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905 W Van Buren Ave #2-8210, Lovington, NM, 88260

2beds
1baths
740sqft
$160,000
$216price/sqft
$1,213/moest. monthly cost
$48,520/yrincome needed

About This Home

tow detached homes on one lot, each offering 2 bedroom and 1 bathroom. the main home is approximately 740 square feet and the detached second home is approximately 688 square feet. units are currently tenant occupied, providing potential rental income, property is being sold as is

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

4/10
Yarbro Elementary SchoolGrades 4-50.3 mi
7/10
Sixth Grade AcademyGrades 60.3 mi
7/10
Lovington High SchoolGrades 10-121.3 mi

Construction

Condition

  • Year built: 1953

Materials

  • Construction materials: Unknown

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Other
  • Flooring: Concrete
  • Finished area above ground: 740

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 740
  • Total interior livable area: 740 sqft

Property

Details

  • Parcel number: 4 000 219 920 001

Features

  • Exterior features: Other
  • Fencing: Other
  • Topography of land: Other

Lot

  • Lot size: 7,405 sqft

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
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hail
Inland Flooding
Strong Wind
Wildfire
Winter Weather
Heat Wave
Tornado

FEMA Declared Disasters in Lea County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

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

MonthlyAnnual
Mortgage $809$9,708
Home Insurance *$187$2,244
Property Taxes $69$828
Electricity $148$1,780
Total$1,213$14,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,588/yr
40% on housing$36,390/yr
45% on housing$32,346/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

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.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.5%
3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$216This listing

vs Other Active Listings

Avg $/sqft

ZIP 88260$114
Lea County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 88260$159
Lea County$152

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

DateEventPrice
2026-07-29Listed for sale$160,000

For Sale by Agent

AgentNathan Sanchez
BrokerageUnited Realty, LLC - Hobbs

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