About This Home

This 2-bedroom, 1-bathroom single family at 1327 S Perry St in Hobbs, NM is listed for $220,000 ($182 per sqft). Built in 1955, the home offers 1,208 sqft of living space on a N/A lot.

Key Features

  • Built in 1955

Property Details

1 full
1955

Amenities

A/C
Listing Description

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 layoutminimizing 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.

Monthly Cost Estimate

$1,177/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

1327 S Perry St

Hobbs, NM 88240

Property Details

Flooring

WoodLaminate

Construction

Stucco

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1327 S Perry St is listed at $220,000 ($182/sqft). The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955.

This property is listed by Denice Chavez and can be reached at 5755525372.

DC

Denice Chavez

License REC-2022-0428

Agent at Casa Oasis Realty, LLC

(575) 552-5372

Listed by Casa Oasis Realty, LLC · Broker phone: (575) 393-8058 · View on Broker Site

MLS# 20262010· Source: New Mexico MLS· 116 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1327 S Perry St, Hobbs, NM 88240

Open this listing in: