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418 E Abo Dr, Hobbs, NM, 88240

6beds
3baths
3,789sqft
$652,000
$172price/sqft
$4,516/moest. monthly cost
$180,640/yrincome needed

About This Home

Stunning 6 Bedroom 3 Bath luxury home with an In-ground pool and air-conditioned workshop in back. Boasting Curb appeal in the Broadmoor addition with a semi-private courtyard in front and large circle drive for company. Step inside to beautiful engineered wood flooring running from wall to wall. Solid wood doors to ever room shows quality build. Overlooking front living room is a brand new Gourmet Chef Kitchen dressed with beautiful wood cabinetry, stainless steel appliances, pantry, accenting backsplash, and topped with gorgeous granite countertops.. The grand master bedroom makes large furniture look small. Master bathroom hosts a handsome claw bath and a separate shower. Large walk-in closet with handcrafted built-in shelving. Storage closets at every turn for convenience. Excellent floorplan for a larger family, giving everyone their space but still with easy bathroom access. Spacious two-bay garage with built-in custom shelving and freshly epoxied floor. Inground pool positioned with a deck area for seating and a diving board at the front. Recently replaced pool pump, heater, and liner. Back workshop has been remodeled with closing in overhead door and a mini-split for comfort while occupied. Make this remodeled Broadmoor luxury home yours today!!

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
Sanger Elementary SchoolGrades K-50.4 mi
4/10
8/10
Hobbs High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Pitched,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Built-In Range,Oven,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Pantry,Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Carpet,Hardwood,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Insert,Living Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 3,789
  • Total interior livable area: 3,789 sqft

Master Bathroom

  • Features: Double Sinks, Separate Shower

Property

Details

  • Parcel number: 4000055110001

Features

  • Levels: One
  • Stories: 1
  • Pool features: In Ground
  • Patio & porch: Patio Covered
  • Fencing: Block,Fenced

Lot

  • Features: Irregular Lot,Sidewalk

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener
  • 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 $3,296$39,552
Home Insurance *$669$8,028
Property Taxes $282$3,384
Electricity $269$3,232
Total$4,516$54,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$154,834/yr
40% on housing$135,480/yr
45% on housing$120,426/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

$172This listing

vs Other Active Listings

Avg $/sqft

ZIP 88240$152
Lea County$156

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
2025-09-23Listed for sale$652,000
2018-05-09Sold--
2018-02-23Listed for sale$358,000
2017-09-17Listing removed$369,400
2017-05-25Price change$369,400
2017-01-18Price change$372,000
2016-09-21Price change$373,000
2016-03-17Listed for sale$378,000
2013-12-23Sold--
2013-09-05Price change$375,000
2013-08-21Listed for sale$389,000

For Sale by Agent

AgentRobbie Robinson
BrokerageRobinson & Associates Real Estate

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