707 W Illinois St, Hobbs, NM, 88242
About This Home
Situated on .75 acres, this beautifully updated 4 bed, 2.5-bath home offers the space and finishes today's buyers are looking for. From the moment you step inside, you'll appreciate the fresh designer color palette, gorgeous lighting, and durable wood-look luxury vinyl flooring that flows throughout the home. The spacious primary suite is an absolute retreat, featuring a cozy fireplace, beautiful brick accent wall, private access to the back patio, and a spa-inspired ensuite bathroom, with a soaking tub, separate shower, and dual vanities. Upstairs, you'll find three additional bedrooms, a full bath, and a large loft that's perfect for a media room, game room, second living area, or home office. Outside, the property is just as impressive. The beautifully landscaped yard creates the perfect setting for entertaining, while the detached garage/workshop provides endless possibilities for hobbies, storage, or extra parking in addition to the attached 2-car garage.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1983
Materials
- Construction materials: Brick,Concrete
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bathroom
- Features: Double Sinks
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Partial bathrooms: 1
- Main level bedrooms: 1
Features
- Ceiling Fan(s),Fireplace,Loft,Vaulted Ceiling(s),Wet Bar,Mud
- Flooring: Carpet,Laminate,Tile
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area above ground: 3,199
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central Air
Interior Area
- Total structure area: 3,199
- Total interior livable area: 3,199 sqft
Property
Details
- Parcel number: 4 000 777 480 001
- Exclusions: Play Gym,Swing Set,Video Door Bell(s)
Features
- Patio & porch: Patio Covered
- Exterior features: Deck,Front Sprinkler System,Storage Shed
- Fencing: Back Yard,Front Yard
- Topography of land: Back Yard, Front Yard, Sprinklers In Front
Lot
- Lot size: 0.75 Acres
Parking
- Total spaces: 2
- Parking features: 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
- 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 | $3,185 | $38,220 |
| Home Insurance * | $597 | $7,164 |
| Property Taxes | $273 | $3,276 |
| Electricity | $227 | $2,729 |
| Total | $4,282 | $51,384 |
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 |
|---|---|---|
| 2026-08-07 | Pending sale | $630,000 |
| 2026-07-30 | Listed for sale | $630,000 |
| 2024-12-16 | Sold | -- |
| 2024-11-16 | Pending sale | $615,000 |
| 2024-09-09 | Listed for sale | $615,000 |
| 2024-08-29 | Pending sale | $615,000 |
| 2024-08-22 | Listed for sale | $615,000 |
| 2020-01-31 | Sold | -- |
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