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1801 E Highland Dr, Hobbs, NM, 88240

3beds
2baths
2,628sqft
$290,000
$110price/sqft
$2,074/moest. monthly cost
$82,960/yrincome needed

About This Home

Great Home Located in an Established Neighborhood! Home features 3 bedrooms and 2 baths. Spacious backyard. Call Today!

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
4/10
--

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Slab
  • Roof: Pitched,Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 2
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,628
  • Total interior livable area: 2,628 sqft

Property

Details

  • Parcel number: 4000023240001

Features

  • Levels: One
  • Stories: 1
  • Fencing: Back Yard

Lot

  • Lot size: 9,430 sqft
  • Lot size dimensions: 82 x 115

Parking

  • Parking features: Attached Carport
  • 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

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

How This Home’s Risks Compare

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

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 $1,466$17,592
Home Insurance *$297$3,564
Property Taxes $125$1,500
Electricity $186$2,242
Total$2,074$24,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,108/yr
40% on housing$62,220/yr
45% on housing$55,306/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

$110This 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)

No zestimate history available

Price History

DateEventPrice
2026-03-02Listed for sale$290,000
2026-02-14Listing removed$295,000
2025-09-22Listed for sale$295,000
2025-08-28Pending sale$295,000
2024-01-08Sold--
2023-10-11Price change$289,000
2023-08-11Price change$299,000
2023-08-01Price change$316,000
2023-07-19Price change$330,000
2023-07-13Listed for sale$343,900

For Sale by Agent

AgentLeeroy Rivas
BrokerageRivas Real Estate Team Co.

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