features

Attic, Ceiling Fan(s)
Flooring: Carpet, Tile, Vinyl
Windows: Aluminum Frames
Has fireplace: No

Interior area

Total structure area: 1,727
Total interior livable area: 1,727 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Glass Enclosed
Fencing: Block,Fenced

Lot

Features: Irregular Lot

Details

Additional structures: Shed(s)
Parcel number: 4000030700001

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick, Frame, Stucco
Foundation: Slab
Roof: Pitched,Shingle

Condition

New construction: No
Year built: 1961

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: $104/sqft
Tax assessed value: $89,247
Annual tax amount: $773
Date on market: 6/14/2026
Electric utility on property: Yes

Estimated market value

$179,200

$170,000 - $188,000

$2,117/mo

Price history

Date	Event	Price
6/14/2026	Listed for sale	$180,000$104/sqft
Source: New Mexico MLS #20263490 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$749 +1.9%	$29,749 +3%
2024	$735 +1.8%	$28,882 +3%
2023	$721 +4.6%	$28,041 +3%
2022	$690 +3.5%	$27,224 +3%
2021	$666 +4.8%	$26,431 +3%
2020	$636 +5.1%	$25,661 +3%
2019	$605 +4.4%	$24,913 +3%
2018	$580 -17.9%	$24,187 -65.7%
2017	$706 +33.1%	$70,446 +3%
2016	$530	$68,394 +3%
2015	$530	$66,402 +3%
2014	--	$64,470 +3%
2013	--	$62,592 +3%
2012	--	$60,768 +3%
2011	--	$58,998 +3%
2010	--	$57,279

Find assessor info on the county website

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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