7319 W Alabama St, Hobbs, NM, 88240
About This Home
Welcome to this 3-bedroom, 2-bathroom home situated on almost 5 acres. With plenty of space to expand, build, or create your own outdoor retreat, this property is full of potential. Inside, you'll find a functional layout with spacious living areas, while the expansive acreage provides endless possibilities. Whether you're looking for peaceful country living or room to grow, this property is ready to make your vision a reality.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1970
Type & Style
- Home type: SingleFamily
- Architectural style: Conventional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Features
- Fireplace
- Finished area above ground: 1,776
Interior Area
- Total structure area: 1,776
- Total interior livable area: 1,776 sqft
Property
Details
- Parcel number: 4000408460001
Features
- Fencing: Fence
- Topography of land: Fence
Lot
- Lot size: 4.87 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Lightning
- Wildfire
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Drought
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Lea County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,339 | $16,068 |
| Home Insurance * | $272 | $3,264 |
| Property Taxes | $114 | $1,368 |
| Electricity | $148 | $1,780 |
| Total | $1,873 | $22,476 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-03 | Listed for sale | $265,000 |
| 2020-07-17 | Sold | -- |
| 2020-05-18 | Listed for sale | $135,000 |
| 2020-04-08 | Listing removed | $140,000 |
| 2020-03-30 | Price change | $140,000 |
| 2020-02-04 | Price change | $150,000 |
| 2020-01-07 | Price change | $165,000 |
| 2019-07-16 | Price change | $160,000 |
| 2019-07-01 | Price change | $165,000 |
| 2019-06-20 | Price change | $170,000 |
| 2019-06-07 | Listed for sale | $180,000 |
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