NOT LISTED FOR SALE

2106 E Arbors Ave Hobbs, NM 88240

Hobbs Area

Estimated Value: $348,000 - $681,000

Studio
-- Bath
-- Sq Ft
2010 Built

Sale Details

Date Sold: August 20, 2025

Current estimated payment $2,994 / mo

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of August 2025

Great investment opportunity at the Arbors in Hobbs! This fourplex has two two bedroom units with a one car garage and two three-bedroom units with a two-car garage! All units are currently occupied with great long term tenants. All units have recently been updated! This is a hard to find investment property in Hobbs with a 12% cap rate!

Last Agent to Sell the Property

COLTON GAINER

United Realty, LLC - Hobbs Listed on: 05/23/2025

Last Buyer's Agent

Rodney Davis

United Realty, LLC - Hobbs License #20741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 2010

Home Design

  • Shingle Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4 980 104 154 851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,776

Year Built

Built in 2010

Lot Details

0 Sq Ft Lot

Listing Details

  • New Construction: No
  • Year Built: 2010
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential
  • Horses: No
  • Inclusions: Dishwasher, Disposal, Free-Standing Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Carport Y N: No
  • Reso Flooring: Vinyl
  • Garage Yn: No
  • Reso Interior Features: Smoke Detector(s)
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Private Spa: No
  • Stories: 1

Exterior Features

  • Roof: Tile, Shingle
  • Pool Private: No
  • Topography: Irregular Lot
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Utilities: Garbage
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: None/Other
  • Ninth Grade High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Assessments: No
  • ResoLotSizeUnits: Acres
  • Parcel #: 4 980 104 154 851

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3776.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Aug 20, 2025
Sold by
Bought by
Seller's Agent
COLTON GAINER
United Realty, LLC - Hobbs
Buyer's Agent
Rodney Davis
United Realty, LLC - Hobbs
List Price
$560,000
Views
2
Current Estimated Value
$505,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.32%

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 19, 2021
Sold by
Bought by
Seller's Agent
Donnie Roberts
Donnie Roberts, Realtors LLC
Buyer's Agent
Matthew Smith
Found Real Estate
List Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$352,500
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Insurance
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $352,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2025 08/20/25 Sold -- -- --
05/23/2025 05/23/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $560,000 +13.1% --
01/14/2021 01/14/21 Sold -- -- -- View Prior Sale
12/11/2020 12/11/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $495,000 -- --
Source: New Mexico MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,729 $138,166 $15,668 $122,498
2024 $3,776 $138,166 $15,668 $122,498
2023 $3,828 $138,166 $15,668 $122,498
2022 $3,779 $138,166 $15,668 $122,498
2021 $3,447 $126,348 $13,508 $112,840
2020 $3,395 $126,348 $13,508 $112,840
2019 $3,337 $126,348 $13,508 $112,840
2018 $3,300 $126,348 $13,508 $112,840
2017 $3,490 $379,044 $40,524 $338,520
2016 $3,632 $379,044 $40,524 $338,520
2015 $3,417 $389,136 $87,996 $301,140
2014 -- $389,136 $87,996 $301,140
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    COLTON GAINER

    United Realty, LLC - Hobbs

    (575) 631-8354

    9 Total Sales

    COLTON GAINER
    Section Image
  • Rodney Davis

    Buyer's Agent in 2025

    Rodney Davis

    United Realty, LLC - Hobbs

    (575) 942-9170

    385 Total Sales

    Rodney Davis
    Section Image

  • D

    Seller's Agent in 2021

    Donnie Roberts

    Donnie Roberts, Realtors LLC

    Section Image
  • Matthew Smith

    Buyer's Agent in 2021

    Matthew Smith

    Found Real Estate

    (575) 441-3880

    100 Total Sales

    Matthew Smith
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20253102

New Mexico MLS

APN: 4980104154851

New Mexico Lea County Hobbs 88240

2106 E Arbors Ave, Hobbs, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.