503 E  Mesa Dr, Hobbs, NM 88240
OFF MARKET

$228,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,596 sqft

503 E Mesa Dr, Hobbs, NM 88240

Home Value

Trulia Estimate
$228K
Since last month
Decreased$8K (-3.5%)
Since last year
Increased$17K (+8%)
Since last sale
Increased$79K (+52.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +145% in the last 10 years
MonthEstimated value
2026
August 2026$229K
August 2026$228K
July 2026$237K
June 2026$229K
May 2026$231K
April 2026$227K
March 2026$220K
February 2026$221K
January 2026$218K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
-
04/22/26
3
2
1,603
0.16
Single-Family Home
-
02/12/26
3
2
1,704
0.19
Single-Family Home
-
06/16/26
3
2
1,851
0.30
Single-Family Home
-
10/30/25
3
2
1,339
0.27
Single-Family Home
-
09/14/25
3
2
2,122
0.36
Single-Family Home
-
12/08/25
3
2
1,672
0.28
Single-Family Home
-
06/05/26
3
2
2,330
0.39
Single-Family Home
-
05/28/26
3
2
1,625
0.38
Single-Family Home
-
08/04/26
3
2
1,509
0.32
Single-Family Home
-
05/20/26
3
2
2,111

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
-
3
3
3,391
Recently Sold
0.03
$228,000
3
2
1,673
Off Market
0.10
$443,100
5
3
3,084
Off Market
0.11
$280,000
3
2
1,853
For Sale
0.10
$321,100
3
2.5
2,478
Off Market
0.09
$206,100
4
1.5
1,482
Off Market
0.07
-
3
2
1,603
Recently Sold
0.11
$206,800
3
2
1,425
Off Market
0.13
$325,000
3
2
2,225
For Sale
0.14
$370,400
3
3
2,473
Off Market
0.19
$397,900
3
2.5
3,459
For Sale
0.16
-
3
2
1,704
Recently Sold

Local Information

  • Map ViewExplore the area around 503 E Mesa Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
1,596 sqft
$143/sqft

About this House

3 bed 2 bath. Approx 1600 sq ft. Medium size front and back yard that has maintained. Back patio. Fridge, stove, dishwasher, washer and dryer included. Central heating and cooling. Storage shed in backyard. Walking distance to broadmoor elementary. No pets, minimal year lease. $1500/month.

No smoking. Tenant will pay for all utilities.
503 E Mesa Dr, Hobbs, NM 88240 is a 3 bedroom, 2 bathroom, 1,596 sqft single-family home. It last sold for $150,000 on Aug 2, 2019. More recently, it was listed as a rental in May 2022 with an asking price of $1,500 per month. That rental listing was removed on May 27, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $228,400, with a rent estimate of $1,913/month.

Home Details for 503 E Mesa Dr

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DryerWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
Parking: Off Street

Price and Tax history

DateEventPrice
May 27, 2022
Source: Zillow Rental Manager
ListingRemoved
May 22, 2022
Source: Zillow Rental Manager
Listed For Rent
$1,500
Aug 2, 2019
Source: New Mexico MLS #20193145
Sold
--

Market trends in Hobbs

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$288K
$18.5K
MoM
Sale-to-List Price
99.2%
0.1%
MoM
Price per sq ft
$149
$0
MoM
Available listings
88
3
MoM

What Locals Say about Hobbs

At least 122 Trulia users voted on each feature.
  • 84 % Say car is needed

  • 79 % Say there are sidewalks

  • 75 % Say yards are well-kept

  • 71 % Say parking is easy

  • 64 % Say it's dog friendly

  • 62 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 60 % Say kids play outside

  • 54 % Say people would walk alone at night

  • 48 % Say streets are well-lit

  • 40 % Say neighbors are friendly

  • 39 % Say it's walkable to restaurants

  • 38 % Say they plan to stay for at least 5 years

  • 37 % Say it's walkable to grocery stores

  • 34 % Say there's wildlife

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Christina Grayson
    "Nothing we live on a busy street with lots of traffic but a lot of people walk in the mornings and later in the afternoon with their children and dogs"
  • Christina Grayson
    "Neighbor is great a little busy but overall not a bad place to live close to restaurants and shopping "
  • Amber Villalobos
    "Stray dogs wandering around. Stray cats wandering around as well. "
  • Myrna S.
    "My neighborhood is quiet and serene and we all feel safe. We have friendly people and we can depend on each other. "
  • Jose C.
    "Good people live in this area, my neighborhood is quite and not a lot of traffic. The schools are great in the area also "
  • Tolarerica
    "It is insanely difficult to find a decent family home for a reasonable price in a good neighborhood. Cost of living is way too high. "
  • Larebilyrag
    "I do not think there are any at all. I just go to work, and sleep after and go to work again and even hardly see my neighbors."
  • Nipamgalavez
    "Dog owners would like the fact that we have sidewalks on every street here. People seem to be very friendly on my street in Hobbs. Number one thing thatโ€™s great here in Hobbs is that every home in this neighborhood has cinder block fences. So other dogs are put away and wonโ€™t be running the streets when you are walking your own dog down the sidewalks. "
  • Brittany_gliver
    "Iโ€™ve lived in this neighborhood for 8 years and weโ€™ve never had any problems! Neighbors are friendly and give a genuine wave when passing by!"
  • Jerrywayneteel
    "oilfield is booming and always hiring great opportunity for anyone and with that it provides for all other business to keep them going and paying well Hobbs has a casino and now built the core center that is awesome for children and adults has a pool with slides a gym and more "
  • Jennifer E.
    "it's a nice and peaceful neighborhood, the people are very friendly. i live across the street to a middle school and the children are very nice and polite"
  • Mmlionheart
    "Nothing canโ€™t be outside after dark to many drive bys not a good area people steal from your cars yard break In throw rocks throw bottles poison animals and plus neighbors keep yards so dirty junk yards old cars donโ€™t run keep on lawn in kept yards not a good neighborhood at all"
  • Jaci L.
    "In my neighborhood people have no concern for anyone else but themselves. Landlord does not care about tenants. Maintenance inn my housing community outs great though when they can actually do their job. "
  • Suzy G.
    "I have lived in the area for more than 30 years.....Its a great family oriented area with a highly rated school......."

LGBTQ Local Legal Protections

Frequently asked questions about 503 E Mesa Dr

  • What is 503 E Mesa Dr estimated to be worth?
    Trulia's estimated value for 503 E Mesa Dr in Hobbs, NM is $228,400.
  • What is the price history for 503 E Mesa Dr?
    503 E Mesa Dr in Hobbs, NM last sold in August 2019.
  • Is Hobbs a buyer's or seller's market?
    Hobbs is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Hobbs?
    The median sale price in Hobbs is $288K. That is up $18.5K from the prior month.
  • Does 503 E Mesa Dr have laundry facilities?
    Yes, 503 E Mesa Dr in Hobbs, NM has in-unit laundry.
  • Does 503 E Mesa Dr have parking?
    Yes, 503 E Mesa Dr in Hobbs, NM has on-site parking.

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