Real Estate Investment Properties for Sale in Hobbs, NM

Looking for investment property in Hobbs, NM with high ROI ?

Explore a variety of short-term homes & houses in Hobbs, NM. Invest wisely with VRBO & Hobbs, NM Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Hobbs, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1924 N Vega Dr Hobbs, NM Absolutely Huge Home. All Main Rooms Oversized And So Big They Cannot Be Captured Complet...	4 beds \| 3 baths \| 7,694 sq.ft.	$670,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $3138 Airbnb ROI: N/A Traditional ROI: 3.27%
108 E Jefferson Pl Hobbs, NM Come Take A Look At This Beautiful Updated Town Home. Centrally Located With Easy Access,P...	2 beds \| 2 baths \| 1,217 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1611 Airbnb ROI: N/A Traditional ROI: 7.41%
606 E Yucca Dr Hobbs, NM Auction starts 01/10/2026 ends 01/13/2026. Please do not disturb occupant. 3 bedroom and 1...	3 beds \| N/A baths \| 1,509 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.66% Airbnb Rental Income: $null Traditional Rental Income: $2046 Airbnb ROI: N/A Traditional ROI: 8.66%
414 W Saint Anne Place Hobbs, NM The property features a spacious living room, formal dining area, a functional kitchen wit...	3 beds \| 2 baths \| 1,476 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.04% Airbnb Rental Income: $null Traditional Rental Income: $2257 Airbnb ROI: N/A Traditional ROI: 10.04%
1112 N Coleman Hobbs, NM Cozy Home in Hobbs... home features a fenced yard in the front and back with a Metal Roof....	3 beds \| 1 baths \| 1,144 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.16% Airbnb Rental Income: $null Traditional Rental Income: $1718 Airbnb ROI: N/A Traditional ROI: 10.16%
414 S Childers Dr Hobbs, NM Surprising and stunning, this 4-bedroom, 4-bathroom home is a rare find for the neighborho...	4 beds \| 4 baths \| 3,093 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $3323 Airbnb ROI: N/A Traditional ROI: 6.17%
1235 N San Andres Drive Hobbs, NM	3 beds \| 1 baths \| 890 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.24% Airbnb Rental Income: $null Traditional Rental Income: $1545 Airbnb ROI: N/A Traditional ROI: 9.24%
3549 N Northwest Drive Hobbs, NM This nice brick home is 3 bedrooms, 2 bathrooms, and a 2 car garage located in an establis...	3 beds \| 2 baths \| 1,674 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.51% Airbnb Rental Income: $null Traditional Rental Income: $2387 Airbnb ROI: N/A Traditional ROI: 9.51%
820 W Copper Ave Hobbs, NM Completely remodeled/updated home. This charming 3-bedroom, 2-bath residence offers a perf...	3 beds \| 2 baths \| 2,561 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.58% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 6.58%
1822 E Tanglewood Ave Hobbs, NM Check out this newer French Brothers home built in 2022. This home is 4 bedrooms, 2 bathro...	4 beds \| 2 baths \| 1,964 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2613 Airbnb ROI: N/A Traditional ROI: 5.03%
2225 W Alabama Street Hobbs, NM Country Property!! This cute 3-bedroom, 2 bath, 1 car garage with double carport sits on ....	3 beds \| 2 baths \| 1,249 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $2059 Airbnb ROI: N/A Traditional ROI: 8.32%
5017 W Hardtack Rd Hobbs, NM Welcome to your dream home in the heart of Hobbs, NM! This stunning 4-bedroom residence co...	4 beds \| 2 baths \| 2,141 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2652 Airbnb ROI: N/A Traditional ROI: 4.93%
501 E Sanger Street Hobbs, NM Featuring 3 bedrooms, 2 baths, plus a large bonus open space perfect for a second living r...	3 beds \| 2 baths \| 2,065 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.74% Airbnb Rental Income: $null Traditional Rental Income: $2516 Airbnb ROI: N/A Traditional ROI: 9.74%
3505 N Northwest Dr Hobbs, NM Come see this cute, comfortable townhome in a quiet North Hobbs neighborhood, conveniently...	3 beds \| 2 baths \| 1,596 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.66% Airbnb Rental Income: $null Traditional Rental Income: $2255 Airbnb ROI: N/A Traditional ROI: 8.66%
3131 N Cibola Ave Hobbs, NM 3131 N Cibola Ave, Hobbs, NM 88240 \| Single Family Residential	3 beds \| 2 baths \| 3,021 sq.ft.	$327,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2840 Airbnb ROI: N/A Traditional ROI: 7.13%
5109 W Grey Ghost Rd Hobbs, NM 5109 W Grey Ghost Rd, Hobbs, NM 88240 \| Single Family Residential	4 beds \| 2 baths \| 2,088 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2221 Airbnb ROI: N/A Traditional ROI: 4.1%
2016 N Orchid Dr Hobbs, NM 2016 N Orchid Dr, Hobbs, NM 88240 \| Single Family Residential	4 beds \| 2 baths \| 1,808 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $2136 Airbnb ROI: N/A Traditional ROI: 4.79%
418 E Abo Dr Hobbs, NM 418 E Abo Dr, Hobbs, NM 88240 \| Single Family Residential	6 beds \| 3 baths \| 3,789 sq.ft.	$652,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2889 Airbnb ROI: N/A Traditional ROI: 2.8%
