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Single Family ResidenceResidential
$233,274$134 / 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 89How 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

1028 E RANCHO RD

HOBBS, NM 88242
0
Baths
1,737 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.
8.47 ac
Lot SizeThe size of the land the home sits on, from county records.
1965
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$233K
$208K low$258K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$496 (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.$23,169 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,785
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,384
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,494
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$69,507

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.57
76
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
93
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
80
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
16
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.22 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.8.47
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.

E
Coronado Elementary SchoolB+
Elementary · Grades KG–5 · 3.4 mi
M
Highland Middle SchoolC
Middle · Grades 6–8 · 3.5 mi
H
Hobbs High SchoolC-
High · Grades 10–12 · 4.8 mi

District: Hobbs Municipal Schools

Neighborhood · ZIP 88242These 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.95
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.3%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
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.7,132
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.108 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$82,878
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$104,821
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.17 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

1028 E Rancho Rd 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 more than 69% of homes in Lea County
  • Costs less per square foot than 69% of homes in Hobbs 88242
  • Bigger than 75% of homes in Lea County
  • Has a bigger lot than 89% of homes in Hobbs 88242
  • Older than 92% of homes in Hobbs 88242

What homes are worth in Hobbs 88242

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

This home
$119K$633K

This home is worth more than 36% of homes in Hobbs 88242.

How it measures up in Hobbs 88242

The dot is this home. The mark in the middle is the typical home in Hobbs 88242.

Estimated value$233,274
CheaperTypical $268,067Pricier

Pricier than 36% of homes nearby

Price per ft²$134
CheaperTypical $150Pricier

Pricier than 31% of homes nearby

Living area1,737 ft²
SmallerTypical 1,621 ft²Bigger

Bigger than 57% of homes nearby

Lot size8.47 ac
SmallerTypical 1.27 acBigger

Bigger than 89% of homes nearby

Year built1965
OlderTypical 1986Newer

Newer than 8% of homes nearby

How 1028 E Rancho Rd ranks against every home in each area.
MeasureThis homeHobbs 88242Lea County
Estimated valuepricier than$233,27436% of homes69% of homes
Price per ft²pricier than$13431% of homes59% of homes
Living areabigger than1,737 ft²57% of homes75% of homes
Lot sizebigger than8.47 ac89% of homes85% of homes
Year builtnewer than19658% of homes30% of homes

About 1028 E Rancho Rd

How much is 1028 E Rancho Rd, Hobbs, NM worth?

The TopHap Estimate for 1028 E Rancho Rd, Hobbs, NM is $233,274 as of Sep 24, 2026. The likely range is $208,118 to $258,430. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1028 E Rancho Rd, Hobbs, NM last sell?

1028 E Rancho Rd, Hobbs, NM last sold on Sep 26, 2002, according to the county's recorded deed.

How big is 1028 E Rancho Rd, Hobbs, NM?

1028 E Rancho Rd, Hobbs, NM has 1,737 square feet of living space and a 8.47-acre lot.

When was 1028 E Rancho Rd, Hobbs, NM built?

1028 E Rancho Rd, Hobbs, NM was built in 1965, making it 61 years old. The building has 1 story.

What schools serve 1028 E Rancho Rd, Hobbs, NM?

1028 E Rancho Rd, Hobbs, NM is assigned to Coronado Elementary School (elementary), rated B+; Highland Middle School (middle), rated C; 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 1028 E Rancho Rd, Hobbs, NM compare to other homes in Hobbs 88242?

Among the 4,009 homes in Hobbs 88242, it is worth more than 36% of them ($233,274 against a typical $268,067), its price per square foot is higher than 31% of them ($134 against a typical $150), it is bigger than 57% of them (1,737 ft² against a typical 1,621 ft²), its lot is bigger than 89% of them (8.47 ac against a typical 1.27 ac) and it is newer than 8% of them (1965 against a typical 1986). Measured against all of Lea County, it is worth more than 69% 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 1028 E Rancho Rd, Hobbs, NM?

The 2024 property tax bill for 1028 E Rancho Rd, Hobbs, NM was $496. The county assessed it at $23,169.

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