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Single Family ResidenceResidential
$125,597$78 / 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 88How 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

511 W TEXAS ST

HOBBS, NM 88240
0
Baths
1,612 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.
0.33 ac
Lot SizeThe size of the land the home sits on, from county records.
1899
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$126K
$111K low$140K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$390 (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.$16,266 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$842
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$15,424
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$15,792
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$48,798

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.40
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
83
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
Lot (acres)The size of the land the home sits on, from county records.0.33
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
Southern Heights Elementary SchoolC+
Elementary · Grades PK–5 · 0.4 mi
M
Heizer Middle SchoolD
Middle · Grades 6–8 · 0.6 mi
H
Hobbs High SchoolA-
High · Grades 10–12 · 1.8 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

511 W Texas 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 75% of homes in Lea County
  • Costs less per square foot than 93% of homes in Lea County
  • Bigger than 71% of homes in Hobbs 88240
  • Among the oldest 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$457K

This home is worth more than 32% 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$125,597
CheaperTypical $161,519Pricier

Pricier than 32% of homes nearby

Price per ft²$78
CheaperTypical $120Pricier

Pricier than 11% of homes nearby

Living area1,612 ft²
SmallerTypical 1,269 ft²Bigger

Bigger than 71% of homes nearby

Lot size0.33 ac
SmallerTypical 0.24 acBigger

Bigger than 59% of homes nearby

Year built1899
OlderTypical 1981Newer

Older than almost all homes nearby

How 511 W Texas St ranks against every home in each area.
MeasureThis homeHobbs 88240Lea County
Estimated valuepricier than$125,59732% of homes25% of homes
Price per ft²pricier than$7811% of homes7% of homes
Living areabigger than1,612 ft²71% of homes70% of homes
Lot sizebigger than0.33 ac59% of homes44% of homes
Year builtnewer than1899almost no homes2% of homes

About 511 W Texas St

How much is 511 W Texas St, Hobbs, NM worth?

The TopHap Estimate for 511 W Texas St, Hobbs, NM is $125,597 as of Aug 30, 2026. The likely range is $110,821 to $140,373. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 511 W Texas St, Hobbs, NM?

511 W Texas St, Hobbs, NM has 1,612 square feet of living space and a 0.33-acre lot.

When was 511 W Texas St, Hobbs, NM built?

511 W Texas St, Hobbs, NM was built in 1899, making it 127 years old. The building has 1 story.

What schools serve 511 W Texas St, Hobbs, NM?

511 W Texas St, Hobbs, NM is assigned to Southern Heights Elementary School (elementary), rated C+; Heizer Middle School (middle), rated D; 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 511 W Texas St, Hobbs, NM compare to other homes in Hobbs 88240?

Among the 16,402 homes in Hobbs 88240, it is worth more than 32% of them ($125,597 against a typical $161,519), its price per square foot is higher than 11% of them ($78 against a typical $120), it is bigger than 71% of them (1,612 ft² against a typical 1,269 ft²), its lot is bigger than 59% of them (0.33 ac against a typical 0.24 ac) and it is newer than almost none of them (1899 against a typical 1981). Measured against all of Lea County, it is worth more than 25% 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 511 W Texas St, Hobbs, NM?

The 2024 property tax bill for 511 W Texas St, Hobbs, NM was $390. The county assessed it at $16,266.

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