1302 S Mckinley St Hobbs, NM 1302 S Mckinley St, Hobbs, NM 88240 \| Single Family Residential	2 beds \| 1 baths \| 1,100 sq.ft.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $1301 Airbnb ROI: N/A Traditional ROI: 5.7%
313 W Roxana St Hobbs, NM 313 W Roxana St, Hobbs, NM 88240 \| Manufactured Home	3 beds \| 2 baths \| 1,680 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.35% Airbnb Rental Income: $null Traditional Rental Income: $1899 Airbnb ROI: N/A Traditional ROI: 9.35%
1229 E Tulsa St Hobbs, NM 1229 E Tulsa St, Hobbs, NM 88242 \| Single Family Residential	3 beds \| 1 baths \| 1,701 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.25% Airbnb Rental Income: $null Traditional Rental Income: $1643 Airbnb ROI: N/A Traditional ROI: 7.25%
5807 S Eunice Hwy Hobbs, NM 5807 S Eunice Hwy, Hobbs, NM 88240 \| Single Family Residential	3 beds \| 2 baths \| 1,767 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $2025 Airbnb ROI: N/A Traditional ROI: 3.06%
1801 E Highland Dr Hobbs, NM 1801 E Highland Dr, Hobbs, NM 88240 \| Single Family Residential	3 beds \| 2 baths \| 2,628 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $2257 Airbnb ROI: N/A Traditional ROI: 5.99%
114 W Park St Hobbs, NM	4 beds \| 3 baths \| 2,400 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $2755 Airbnb ROI: N/A Traditional ROI: 9.06%
308 W Gypsy St Hobbs, NM 308 W Gypsy St, Hobbs, NM 88240 \| Manufactured Home	3 beds \| 2 baths \| 1,158 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.64% Airbnb Rental Income: $null Traditional Rental Income: $1621 Airbnb ROI: N/A Traditional ROI: 7.64%
1701 E Marland St Hobbs, NM 1701 E Marland St, Hobbs, NM 88240 \| Single Family Residential	3 beds \| 1 baths \| 1,425 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1529 Airbnb ROI: N/A Traditional ROI: 4.67%
2904 E Church Dr Hobbs, NM 2904 E Church Dr, Hobbs, NM 88240 \| Manufactured Home	3 beds \| 2 baths \| 1,301 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $1609 Airbnb ROI: N/A Traditional ROI: 4.76%
1112 N Coleman St Hobbs, NM 1112 N Coleman St, Hobbs, NM 88240 \| Single Family Residential	3 beds \| 1 baths \| 1,144 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.15% Airbnb Rental Income: $null Traditional Rental Income: $1427 Airbnb ROI: N/A Traditional ROI: 8.15%
11014 N Meadowlark Dr Hobbs, NM	N/A beds \| N/A baths \| 0 sq.ft.	$85,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.11% Airbnb Rental Income: $null Traditional Rental Income: $835 Airbnb ROI: N/A Traditional ROI: 7.11%
2519 W Midwest St Hobbs, NM 2519 W Midwest St, Hobbs, NM 88240 \| Manufactured Home	2 beds \| 1 baths \| 980 sq.ft.	$148,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $1125 Airbnb ROI: N/A Traditional ROI: 5.49%
408 E Byers St Hobbs, NM 408 E Byers St, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$49,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.46% Airbnb Rental Income: $null Traditional Rental Income: $756 Airbnb ROI: N/A Traditional ROI: 11.46%
1307 E Snyder St Hobbs, NM 1307 E Snyder St, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.62% Airbnb Rental Income: $null Traditional Rental Income: $1024 Airbnb ROI: N/A Traditional ROI: 1.62%
414 E Arco Rd Hobbs, NM 414 E Arco Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.52% Airbnb Rental Income: $null Traditional Rental Income: $747 Airbnb ROI: N/A Traditional ROI: 0.52%
4640 N Lovington Hwy Hobbs, NM 4640 N Lovington Hwy, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.98% Airbnb Rental Income: $null Traditional Rental Income: $835 Airbnb ROI: N/A Traditional ROI: -0.98%
1733 Highwood Ave Hobbs, NM	5 beds \| 3 baths \| 2,886 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $2986 Airbnb ROI: N/A Traditional ROI: 3.59%
13600 N Catchings Road Hobbs, NM New Manufactured Home, set on perm foundation with a deactivated title. 5 bedroom and 3 ba...	5 beds \| 3 baths \| 2,050 sq.ft.	$297,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2702 Airbnb ROI: N/A Traditional ROI: 7.42%
5021 N Carriage Rd Hobbs, NM 5021 N Carriage Rd, Hobbs, NM 88240 \| Single Family Residential	4 beds \| 4 baths \| 3,600 sq.ft.	$770,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $3307 Airbnb ROI: N/A Traditional ROI: 2.68%
412 E Park St Hobbs, NM 412 E Park St, Hobbs, NM 88240 \| Multi Family	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $691 Airbnb ROI: N/A Traditional ROI: 2.12%
4726 W Hardtack St Hobbs, NM 4726 W Hardtack St, Hobbs, NM 88240 \| Single Family Residential	5 beds \| 3 baths \| 2,764 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $2976 Airbnb ROI: N/A Traditional ROI: 5.99%
1204 W Roan St Hobbs, NM 1204 W Roan St, Hobbs, NM 88242 \| Single Family Residential	4 beds \| 2 baths \| 2,694 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.57% Airbnb Rental Income: $null Traditional Rental Income: $2516 Airbnb ROI: N/A Traditional ROI: 2.57%

