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318 E Jemez St, Hobbs, NM, 88240

4beds
3baths
3,218sqft
$479,000
$149price/sqft
$3,348/moest. monthly cost
$133,920/yrincome needed

About This Home

Gorgeous Broadmoor Home with Inground Swimming Pool. Large corner lot with great setback. Mature landscaping with large manicured trees for great curb appeal. Spacious Floorplan at 3218 Sqrft. Large vaulted living room Ceiling for maximum volume. Oversized gourmet kitchen with massive butler's storage pantry. Designer Custom cabinetry dressed with granite countertops and accessory pullouts. Large master bedroom with his and her walk in closets. Dreamy master bath with stylish tile finishing. Double sinks and large walk in shower with multi-shower heads. Bonus activity room with ample sunlight. Tons of storage throughout. Large back patio overlooking pool area and yard. Large storage shed. Paved Alley with gate access. Truly a remarkable property, don't let this one slip away!!

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

5/10
Sanger Elementary SchoolGrades K-50.3 mi
4/10
8/10
Hobbs High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1982

Materials

  • Roof: Pitched
  • Construction materials: Brick

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Fireplace,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 3,218
  • Total interior livable area: 3,218 sqft

Property

Details

  • Parcel number: 4000170060001

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio Covered
  • Exterior features: Sidewalk
  • Has spa: Yes
  • Fencing: Block,Cross Fenced
  • Topography of land: Block, Cross Fenced, Irregular Lot

Parking

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

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

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Cold Wave
Hail
Strong Wind
Winter Weather
Heat Wave
Ice Storm
Tornado
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 $2,422$29,064
Home Insurance *$491$5,892
Property Taxes $207$2,484
Electricity $228$2,745
Total$3,348$40,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,788/yr
40% on housing$100,440/yr
45% on housing$89,280/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

$149This 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
2026-06-30Listed for sale$479,000
2022-03-03Sold--
2022-01-21Listed for sale$440,000

For Sale by Agent

AgentRobbie Robinson
BrokerageRobinson & Associates Real Estate

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