This is my second mod (3rd if you include the follower I made for my other race mod. The Ori: https://www.nexusmods.com/skyrimspecialedition/mods/18884 )

Right up front, the race has at this time one single problem, that I am working on. For some reason, there is only one eye color available.  I have made up for this I think with many more options including extra hair shades (See Images) that are entirely vanilla friendly, and full use of the facial features.

This race is of course short. Base height/Weight/Mass is 75% This puts it at roughly child height, but with a fully adult body and able to wear all adult armors. Height is adjustable. As a note, if you want the typical Halfling/Hobbit big feet without having them be overly thick and ridiculous looking, I suggest Enhanced Character Edit over Race Menu.  Whether your going for Lord of the Rings or Dungeons and Dragons Geekdom, this mod will fit that bill. ;)

Race Stats: (My affection for all things Halfling/Hobbit has induced me to make this race a wee bit overpowered in all things roguish.)

Archery - 5
Light Armor - 10
Lockpicking - 30
One Handed - 10
Pickpocket - 20
Sneak - 30
Speech - 20

Racial Abilities/Perks - Mild Health Regen Bonus, Speed Bonus, Always Muffled, Custom Fit

The race is of course totally Dawnguard friendly. 

If you want a look like my char in the images you will need:
Pretty Combat Animations
https://www.nexusmods.com/skyrimspecialedition/mods/3761

KS Hairdos
https://www.nexusmods.com/skyrimspecialedition/mods/6817

Enhanced Character Edit
https://www.nexusmods.com/skyrimspecialedition/mods/12302

UNP Female Body Renewal
https://www.nexusmods.com/skyrimspecialedition/mods/1699

Fair Skin Complexion (Oldrim, but works in SE)
https://www.nexusmods.com/skyrim/mods/51602

Eldrids Armor Mashup UNP - SSE
https://www.nexusmods.com/skyrimspecialedition/mods/5248

As well as any dependencies they require.