Hobbs Homes under $200,000

Hobbs Homes under $200,000

Welcome to Hobbs, New Mexico—a vibrant city that perfectly blends the charm of small-town living with the conveniences of modern life. Nestled in Lea County, Hobbs is known for its rich history, thriving economy, and welcoming community. With a population that embraces diversity and a spirit of camaraderie, this city is an ideal place for families, young professionals, and retirees alike.

Hobbs boasts a variety of recreational opportunities, including beautiful parks, sports facilities, and cultural attractions. The city is home to the Hobbs Municipal Airport, making it easily accessible for travelers and business ventures. For those who enjoy the outdoors, the nearby Bottomless Lakes State Park offers stunning landscapes and a variety of activities, from fishing to hiking.

One of the most appealing aspects of Hobbs is the affordability of its housing market. For homebuyers looking for properties under $200,000, Hobbs presents a fantastic opportunity. With a range of charming single-family homes, townhouses, and cozy bungalows, you can find a place that fits your lifestyle and budget. These homes often feature spacious yards, modern amenities, and are located in friendly neighborhoods, making them perfect for families or those seeking a peaceful retreat.

Whether you’re a first-time homebuyer or looking to invest in a rental property, Hobbs offers a unique blend of affordability and community spirit. Come explore the possibilities in this delightful New Mexico city, where your dream home awaits!

Newest Hobbs Homes under $200,000

124 W Castle, Hobbs
$174,000
3 Beds ⋅ 1 Baths ⋅ 26001441 MLS
Loved by the same family for more than 60 years, this 3-bedroom, 1-bath home is ready to welcome its next owner. Inside, you'll find nicely sized bedrooms, a bathroom with updates completed in recent years, and additional living space at the back of the home that offers plenty of flexibility, perfect for a second living area, game room, home office, or hobby space. Outside, the fenced yard is shaded by beautiful, mature trees and offers plenty of room to enjoy. A covered carport and detached garage with workshop space provide convenient parking, storage, and room for projects. This well-loved home is ready for its next chapter.

124 W Castle, Hobbs
1703 E Penasco E, Hobbs
$59,900
3 Beds ⋅ 2 Baths ⋅ 26001434 MLS
CALLING ALL INVESTORS THIS HOME IS ON A CORNER LOT FEATURING 3 BED, 2 BATHS. TURN THIS UGLY DUCKLIN INTO A BEAUTIFUL SWAN! PLEASE CALL US TO SCHEDULE A HOME TOUR.

1703 E Penasco E, Hobbs
1123 Walker E, Hobbs
$175,000
3 Beds ⋅ 2 Baths ⋅ 26001416 MLS
Great starter house or investment property priced below 200,000 Large back yard. Big den with fireplace . Lots of fresh paint inside and out. Lets make this one yours today!!

1123 Walker E, Hobbs
433 S Willow St S, Hobbs
$75,000
3 Beds ⋅ 2 Baths ⋅ 26001190 MLS
Great opportunity for an investor, contractor, or buyer looking for a project! Situated on an oversized corner lot, this property also features an attached efficiency apartment, offering additional space and potential for rental income, guests, or a separate living arrangement. The property is ready for someone with the vision and skills to bring it back to life and make it their own. Property is being sold AS-IS and is offered CASH BUYERS ONLY. Seller will make no repairs or warranties regarding the condition of the property. Bring your ideas and take advantage of the possibilities this property has to offer!

433 S Willow St S, Hobbs
1107 N Coleman, Hobbs
$188,000
3 Beds ⋅ 2 Baths ⋅ 26001175 MLS
Beautifully remodeled 3-bedroom, 2-bathroom home offering a fresh, updated look with plenty of charm. This inviting home features a comfortable layout and modern updates, making it a wonderful place to call home.

1107 N Coleman, Hobbs
5922 N San Joaquin, Hobbs
$199,900
2 Beds ⋅ 2 Baths ⋅ 26001166 MLS
Well-maintained home featuring vaulted ceilings, a fireplace, an open living area, spacious bedrooms, and a covered back patio with a fenced yard. A great option for a future homeowner or investor. Currently leased for $1,600/month through March 2027.

5922 N San Joaquin, Hobbs
1206 W Clinton W, Hobbs
$180,000
4 Beds ⋅ 2 Baths ⋅ 26001104 MLS
Great opportunity for first-time homebuyers or investors! This 4-bedroom, 2-bath home offers plenty of space and a large backyard, making it a great option for families or those looking for a solid investment property. With a little personal touch, this home has the potential to shine. Don't miss the opportunity to make this property your own or add it to your investment portfolio!

1206 W Clinton W, Hobbs
620 E White St, Hobbs
$160,000
3 Beds ⋅ 2 Baths ⋅ 26001089 MLS
Cozy 3 bedroom, 2 bath single-wide manufactured home featuring a spacious fenced backyard with a wooden privacy fence. Conveniently located close to local stores and everyday amenities. This home offers a comfortable layout and a great opportunity for the right buyer.

620 E White St, Hobbs
708 Sunset Dr, Hobbs
$170,000
2 Beds ⋅ 1 Baths ⋅ 26000798 MLS
Welcome to this charming 2 bed, 1 bath home. Wether your a first time buyer, downsizing, or looking for an investment, this home is a great opportunity. Schedule your showing today!

708 Sunset Dr, Hobbs
1527 N Breckon Dr, Hobbs
$180,000
3 Beds ⋅ 2 Baths ⋅ 26000273 MLS
Owner financing only one this amazing 3-bedroom 1.5 bath home, located in Hobbs, NM right in front of Taylor elementary school. Garage was recently converted to living space for anyone who is looking to get a great sized home at 1,600 sqft! Great opportunity for anyone who cannot get traditional financing. Square footage figures are provided as a courtesy estimate only and were obtained from Owner. Buyer is advised to obtain an independent measurement.

1527 N Breckon Dr, Hobbs
1615 E Skelly St, Hobbs
$115,000
2 Beds ⋅ 2 Baths ⋅ 26000237 MLS

1615 E Skelly St, Hobbs
203 Temple Ave E, Hobbs
$129,500
3 Beds ⋅ 1 Baths ⋅ 26000059 MLS
Perfect stater home or your next income property. Built to stand the test of time. Cinder-block construction with newer metal roof and solid floor. Setting on large lot with great setback and massive back yard. Tile floors throughout common areas. Vinyl stick down in bedrooms. Garage has been converted to large third bedroom or den with laundry room at the rear. Jump on it before it's gone!!!

203 Temple Ave E, Hobbs
Start Your Search