1220 E Pecos Dr, Hobbs, NM, 88240
About This Home
Affordable, full of potential, and ready for its next owner! This 2-bedroom, 1-bath home features a spacious living area, a generous backyard with plenty of room to enjoy, plus a storage building for added convenience. Whether you're searching for your first home, an investment property, or a place to customize to your style, this one is worth a look. Don't miss out-schedule your showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Pitched
- Construction materials: Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Carpet,Laminate
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central Air
Property
Details
- Parcel number: 4000022030001
Features
- Patio & porch: Patio
- Exterior features: Sidewalk,Storage Shed
- Fencing: Back Yard,Wood
- Has view: Yes
- Topography of land: Back Yard, Wood
Lot
- Lot size: 8,276 sqft
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
- Cold Wave
- Hail
- Strong Wind
- Wildfire
- Winter Weather
- Heat Wave
- Ice Storm
- Tornado
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 | $809 | $9,708 |
| Home Insurance * | $164 | $1,968 |
| Property Taxes | $69 | $828 |
| Electricity | $148 | $1,780 |
| Total | $1,190 | $14,280 |
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 |
|---|---|---|
| 2026-08-09 | Pending sale | $160,000 |
| 2026-08-02 | Listed for sale | $160,000 |
View on Zillow