1 Day Ago
Highlights
Pet Friendly
- Carport
- 2 storage areas
- Kitchen appliances
Location
531 W Spears Dr, Hobbs, NM 88240, USA
Tour 531 W Spears Dr
Contact
Nexus Property Management
Nearby rentals
Renter hub
Property management
Property Overview
A carport and two storage areas provide convenience and practicality, while included kitchen appliances enhance functionality. The property is great for those seeking ample space and easy access to essential amenities, making it an appealing choice for various lifestyles. Notable features contribute to an overall user-friendly environment.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available- Pet friendly
Great for
Pet owners
Amenities for 531 W Spears Dr
Appliances
| Range | Refrigerator |
Community
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 531 W Spears Dr
Check out this 3 Bedroom 2 Bath Home with a Mother-in-law Suite This lovely home comes on land with horse stalls, it has a carport, 2 storage areas, and comes with kitchen appliances. Call us today to schedule a tour. 575-631-1061 Fees: Rent: $2400.00 Deposit: $2400.00 Renter's insurance is required Tenant would have to cover: trash, electricity (and other non-essential utilities like internet/cable, etc.) Approved Application Fee: $50.00 per applicant Late fees are 5% of the rent and are charged on the 6th if the balance is not paid Pet deposit: non-refundable $250.00 Pet rent: $35.00 per pet each month Non-sufficient fund: $35.00 Replacement key: $5.00 Rekeying property: $150.00 Online payment fee: Credit Card: 2.99% of the total amount per transaction, Debit Card: $9.99 per transaction
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 531 W Spears Dr compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Pet friendly
- This property allows pets
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Zip code | 88240 |
|---|---|
| Type | House for rent |
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Rent trends in Hobbs
4-bedroom apartments at 531 W Spears Dr cost about 25% less than the average rent price for 4-bedroom apartments in Hobbs.
Median rents as of May 2 2026.
Hobbs
| Month | Median Rent |
|---|---|
| June 2025 | $1,800 |
| July 2025 | $1,800 |
| October 2025 | $2,000 |
| November 2025 | $1,840 |
| December 2025 | $1,800 |
| March 2026 | $2,856 |
| April 2026 | $2,850 |
| May 2026 | $3,200 |
Affordability calculator
Can I afford to live at 531 W Spears Dr?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$96,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $96,000 annually to afford this 4-bedrooms monthly rent price of $2,400.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 6 months ago | $2,400 |
Schools near 531 W Spears Dr
Mills Elementary School
200 west copper
hobbs, NM, 88240
PK, K-5Public
B+
B.T. Washington Elementary School
1200 east humble
hobbs, NM, 88240
PK, K-5Public
C
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Internet available near 531 W Spears Dr
Neighborhood
Getting around Hobbs near 531 W Spears Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 531 W Spears Dr, Hobbs
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 531 W Spears Dr
Dory Organic Market
502 W Navajo Dr
Dreke's Market
236 E Navajo Dr
Albertsons Market
2402 N Grimes St
Walmart Supercenter
3800 N Lovington Hwy
Thriftway Grocery
1317 N Turner St
Bootsie's Western Store
503 W Navajo Dr
Images Boutique
2400 N Grimes St
Shoe Choo Train
212 W Bender Blvd
Cotton Castle
114 W Bender Blvd
Everything Nice
2827 N Dal Paso St
Undergrounds Coffee
3421 N Grimes St
Bowls & Rolls
3734 N Grimes St
Best N Bake Donut
3820 N Grimes St
Starbucks
2402 N Grimes St
Dunkin'
2220 N Grimes St
Buffalo Wild Wings
1120 W Joe Harvey Blvd
Applebee's Grill + Bar
1330 W Joe Harvey Blvd
Holidaze Restaurant & Lounge
2827 N Dal Paso St
Chili's
1810 W Joe Harvey Blvd
Cattle Baron
1930 N Grimes St
La Carnetia LLC
3601 N Grimes St
Albertsons Market Bakery
2402 N Grimes St
Albertsons Market Delicatessen
2402 N Grimes St
Walmart Deli
3800 N Lovington Hwy
Walmart Bakery
3800 N Lovington Hwy
Outlaw Grill
521 W Navajo Dr
Firehouse Subs
3734 N Grimes St
Cotton Patch Cafe
901 W Joe Harvey Blvd
Bowls & Rolls
3734 N Grimes St
Best N Bake Donut
3820 N Grimes St
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