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101 W Rainbow Dr; Hobbs, NM Property Details

101 W Rainbow Dr, Hobbs, NM is a Single Family that was built in 1989. This property is not for sale. The lot size of 101 W Rainbow Dr is 17,298 square feet.

Off market
101 W Rainbow Dr Hobbs, NM 88240
$28,731 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Est. Equity / %: $149,000 / 100%
  • APN: 4 000 151 390 001
  • Situs County: Lea

Measurements

  • Lot: 17,298/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 4 LOT 11 1989-VALLEY FEDERAL SAVINGS BK 31103-DRAGICH, DALE MARTIN PHOTO 92222
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.68749 / -103.13669
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7329

Ownership Info

101 W Rainbow Dr has no associated ownership info
101 W Rainbow Dr has no associated ownership info.

Taxes

101 W Rainbow Dr has 10 associated Taxes items

101 W Rainbow Dr, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $28,731. The APN we've located for 101 W Rainbow Dr is 4 000 151 390 001.

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Taxes
  • Assessed Value:  $28,731
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 151 390 001
  • Assessed Land Value:  1849
  • Market Land Value:  5547
  • Tax Amount:  775.4
  • Tax Year:  2025
  • Market Value:  86193
  • Market Year:  2025

Tax History

101 W Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,731 Land Value $1,849 Improvement Value $26,882 Tax Amount $775.4 Change Rate +0.017105% Assessed CR Tax Rate +0.026988%
Year 2024 Assessed Value $27,894 Land Value $1,795 Improvement Value $26,099 Tax Amount $762.36 Change Rate +0.016101% Assessed CR Tax Rate +0.027331%
Year 2023 Assessed Value $27,082 Land Value $1,743 Improvement Value $25,339 Tax Amount $750.28 Change Rate +0.451078% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $27,082 Land Value $1,743 Improvement Value $25,339 Tax Amount $517.05 Change Rate +0.032613% Assessed CR Tax Rate +0.019092%
Year 2021 Assessed Value $18,354 Land Value $1,643 Improvement Value $16,711 Tax Amount $500.72 Change Rate +0.045759% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $17,819 Land Value $1,595 Improvement Value $16,224 Tax Amount $478.81 Change Rate +0.048022% Assessed CR Tax Rate +0.026871%
Year 2019 Assessed Value $17,300 Land Value $1,549 Improvement Value $15,751 Tax Amount $456.87 Change Rate -0.119575% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $16,796 Land Value $1,504 Improvement Value $15,292 Tax Amount $518.92 Change Rate +0.029991% Assessed CR Tax Rate +0.030895%
Year 2017 Assessed Value $48,921 Land Value $4,380 Improvement Value $44,541 Tax Amount $503.81 Change Rate Assessed CR Tax Rate +0.010298%
Year 2016 Assessed Value $47,496 Land Value $4,251 Improvement Value $43,245 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $46,113 Land Value $4,128 Improvement Value $41,985 Tax Amount $404.87 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $44,769 Land Value $4,008 Improvement Value $40,761 Tax Amount Change Rate Assessed CR Tax Rate