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5109 N Ja Rob Ln, Hobbs, NM, 88242

4beds
2baths
2,219sqft
$450,000
$203price/sqft
$3,053/moest. monthly cost
$122,120/yrincome needed

About This Home

Very beautiful single family home located in the center of millen dr. off Ja-rob Ln. Love the spacious front and back yards as well as a side area that we have apple, pear, and peach trees on. There is a sun room and a 4th bedroom that we currently use as a home gym. There are 2 separate covered patios in the backyard as well as 3 big trees that makes the afternoons and evenings perfect with all the shade. This property has lots of room for animals, family, parties, etc. its 1.14 acres and lots of parking both out front as well as on the circle drive. 2 sheds with over 400 sq ft of space each, plus an open covered storage for whatever youd need out of the rain. plenty of space for a garden or pool and so much more. We have loved this home and hope the next family or person will enjoy it as much as we have.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

6/10
4/10
8/10
Hobbs High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Metal

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range / Oven,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Carpet,Laminate
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat pump
  • Cooling features: Other

Interior Area

  • Total interior livable area: 2,219 sqft

Property

Details

  • Parcel number: 4000428320001

Features

  • Exterior features: Shingle,Wood,Wood products,Brick,Cement / Concrete,Metal
  • Has spa: Yes
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 1.14 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached,Off-street,On-street

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 FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Cold Wave
Hail
Strong Wind

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 $2,275$27,300
Home Insurance *$426$5,112
Property Taxes $195$2,340
Electricity $157$1,893
Total$3,053$36,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,674/yr
40% on housing$91,590/yr
45% on housing$81,413/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

$203This listing

vs Other Active Listings

Avg $/sqft

ZIP 88242$310
Lea County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 88242$179
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)

No zestimate history available

Price History

DateEventPrice
2026-08-15Pending sale$450,000
2026-07-29Price change$450,000
2026-07-07Price change$475,000
2026-06-11Listed for sale$498,500
2015-02-27Sold--
2014-11-19Price change$270,000
2014-11-07Listed for sale$280,000

For Sale by Owner

AgentProperty Owner

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