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900 N Pecan Dr, Hobbs, NM, 88240

3beds
2baths
3,942sqft
$397,000
$101price/sqft
$2,866/moest. monthly cost
$114,640/yrincome needed

About This Home

This 3 bed / 2 bath home offers just under 4,000 square feet and sits on a beautifully landscaped .41 acre lot right in town. From the moment you pull up, the curb appeal stands out with mature trees, lush grass, and vibrant flowering plants. Inside, you’ll love the character; beautiful architecture, exposed beams, and open living spaces filled with natural light from all the windows. The layout flows easily, making it perfect for both everyday living and entertaining. The kitchen has plenty of cabinet and counter space and opens right into the main dining & living areas. All of the bedrooms are generously sized, including a large primary suite with a walk-in shower. The secondary bedrooms are connected by a Jack-and-Jill bathroom. Downstairs, there’s a basement that can be used as a storm shelter, cellar, or extra storage. And speaking of storage, this home has plenty of it throughout - plus square footage that’s larger than most homes in the area. This is one you really have to see in person to appreciate the space, layout, and beautiful setting.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

4/10
Murray Elementary SchoolGrades PK-50.3 mi
3/10
8/10
Hobbs High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Basement
  • Roof: Other
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Walk-In Closet(s),Wet Bar
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,942
  • Total interior livable area: 3,942 sqft

Property

Details

  • Parcel number: 4000142190001

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Dog Run
  • Fencing: Back Yard

Lot

  • Lot size: 0.41 Acres
  • Features: Irregular Lot,Sprinklers In Rear,Sprinklers In Front

Parking

  • Total spaces: 2
  • Parking features: Attached Carport
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters in Lea County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

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

MonthlyAnnual
Mortgage $2,007$24,084
Home Insurance *$407$4,884
Property Taxes $172$2,064
Electricity $280$3,363
Total$2,866$34,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,262/yr
40% on housing$85,980/yr
45% on housing$76,426/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

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.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.5%
3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$101This listing

vs Other Active Listings

Avg $/sqft

ZIP 88240$153
Lea County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 88240$152
Lea County$152

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

DateEventPrice
2026-05-11Price change$439,999
2026-04-09Listed for sale$450,000
2016-08-23Sold--
2016-04-25Price change$245,000
2016-04-06Price change$258,000
2016-03-07Listed for sale$262,000

For Sale by Agent

AgentSarah Mackay
BrokerageRivas Real Estate Team Co.

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