203 E Temple Ave, Hobbs, NM, 88240
About This Home
Perfect stater home or your next income property. Built to stand the test of time. Cinder-block construction with newer metal roof and solid floor. Setting on large lot with great setback and massive back yard. Tile floors throughout common areas. Vinyl stick down in bedrooms. Garage has been converted to large third bedroom or den with laundry room at the rear. Jump on it before it's gone!!!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Metal,Pitched
- Construction materials: Block - Cinder
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s)
- Flooring: Tile,Vinyl,Floor - Slab
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,144
- Total interior livable area: 1,144 sqft
Property
Details
- Parcel number: 4000041310001
Features
- Exterior features: Sidewalk,Curb & Gutter
- Fencing: Back Yard,Front Yard
- Topography of land: Back Yard, Front Yard
Lot
- Lot size: 7,840 sqft
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Hail
- Strong Wind
- Winter Weather
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Lea County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $728 | $8,736 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $62 | $744 |
| Electricity | $148 | $1,780 |
| Total | $1,085 | $13,020 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-06 | Listed for sale | $144,000 |
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