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Single Family ResidenceResidential
$517,667
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 Sep 24, 2026
Last sold for $371,300 on Jan 15, 2021

2 REGENCY SQ

HOBBS, NM 88242
0
Baths
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$518K
$496K low$540K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$371,300 · Jan 15, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,009 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$111,504 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,567
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$98,937
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$334,512

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.41
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
90
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.
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
Lot (acres)The size of the land the home sits on, from county records.0.30
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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.

E
College Lane Elementary SchoolB
Elementary · Grades KG–5 · 1.1 mi
H
Hobbs High SchoolC-
High · Grades 10–12 · 3.6 mi
M
Houston Middle SchoolB
Middle · Grades 6–8 · 3.8 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

2 Regency Sq 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 most valuable homes in Lea County
  • Has a smaller lot than 87% 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
$118K$649K

This home is worth more than 94% 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$517,667
CheaperTypical $268,052Pricier

Pricier than 94% of homes nearby

Lot size0.31 ac
SmallerTypical 1.27 acBigger

Bigger than 13% of homes nearby

How 2 Regency Sq ranks against every home in each area.
MeasureThis homeHobbs 88242Lea County
Estimated valuepricier than$517,66794% of homesalmost all homes
Lot sizebigger than0.31 ac13% of homes42% of homes

About 2 Regency Sq

How much is 2 Regency Sq, Hobbs, NM worth?

The TopHap Estimate for 2 Regency Sq, Hobbs, NM is $517,667 as of Sep 24, 2026. The likely range is $495,758 to $539,576. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2 Regency Sq, Hobbs, NM last sell?

2 Regency Sq, Hobbs, NM last sold on Jan 15, 2021 for $371,300, according to the county's recorded deed.

What schools serve 2 Regency Sq, Hobbs, NM?

2 Regency Sq, Hobbs, NM is assigned to College Lane Elementary School (elementary), rated B; Hobbs High School (high), rated C-; Houston Middle School (middle), rated B. All sit in Hobbs Municipal Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2 Regency Sq, Hobbs, NM compare to other homes in Hobbs 88242?

Among the 4,009 homes in Hobbs 88242, it is worth more than 94% of them ($517,667 against a typical $268,052) and its lot is bigger than 13% of them (0.31 ac against a typical 1.27 ac). Measured against all of Lea County, it is worth more than almost all 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 2 Regency Sq, Hobbs, NM?

The 2025 property tax bill for 2 Regency Sq, Hobbs, NM was $3,009. The county assessed it at $111,504.

More homes on Regency Sq

Closest homes

More homes in Hobbs 88242

Assigned schools

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