403 S 3rd St Lovington, NM 88260
Estimated payment $1,076/month
Highlights
- RV Hookup
- No HOA
- Refrigerated Cooling System
- Wood Flooring
- Separate Outdoor Workshop
- Forced Air Heating and Cooling System
About This Home
If you are looking for an investment property with income potential, take a look at this 4-bedroom 1 bath home centrally located in the city of Lovington. The home features 4 bedrooms, 2 downstairs and 2 upstairs. The home has a large living room, kitchen with dining area and 1 bath. Extras are 2, 1-bedroom apartments with kitchens and baths each. The apartments are part of the original home. Outside you would find a large workshop and an older mobile home, that needs remodeling or replacing and an extra mobile home lot with hookups. This property has income potential. the property is being offered for sale in it's current AS IS condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,779
Year Built
- Built in 1950
Lot Details
- 21,000 Sq Ft Lot
- Lot Dimensions are 150 x 140
- Fenced
Home Design
- Pitched Roof
- Shingle Roof
Interior Spaces
- 1,986 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Free-Standing Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- No Garage
- RV Hookup
Outdoor Features
- Separate Outdoor Workshop
Schools
- Lovington Public Schools Elementary School
- Taylor Middle School
- Lovington High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- South Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 22440
Map
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 |
|---|---|---|---|---|
| 2025 | $538 | $19,651 | $2,701 | $16,950 |
| 2024 | $587 | $19,078 | $2,622 | $16,456 |
| 2023 | $578 | $18,523 | $2,546 | $15,977 |
| 2022 | $561 | $18,523 | $2,546 | $15,977 |
| 2021 | $542 | $17,460 | $2,400 | $15,060 |
| 2020 | $530 | $16,951 | $2,330 | $14,621 |
| 2019 | $516 | $16,457 | $2,262 | $14,195 |
| 2018 | $497 | $15,978 | $2,196 | $13,782 |
| 2017 | $479 | $46,539 | $6,396 | $40,143 |
| 2016 | $461 | $45,183 | $6,210 | $38,973 |
| 2015 | $451 | $43,869 | $6,030 | $37,839 |
| 2014 | -- | $42,591 | $5,853 | $36,738 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $175,000 | -- | $88 / Sq Ft |
Source: New Mexico MLS
MLS Number: 20262590
APN: 4000224400001
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Ask me questions while you tour the home.