$535,000
PENDING

2600 N Houston St Hobbs, NM 88240

Estimated payment $3,220/month

Total Views 1,221
-- Bed
5 Baths
4,053 Sq Ft
$132 Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Central Air

About This Home

Fully Occupied 5-Unit Multifamily Property This well-maintained multifamily property offers a total of 5 rental units, consisting of two duplexes and one stand-alone unit. Fully occupied and generating strong rental income. Recent upgrades include fresh exterior paint and new security doors for enhanced curb appeal and tenant security. One of the units has been remodeled, featuring new tile flooring throughout, a modernized bathroom, and fresh paint. *Interior photos of updated unit

Listing Agent

Erin Anderson

PERMIAN REAL ESTATE License #47910 Listed on: 10/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 5 Bathrooms
  • 4,053 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Utilities

  • Central Air
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 4000020320001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,813

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Located on the northwest corner of North Houston and Sunset Drive
  • Year Built: 1970
  • Reso Property Sub Type: Multi Unit 5+
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: None
  • Unit Levels: One
  • Reso Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher

Exterior Features

  • Acres: 0.21
  • Construction Type: Frame

Utilities

  • Utilities: Sewer Connected, Garbage
  • Electric: Meters(Electric Separate)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Water-City, Meters(Water Combined)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000020320001

Rental Info

  • Owner Pays: Trash Collection, Sewer, Water

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4813.02

Multi Family

  • Number Of Units Total: 5
  • Building Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $1,172 $42,896 $4,977 $37,919
2023 $1,154 $41,646 $4,832 $36,814
2022 $1,106 $41,646 $4,832 $36,814
2021 $1,071 $39,257 $4,554 $34,703
2020 $1,024 $38,113 $4,421 $33,692
2019 $1,007 $38,113 $4,421 $33,692
2018 $996 $38,113 $4,421 $33,692
2017 $1,053 $114,339 $13,263 $101,076
2016 $1,095 $114,339 $13,263 $101,076
2015 $971 $114,339 $13,263 $101,076
2014 $951 $114,339 $13,263 $101,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Pending -- -- --
10/23/2025 10/23/25 For Sale $535,000 +41.7% $132 / Sq Ft
08/19/2024 08/19/24 Sold -- -- -- View Prior Sale
04/09/2024 04/09/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $377,500 -- $93 / Sq Ft
Source: New Mexico MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- First American Title Insurance
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $306,350 Construction
Source: Public Records

Source: New Mexico MLS

MLS Number: 20256129

New Mexico MLS

APN: 4000020320001