Pending

$600,000

2016 E Arbors Ave, Hobbs, NM 88240

--beds

--baths

--sqft

Est.:

Multi Family

Built in 2008

-- sqft lot

$553,900 Zestimate^®

$--/sqft

$-- HOA

What's special

6 days

8

0

Facts & features

Interior

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Free-Standing Range, Refrigerator, Electric Water Heater

Features

Has fireplace: No

Property

Lot

Size: 0.31 Acres
Dimensions: 205 x 65

Details

Parcel number: 4 980 104 154 317

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Stucco

Condition

Year built: 2008

Community & HOA

HOA

Has HOA: No

Location

Region: Hobbs

Financial & listing details

Tax assessed value: $485,016
Annual tax amount: $4,287
Date on market: 12/4/2025

Estimated market value

$553,900

$438,000 - $681,000

$1,669/mo

Price history

Price history

Date	Event	Price
12/4/2025	Pending sale	$600,000
Source: New Mexico MLS #20256820 Report a problem
11/20/2020	Sold	--
Source: New Mexico MLS #20205269 Report a problem
8/23/2020	Listing removed	$1,400
Source: Empire Real Estate Group Report a problem
8/20/2020	Listed for rent	$1,400
Source: Empire Real Estate Group Report a problem

Public tax history

Public tax history

Year	Property taxes	Tax assessment
2025	--	$161,672 +3%
2024	$4,290 +1.6%	$156,963 +3%
2023	$4,222 +1.3%	$152,391

Find assessor info on the county website

BuyAbility℠ payment

Est. payment

$3,454/mo

Principal & interest

$2944

Property taxes

$300

Home insurance

$210

Climate risks

Neighborhood: 88240

Nearby schools

GreatSchools rating

6/10
Coronado Elementary School
Grades: K-5Distance: 0.5 mi
4/10
Highland Junior High School
Grades: 6-8Distance: 0.6 mi
NA
Hobbs Freshman High School
Grades: 9-10Distance: 1.2 mi

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New Mexico
Lea County
Hobbs
88240
2016 E Arbors Ave

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