501 E Palace Ave
Hobbs, NM 88240
2
Bed
1
Bath
998Sqft
This charming 2-bedroom, 1-bath home in Hobbs, NM has been completely updated throughout the interior, including a brand-new roof for added peace of mind. Step inside to find a fresh, modern interior with updated finishes, a bright and inviting living space, and a functional layout perfect for everyday living. The renovated kitchen and bathroom add style and convenience, making this home ideal for first-time buyers, downsizers, or investors. Dont miss this turnkey opportunity!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 3 -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
-
Building Information
Year Built: 1960 Building Area Total: 998 Construction Materials: Stucco Stories: 1 Private Pool: No
-
Listing Price Information
Listing Price: $172000 Original Price: $180000 Cash, Conventional, VA Loan
-
Tax Information
Parcel Number: 4000106920001 Annual Tax: $430 Tax Legal Desc: LAUGHLIN ADD UNIT 2 BLOCK 3 LOT 1
-
Parking Information
None
-
School Information
Elementary School: None/OtherJunior High School: None/OtherSenior High School: None/Other -
Utility Information
Electricity Connected -
Location Information
WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2904 E Church Dr, Hobbs, NM, 88240 | $240,000 | 3 | 2 | 1,301 | 2.81 Acres |
| 2121 E Cliffwood Cir, Hobbs, NM, 88240 | $480,000 | 4 | 4 | 2,294 | 0.24 Acre |
| 2033 Highwood Ave, Hobbs, NM, 88240 | $460,000 | 4 | 2 | 2,156 | 0.22 Acre |
| 2706 N Wedgewood Dr Dr, Hobbs, NM, 88240 | $500,000 | 5 | 3 | 2,930 | 0.19 Acre |
| 2137 E Sanger St, Hobbs, NM, 88240 | $450,000 | 2 | 1 | 1,261 | 1.31 Acres |
| 1733 Highwood Ave, Hobbs, NM, 88240 | $559,900 | 5 | 4 | 2,961 | 0.22 Acre |
| 1527 N Breckon Dr, Hobbs, NM, 88240 | $200,000 | 3 | 2 | 1,600 | 0.19 Acre |
| 1615 E Skelly St, Hobbs, NM, 88240 | $120,000 | 2 | 2 | 800 | 0.08 Acre |
| 1115 E Rose Lane Ln, Hobbs, NM, 88240 | $199,900 | 3 | 2 | -- | 0.18 Acre |
| 708 Sunset Dr, Hobbs, NM, 88240 | $170,000 | 2 | 1 | 1,172 | 0.08 Acre |
Similar Homes To 501 E Palace Ave
Nearby For Sale
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 09/16/2026 @ 14:36
More Cities with for Sale by Owner Homes
- Hobbs Homes For Sale By Owner
- Lovington Homes For Sale By Owner
- Seminole Homes For Sale By Owner
- Tatum Homes For Sale By Owner
- Seagraves Homes For Sale By Owner
- Jal Homes For Sale By Owner
- Andrews Homes For Sale By Owner
- Brownfield Homes For Sale By Owner
- Goldsmith Homes For Sale By Owner
- Kermit Homes For Sale By Owner
- Loving Homes For Sale By Owner
- Gardendale Homes For Sale By Owner
- Carlsbad Homes For Sale By Owner
- Wink Homes For Sale By Owner
- Lamesa Homes For Sale By Owner
- Artesia Homes For Sale By Owner
- Hagerman Homes For Sale By Owner
- Lake Arthur Homes For Sale By Owner
- Odessa Homes For Sale By Owner
- Dexter Homes For Sale By Owner
Homes around $172,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.