Real Estate investment in Hobbs, NM

There are 141 properties for sale in the city of Hobbs . The median list price in Hobbs is $287,000 and the average price per square foot is $147. In February 2026, the average monthly cash on cash return in Hobbs is 5.00%. The average monthly rental income in Hobbs is $1,301.

Hobbs, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 141 investment properties available for sale in Hobbs.

In 2026, the best neighborhood to buy investment property is Hobbs.

The ROI for Short-Term is higher than the Long-Term in Hobbs with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Hobbs, NM

1924 N Vega Dr

Hobbs, NM

4 beds | 3 baths | 7,694 sq.ft.

$670,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.27%

Airbnb Rental Income: $null

Traditional Rental Income: $3138

Airbnb ROI: N/A

Traditional ROI: 3.27%

108 E Jefferson Pl

Hobbs, NM

2 beds | 2 baths | 1,217 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.41%

Airbnb Rental Income: $null

Traditional Rental Income: $1611

Airbnb ROI: N/A

Traditional ROI: 7.41%

606 E Yucca Dr

Hobbs, NM

3 beds | N/A baths | 1,509 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2046

Airbnb ROI: N/A

Traditional ROI: 8.66%

414 W Saint Anne Place

Hobbs, NM

3 beds | 2 baths | 1,476 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2257

Airbnb ROI: N/A

Traditional ROI: 10.04%

1112 N Coleman

Hobbs, NM

3 beds | 1 baths | 1,144 sq.ft.

$140,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.16%

Airbnb Rental Income: $null

Traditional Rental Income: $1718

Airbnb ROI: N/A

Traditional ROI: 10.16%

414 S Childers Dr

Hobbs, NM

4 beds | 4 baths | 3,093 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.17%

Airbnb Rental Income: $null

Traditional Rental Income: $3323

Airbnb ROI: N/A

Traditional ROI: 6.17%

1235 N San Andres Drive

Hobbs, NM

3 beds | 1 baths | 890 sq.ft.

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.24%

Airbnb Rental Income: $null

Traditional Rental Income: $1545

Airbnb ROI: N/A

Traditional ROI: 9.24%

3549 N Northwest Drive

Hobbs, NM

3 beds | 2 baths | 1,674 sq.ft.

$210,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2387

Airbnb ROI: N/A