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Single Family ResidenceResidential
$107,283$129 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1007 S GIBBS ST

HOBBS, NM 88240
0
Baths
832 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.6 ac
Lot SizeThe size of the land the home sits on, from county records.
1989
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$107K
$99K low$115K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$166 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$8,057 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$682
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$7,375
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$7,822
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$24,171

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.48
40
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
88
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
81
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
15
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
20
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLea
Lot (acres)The size of the land the home sits on, from county records.0.60
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Heizer Middle SchoolD
Middle · Grades 6–8 · 2.1 mi
E
Sanger Elementary SchoolB
Elementary · Grades KG–5 · 2.9 mi
H
Hobbs High SchoolC-
High · Grades 10–12 · 3.2 mi

District: Hobbs Municipal Schools

Neighborhood · ZIP 88240These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.105
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.47

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.44,287
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.49 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,980
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$81,239
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1007 S Gibbs St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Lea County
  • Smaller than 87% of homes in Hobbs 88240
  • Has a bigger lot than 67% of homes in Hobbs 88240
  • Newer than 70% of homes in Hobbs 88240

What homes are worth in Hobbs 88240

Each bar is how many homes fall in that price range. The marker is this home.

This home
$62K$460K

This home is worth more than 20% of homes in Hobbs 88240.

How it measures up in Hobbs 88240

The dot is this home. The mark in the middle is the typical home in Hobbs 88240.

Estimated value$107,283
CheaperTypical $163,648Pricier

Pricier than 20% of homes nearby

Price per ft²$129
CheaperTypical $120Pricier

Pricier than 60% of homes nearby

Living area832 ft²
SmallerTypical 1,271 ft²Bigger

Bigger than 13% of homes nearby

Lot size0.6 ac
SmallerTypical 0.24 acBigger

Bigger than 67% of homes nearby

Year built1989
OlderTypical 1982Newer

Newer than 70% of homes nearby

How 1007 S Gibbs St ranks against every home in each area.
MeasureThis homeHobbs 88240Lea County
Estimated valuepricier than$107,28320% of homes15% of homes
Price per ft²pricier than$12960% of homes52% of homes
Living areabigger than832 ft²13% of homes13% of homes
Lot sizebigger than0.6 ac67% of homes51% of homes
Year builtnewer than198970% of homes68% of homes

About 1007 S Gibbs St

How much is 1007 S Gibbs St, Hobbs, NM worth?

The TopHap Estimate for 1007 S Gibbs St, Hobbs, NM is $107,283 as of Sep 24, 2026. The likely range is $99,071 to $115,495. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1007 S Gibbs St, Hobbs, NM last sell?

1007 S Gibbs St, Hobbs, NM last sold on Sep 23, 2021, according to the county's recorded deed.

How big is 1007 S Gibbs St, Hobbs, NM?

1007 S Gibbs St, Hobbs, NM has 832 square feet of living space and a 0.60-acre lot.

When was 1007 S Gibbs St, Hobbs, NM built?

1007 S Gibbs St, Hobbs, NM was built in 1989, making it 37 years old. The building has 1 story.

What schools serve 1007 S Gibbs St, Hobbs, NM?

1007 S Gibbs St, Hobbs, NM is assigned to Heizer Middle School (middle), rated D; Sanger Elementary School (elementary), rated B; Hobbs High School (high), rated C-. All sit in Hobbs Municipal Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1007 S Gibbs St, Hobbs, NM compare to other homes in Hobbs 88240?

Among the 16,384 homes in Hobbs 88240, it is worth more than 20% of them ($107,283 against a typical $163,648), its price per square foot is higher than 60% of them ($129 against a typical $120), it is bigger than 13% of them (832 ft² against a typical 1,271 ft²), its lot is bigger than 67% of them (0.6 ac against a typical 0.24 ac) and it is newer than 70% of them (1989 against a typical 1982). Measured against all of Lea County, it is worth more than 15% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1007 S Gibbs St, Hobbs, NM?

The 2024 property tax bill for 1007 S Gibbs St, Hobbs, NM was $166. The county assessed it at $8,057.

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