518 E  Sunset Dr, Hobbs, NM 88240
OFF MARKET

$229,000

Trulia Estimate
  • Studio

518 E Sunset Dr, Hobbs, NM 88240

Est. Refi. Payment $1,497/mo*
Refinance Your Home

Home Value

Trulia Estimate
$229K
Since last month
Increased$5K (+2%)
Since last year
Increased$5K (+2%)
Since last sale
Increased$54K (+30.9%)
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 +2% in the last 10 years
MonthEstimated value
2026
August 2026$229K
August 2026$228K
July 2026$224K

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
-
10/10/25
4
5
1,821
0.06
Single-Family Home
-
04/09/26
3
2
1,218
0.18
Single-Family Home
-
09/30/25
3
2
1,484
0.29
Single-Family Home
-
05/06/26
4
2
1,647
0.31
Single-Family Home
-
08/25/26
3
2
2,335
0.31
Single-Family Home
-
10/09/25
4
2
2,399
0.43
Single-Family Home
-
10/07/25
3
2
1,609
0.43
Single-Family Home
-
07/20/26
3
3.5
1,960
0.39
Single-Family Home
-
08/25/26
3
2
2,200
0.48
Single-Family Home
-
10/06/25
3
2
1,750

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
0.02
$228,200
Studio
-
-
Off Market
0.08
$132,500
2
1
1,172
Off Market
0.05
-
3
1
1,064
Recently Sold
0.04
$187,600
2
1
1,045
Off Market
0.06
$205,000
3
2
1,241
Off Market
0.11
$170,000
2
1
1,172
For Sale
0.06
-
4
2
1,821
Recently Sold
0.06
-
3
2
1,218
Recently Sold
0.07
$311,000
4
3
1,821
Off Market
0.11
$131,100
3
1
1,120
Off Market
0.14
$230,700
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 518 E Sunset Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1979

About this House

This single-family home is located at 518 E Sunset Dr, Hobbs, NM. 518 E Sunset Dr is in Hobbs, NM and in ZIP code 88240. This property has a lot size of 6970 sqft and was built in 1979.
518 E Sunset Dr, Hobbs, NM 88240 is a studio single-family home built in 1979. It last sold for $175,000 on Nov 30, 2020 (5% below the $185,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $229,000, with a rent estimate of $2,140/month.
Last check for updates: about 4 hours ago
Listed by Ashley N Pratt, (575) 441-4917
Berkshire Hathaway Home Services Enchanted Lands - Hobbs
Bought with: Ashley N Pratt, (575) 441-4917, Berkshire Hathaway Home Services Enchanted Lands - Hobbs
Source: New Mexico MLS, MLS#20204514

Home Details for 518 E Sunset Dr

Interior Features

Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Tile
View
No View

Exterior Features

Exterior Home Features
Fencing: Back Yard, Cross Fenced
Parking & Garage
No CarportNo GarageNo Attached Garage
Frontage
Not on Waterfront
Farm & Range
Frontage Length: 86.9Not Allowed to Raise Horses
Surface & Elevation
Topography: Back Yard, Cross Fenced

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: BrickNot Attached PropertyDoes Not Include Home Warranty
Property Information
Included in Sale: Dishwasher, Free-Standing Range, Gas Water HeaterParcel Number: 4990326151947

Price & Status

Price
List Price: $185,000
Status Change & Dates
Off Market Date: Mon Nov 30 2020Possession Timing: Upon Funding

Active Status

MLS Status: Sold

Location

Direction & Address
City: Hobbs
School Information
Elementary School: None/OtherJr High / Middle School: None/OtherHigh School: None/Other

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 6969.6 sqft

Documents

Disclaimer: Information not guaranteed. Buyer to verify all information.

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 20204514

Price and Tax history

DateEventPrice
Nov 30, 2020
Source: New Mexico MLS #20204514
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

The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (โ€œIDXโ€) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

Frequently asked questions about 518 E Sunset Dr

  • What is 518 E Sunset Dr estimated to be worth?
    Trulia's estimated value for 518 E Sunset Dr in Hobbs, NM is $229,000.
  • What is the price history for 518 E Sunset Dr?
    518 E Sunset Dr in Hobbs, NM last sold in November 2020.
  • 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 518 E Sunset Dr have air conditioning?
    Yes, 518 E Sunset Dr in Hobbs, NM has air conditioning.
  • Does 518 E Sunset Dr have a yard?
    Yes, 518 E Sunset Dr in Hobbs, NM has a yard.

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