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Rural ResidenceResidential
$298,088$298,088 / 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 80How 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

1508 E ROSE LN # RD-C75

HOBBS, NM 88240
0
Baths
1 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.
361.32 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$298K
$237K low$359K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$879 (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.$30,348 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$20,348
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$10,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$30,348
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$91,044

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.47
28
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
91
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.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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.undetermined

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyLea
Lot (acres)The size of the land the home sits on, from county records.361.32
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 · 3.6 mi
H
Hobbs High SchoolA-
High · Grades 10–12 · 4.8 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

1508 E Rose Ln # Rd-C75 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 85% of homes in Hobbs 88240
  • Among the smallest homes in Hobbs 88240
  • Among the largest lots 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 85% 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$298,088
CheaperTypical $164,413Pricier

Pricier than 85% of homes nearby

Living area1 ft²
SmallerTypical 1,267 ft²Bigger

Smaller than almost all homes nearby

Lot size361.32 ac
SmallerTypical 0.24 acBigger

Bigger than almost all homes nearby

Year built1985
OlderTypical 1982Newer

Newer than 59% of homes nearby

How 1508 E Rose Ln # Rd-C75 ranks against every home in each area.
MeasureThis homeHobbs 88240Lea County
Estimated valuepricier than$298,08885% of homes84% of homes
Living areabigger than1 ft²almost no homesalmost no homes
Lot sizebigger than361.32 acalmost all homes98% of homes
Year builtnewer than198559% of homes56% of homes

About 1508 E Rose Ln # Rd-C75

How much is 1508 E Rose Ln # Rd-C75, Hobbs, NM worth?

The TopHap Estimate for 1508 E Rose Ln # Rd-C75, Hobbs, NM is $298,088 as of Sep 24, 2026. The likely range is $237,425 to $358,751. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1508 E Rose Ln # Rd-C75, Hobbs, NM last sell?

1508 E Rose Ln # Rd-C75, Hobbs, NM last sold on Oct 24, 2001, according to the county's recorded deed.

How big is 1508 E Rose Ln # Rd-C75, Hobbs, NM?

1508 E Rose Ln # Rd-C75, Hobbs, NM has 1 square feet of living space and a 361.32-acre lot.

When was 1508 E Rose Ln # Rd-C75, Hobbs, NM built?

1508 E Rose Ln # Rd-C75, Hobbs, NM was built in 1985, making it 41 years old. The building has 1 story.

What schools serve 1508 E Rose Ln # Rd-C75, Hobbs, NM?

1508 E Rose Ln # Rd-C75, Hobbs, NM is assigned to Coronado Elementary School (elementary), rated B; Highland Middle School (middle), 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 1508 E Rose Ln # Rd-C75, Hobbs, NM compare to other homes in Hobbs 88240?

Among the 16,385 homes in Hobbs 88240, it is worth more than 85% of them ($298,088 against a typical $164,413), it is bigger than almost none of them (1 ft² against a typical 1,267 ft²), its lot is bigger than almost all of them (361.32 ac against a typical 0.24 ac) and it is newer than 59% of them (1985 against a typical 1982). Measured against all of Lea County, it is worth more than 84% 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 1508 E Rose Ln # Rd-C75, Hobbs, NM?

The 2024 property tax bill for 1508 E Rose Ln # Rd-C75, Hobbs, NM was $879. The county assessed it at $30,348.

More homes on E Rose Ln # Rd-C75

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Assigned schools

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