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700 E Baja Dr, Hobbs, NM, 88240

3beds
3baths
3,459sqft
$397,900
$115price/sqft
$2,836/moest. monthly cost
$113,440/yrincome needed

About This Home

This well-appointed home offers an impressive combination of living space, storage, and functionality that is rarely found at this price point. Inside, you'll find a formal dining room, a cozy breakfast nook, a dedicated family room, and a bright sunroom giving every member of the household a space to call their own. All three bedrooms are generously sized, with the master suite offering the extra room and privacy you'd expect. A large bonus room provides flexible space for a home office, playroom, media room, or guest suite however your lifestyle demands. Outside, the covered patio is ideal for entertaining, and the workshop is a standout feature for hobbyists, tradespeople, or serious DIYers. The property includes a 2-car attached garage, a spacious circle drive for easy access, and a separate side driveway leading to a detached garage outstanding vehicle and storage capacity for the area. If square footage, versatility, and practical storage matter to you, this home delivers across every category. Call United Realty at 575-392-3000 to schedule an appointment today.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

6/10
4/10
8/10
Hobbs High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Pitched
  • Construction materials: Brick

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Partial bathrooms: 1

Features

  • Ceiling Fan(s),Fireplace,Walk-In Closet(s)
  • Flooring: Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 3,459
  • Total interior livable area: 3,459 sqft

Property

Details

  • Parcel number: 4000005170001

Features

  • Stories: 1
  • Patio & porch: Patio Covered
  • Fencing: Block
  • Topography of land: Block, Irregular Lot

Parking

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

  • 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 $2,011$24,132
Home Insurance *$408$4,896
Property Taxes $172$2,064
Electricity $245$2,951
Total$2,836$34,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,234/yr
40% on housing$85,080/yr
45% on housing$75,626/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

$115This 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
2026-07-01Price change$397,900
2026-06-04Listed for sale$399,900

For Sale by Agent

AgentRodney L Davis
BrokerageUnited Realty, LLC - Hobbs

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