418 W Martin St, Hobbs, NM, 88242
About This Home
This inviting brick home offers excellent curb appeal with mature landscaping, a wide concrete driveway, and a covered carport. The open-concept design features hardwood flooring, high ceilings with recessed lighting, and a seamless flow for family living and entertaining. The kitchen boasts white cabinetry, a large central island with seating, stainless steel appliances, and ample counter space. It flows directly into a spacious, light-filled dining area. A cozy living room with a striking stone-surround fireplace serves as the home's focal point. Multiple well-sized bedrooms, including a large master suite. The updated bathrooms include a luxurious master bath with dual sinks and a soaking tub, and a walk-in shower with modern tile finishes. Additional flexible spaces include a dedicated home office/gym room, a large game/playroom ideal for kids or hobbies and a generously sized laundry room equipped with a full-size washer/dryer, cabinet storage, and a craft area.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1982
Materials
- Roof: Metal
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bathroom
- Features: Double Sinks
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Features
- Ceiling Fan(s)
- Flooring: Carpet,Hardwood,Tile,Floor - Slab
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area above ground: 2,980
Interior Area
- Total structure area: 2,980
- Total interior livable area: 2,980 sqft
Property
Details
- Parcel number: 4000752810001
Features
- Patio & porch: Patio Covered
- Exterior features: Front Sprinkler System
Lot
- Lot size: 0.46 Acres
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
- Lightning
- Wildfire
- Winter Weather
- Cold Wave
- Hail
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Lea County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,123 | $25,476 |
| Home Insurance * | $398 | $4,776 |
| Property Taxes | $182 | $2,184 |
| Electricity | $211 | $2,542 |
| Total | $2,914 | $34,968 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-18 | Pending sale | $420,000 |
| 2026-07-08 | Listed for sale | $420,000 |
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