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Single Family ResidenceResidential
$197,909$211 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

1507 E ROSE LN

HOBBS, NM 88240
0
Baths
936 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.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$198K
$189K low$207K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,345 (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.$49,195 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,567
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$43,628
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$34,402
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$147,585

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.39
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
78
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.
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
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

M
Highland Middle SchoolC
Middle · Grades 6–8 · 0.4 mi
E
Taylor Elementary SchoolC
Elementary · Grades PK–5 · 0.5 mi
H
Hobbs High SchoolA-
High · Grades 10–12 · 1.0 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%

Owner Tools

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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

1507 E Rose Ln 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.

  • Among the highest price per square foot in Hobbs 88240
  • Smaller than 81% of homes in Lea County
  • Older than 81% of homes in Lea County

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
$61K$457K

This home is worth more than 64% 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$197,909
CheaperTypical $159,364Pricier

Pricier than 64% of homes nearby

Price per ft²$211
CheaperTypical $120Pricier

Pricier than almost all homes nearby

Living area936 ft²
SmallerTypical 1,273 ft²Bigger

Bigger than 21% of homes nearby

Year built1955
OlderTypical 1981Newer

Newer than 20% of homes nearby

How 1507 E Rose Ln ranks against every home in each area.
MeasureThis homeHobbs 88240Lea County
Estimated valuepricier than$197,90964% of homes59% of homes
Price per ft²pricier than$211almost all homes98% of homes
Living areabigger than936 ft²21% of homes19% of homes
Year builtnewer than195520% of homes19% of homes

About 1507 E Rose Ln

How much is 1507 E Rose Ln, Hobbs, NM worth?

The TopHap Estimate for 1507 E Rose Ln, Hobbs, NM is $197,909 as of Aug 30, 2026. The likely range is $189,296 to $206,522. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1507 E Rose Ln, Hobbs, NM last sell?

1507 E Rose Ln, Hobbs, NM last sold on May 31, 2023, according to the county's recorded deed.

When was 1507 E Rose Ln, Hobbs, NM built?

1507 E Rose Ln, Hobbs, NM was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 1507 E Rose Ln, Hobbs, NM?

1507 E Rose Ln, Hobbs, NM is assigned to Highland Middle School (middle), rated C; Taylor Elementary School (elementary), rated C; Hobbs High School (high), rated A-. All sit in Hobbs Municipal Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1507 E Rose Ln, Hobbs, NM compare to other homes in Hobbs 88240?

Among the 16,401 homes in Hobbs 88240, it is worth more than 64% of them ($197,909 against a typical $159,364), its price per square foot is higher than almost all of them ($211 against a typical $120), it is bigger than 21% of them (936 ft² against a typical 1,273 ft²) and it is newer than 20% of them (1955 against a typical 1981). Measured against all of Lea County, it is worth more than 59% 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 1507 E Rose Ln, Hobbs, NM?

The 2024 property tax bill for 1507 E Rose Ln, Hobbs, NM was $1,345. The county assessed it at $49,195.

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