3905 N Fowler St, Hobbs, NM, 88240
About This Home
GREAT INVESTMENT OPPORTUNITY WITH THIS MULTIFAMILY PROPERTY ON 2.5 ACRES OF LAND. Featuring two homes 3905 and 3905 1/2 Fowler recently updated. 3905 Fowler home is 3 bedrooms/2bathrooms, refrigerator/stove, dishwasher, washer/dryer 1198 sq ft. 3905 1/2 Fowler home located behind the main home also been updated, 2 bedrooms, 1 bath also includes, refrigerator/stove, washer/dryer with split unit to heat/cool. 768 sq feet. Fruit trees, chicken coop, multiple storage buildings and an older metal building/shop w/crane. Both homes previously treated for termites.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1975
Materials
- Roof: Pitched
Notable Dates
- Major remodel year: 1975
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Features
- Flooring: Carpet,Laminate
Interior Area
- Total structure area: 1,198
- Total interior livable area: 1,198 sqft
Property
Details
- Parcel number: 400041919001
Features
- Exterior features: Storage Shed
- Residential vegetation: Native/Natural
Lot
- Lot size: 2.50 Acres
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
- Inland Flooding
- Lightning
- Winter Weather
- Cold Wave
- Hail
- Strong Wind
- Heat Wave
- Ice Storm
- Tornado
- 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 | $2,073 | $24,876 |
| Home Insurance * | $420 | $5,040 |
| Property Taxes | $177 | $2,124 |
| Electricity | $148 | $1,780 |
| Total | $2,818 | $33,816 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-02 | Listed for sale | $410,000 |
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