Skip to main content
|

101 Spears Drive, Hobbs, NM 88240

Show All 24 Photos
For Sale

$215,000

3 beds2 baths2 half baths2,224 sqft

Estimated Payment

$ 1,253 /mo.

6.65% APR for 30 yrs.
$1,781 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $96.67
    Price per square foot

Explore this Property

CASH ONLY Property is being sold as is. Welcome to 101 W Spears, a unique property nestled in the heart of Hobbs, New Mexico. This is an unparalleled opportunity for visionary investors or ambitious homeowners eager to craft their dream home from the ground up. Situated in a well-established neighborhood, this property boasts incredible potential, waiting for a complete renovation to bring it back to life. Property Overview: Location: 101 W Spears, Hobbs, NM Structure: Single-family home Condition: Requires total renovation Lot Size: Generously sized lot offering ample space for expansion or landscaping The Potential: While the property currently requires a full-scale renovation, the possibilities are endless. With the right vision and resources, this could become a standout residence in the community. Whether youre looking to create a cozy family home or seeking a profitable investment, this property provides a blank canvas to let your creativity shine.
MLS# 20244843

Courtesy Of United Realty, LLC

(575) 392-3000

Property Features

  • Architecture Style
    Other
  • Roof Type
    Metal

Map and Directions

Directions to 101 Spears Drive, Hobbs, NM 88240
Loading...

Home seller CENTURY 21 Dunagan Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dunagan Associates

(575) 234-1516
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $1,104
  • Property Taxes
    $148
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,253

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Booker T. Washington Elementary School

Grades PK-5 Public School


Hobbs, NM 88240 3.1 miles
1200 e humble st

131 total students
12:1 Student teacher ratio

Mills Elementary School

Grades KG-5 Public School


Hobbs, NM 88240 0.3 miles
200 w copper ave

388 total students
17:1 Student teacher ratio

Highland Middle School

Grades 6-8 Public School


Hobbs, NM 88240 1 miles
2500 n jefferson st

872 total students
19:1 Student teacher ratio

Hobbs High School

Grades 9-12 Public School


Hobbs, NM 88240 2.1 miles
800 n jefferson st

2004 total students
20:1 Student teacher ratio

Hobbs Freshman High School

Grades 9-10 Public School


Hobbs, NM 88240 2.1 miles
1401 e sanger st

744 total students
20:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
St Helena School Of Hobbs, Inc. 0.7 miles Private PK-5
Stone Elementary School 0.8 miles Public KG-5 B
Sanger Elementary School 1 miles Public KG-5 B+
Coronado Elementary School 1.1 miles Public KG-5 A-
Broadmoor Elementary School 1.5 miles Public KG-5 A-
Taylor Elementary School 1.9 miles Public KG-5 C
Will Rogers Elementary School 2.1 miles Public PK-5 B
Murray Elementary School 2.3 miles Public PK-5 C-
Jefferson Elementary School 2.4 miles Public PK-5 C+
Houston Middle School 2.4 miles Public 6-9 B-
College Lane Elementary School 2.6 miles Public KG-5 B
Edison Elementary School 2.9 miles Public PK-5 B
Southern Heights Elementary School 3.4 miles Public PK-5 C+
Heizer Middle School 3.9 miles Public 6-8 C

St Helena School Of Hobbs, Inc.

Distance: 0.7 miles

Type Private

Grades: PK-5

Stone Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-5

B

Sanger Elementary School

Distance: 1 miles

Type Public

Grades: KG-5

B+

Coronado Elementary School

Distance: 1.1 miles

Type Public

Grades: KG-5

A-

Broadmoor Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-5

A-

Taylor Elementary School

Distance: 1.9 miles

Type Public

Grades: KG-5

C

Will Rogers Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

B

Murray Elementary School

Distance: 2.3 miles

Type Public

Grades: PK-5

C-

Jefferson Elementary School

Distance: 2.4 miles

Type Public

Grades: PK-5

C+

Houston Middle School

Distance: 2.4 miles

Type Public

Grades: 6-9

B-

College Lane Elementary School

Distance: 2.6 miles

Type Public

Grades: KG-5

B

Edison Elementary School

Distance: 2.9 miles

Type Public

Grades: PK-5

B

Southern Heights Elementary School

Distance: 3.4 miles

Type Public

Grades: PK-5

C+

Heizer Middle School

Distance: 3.9 miles

Type Public

Grades: 6-8

C

Local area information for Hobbs, NM 88240

Tour the area

Schedule a
tour with a
personal guide

Hobbs, NM 88240

This community’s employment is highest in the construction and administrative support industries. The area’s overall household expenses are below the national average.

94° July
Hottest Average Month

26° January
Coldest Average Month
15,243 Total Households in Area
43.2%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Hobbs, NM 88240

Hobbs, NM 88240 has a population of 42,742 people in 15,243 households with a median age of 32.9 years old.

Down -3.3%
Decrease in population
since the year 2010

Population is Trending down
14,893
Total households as of 2010
Up
4.8%

Community Population By Age

Community Population By Ethnicity

Hispanic 63%
White 41%
Other 28%
Black 5%
Native American 1%
Asian 1%

Economics
for Hobbs, NM 88240

48 /sq mi
Population Density
$64,044 /yr
Median Household Income
$179,080
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 96%
  • Work from Home 2%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 9,658 57%
Rented 5,585 33%
Vacant 1,620 10%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Family & Education Facts
for Hobbs, NM 88240

32.9 Median Age

Average Household Size

2.7
persons per
household

47.1%

Married Households

Community Population By Education

High School Graduate 32%
Some College 21%
Some High School 21%
Graduate Degree 9%
Bachelors Degree 8%
Associates Degree 8%

Household Family Expenses vs National Average

43.2% of households have children

Weather
for Hobbs, NM 88240

The weather for this area ranges from a high of 94° F in July to a low of 26° F in January

94° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
56°
Feb
30°
62°
Mar
35°
69°
Apr
44°
78°
May
53°
85°
Jun
62°
93°
Jul
65°
94°
Aug
64°
92°
Sep
57°
86°
Oct
46°
77°
Nov
34°
65°
Dec
27°
58°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Tour the area

Schedule a
tour with a
personal guide

There's more to learn about Hobbs, NM 88240!
Explore more local area information

Loading