1327 S Perry Street
Hobbs, NM 88240
2
Bed
1
Bath
1,208Sqft
Investor special with multiple income streams and strong upside potential! This property sits on a large lot and includes a primary single-family residence plus a mobil home, making it ideal for rental income, multi-tenant use, or a live-in investment strategy. The main home is in rentable condition with updated flooring, neutral paint, and functional layout—minimizing upfront rehab costs. Additional units/structures provide immediate or future income opportunities, with room to increase rents and improve overall returns. The expansive lot allows for easy access, ample parking, and potential for further improvements or reconfiguration to maximize cash flow.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1 -
Flooring Information
Laminate, Wood -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1955 Building Area Total: 1208 Construction Materials: Stucco Private Pool: No
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Lot Information
Lot Description: Irregular Lot
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Listing Price Information
Listing Price: $220000 Cash, Conventional
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Tax Information
Parcel Number: 4000791040001 Tax Year: 2025 Annual Tax: $1979.19 Tax Legal Desc: PERRY ADD BLOCK 1 LOT TRACT 10 W/2 OF TRACT 10 & E/2 OF TRACT 10
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Parking Information
No Garage
-
Utility Information
Electricity Connected, Sewer Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2904 E Church Drive, Hobbs, NM, 88240 | $245,000 | 3 | 2 | 1,301 | 1,301 SqFt |
| 2121 E Cliffwood Circle, Hobbs, NM, 88240 | $490,000 | 4 | 4 | 2,294 | 2,294 SqFt |
| 2706 N Wedgewood Drive, Hobbs, NM, 88240 | $510,000 | 5 | 3 | 2,930 | 2,930 SqFt |
| 2137 E Sanger Street, Hobbs, NM, 88240 | $450,000 | 2 | 1 | 1,261 | 1,261 SqFt |
| 1801 E Highland Drive, Hobbs, NM, 88240 | $290,000 | 3 | 2 | 2,628 | 2,628 SqFt |
| 1728 E Tanglewood Avenue, Hobbs, NM, 88240 | $419,000 | 4 | 3 | 2,601 | 2,601 SqFt |
| 2907 N Del Sol Circle, Hobbs, NM, 88240 | $425,000 | 4 | 2 | 2,039 | 2,039 SqFt |
| 1136 E Aventura Lane, Hobbs, NM, 88240 | $395,000 | 4 | 3 | 2,075 | 2,075 SqFt |
| 900 N Pecan Drive, Hobbs, NM, 88240 | $397,000 | 3 | 2 | 3,942 | 3,942 SqFt |
| 700 E Baja Drive, Hobbs, NM, 88240 | $397,900 | 3 | 3 | 3,459 | 3,459 SqFt |
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 07/25/2026 @ 05:35
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