Owner
$62,183
NM
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
0
sq. ft.
0
property type
Parcels with improvements, Use Not Specified
hoa
No
About
Residential
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
—
Building Size
0 sq ft
Lot Size
13,939,200 sq ft
Lot Size (Acres)
320.00 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
4 000 404 780 001
County
Lea County, NM
Metro Area
Hobbs, NM
Zoning
—
Neighborhood/Subdivision
—
Lot Number
—
School District
Hobbs Municipal Schools
Legal Description
SECTION-21 TOWNSHIP-20S RANGE-33E 320.00 AC BEING S2 NEW LIVESTOCK COUNT FOR 2023
Tax & Value Information
Market Value (Total)
$20,982
Building Value
$18,972
Land Value
$2,010
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$6,994
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$2,406
Return on Investment
15.60%
After Repair Value
$68,401
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$55,965
Renovation Cost
$3,109
Closing Costs (buying)
$1,119
Holding Costs
$1,698
Selling Costs
$4,104
Total Investment
$15,421
After Repair Value (ARV)
$68,401
Total Costs
$65,995
Estimated Profit
$2,406
Cash Invested
$14,302
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area