Taxes
- Assessed Value: $12,727
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 013 340 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 289.51
- Tax Year: 2025
- Market Value: 38181
- Market Year: 2025
103 E Palace Ave, 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 $12,727. The APN we've located for 103 E Palace Ave is 4 000 013 340 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $12,727 | Land Value $867 | Improvement Value $11,860 | Tax Amount $289.51 | Change Rate +0.022787% | Assessed CR | Tax Rate +0.022748% |
| Year 2024 | Assessed Value $12,357 | Land Value $842 | Improvement Value $11,515 | Tax Amount $283.06 | Change Rate +0.022025% | Assessed CR | Tax Rate +0.022907% |
| Year 2023 | Assessed Value $11,997 | Land Value $817 | Improvement Value $11,180 | Tax Amount $276.96 | Change Rate +0.049687% | Assessed CR | Tax Rate +0.023086% |
| Year 2022 | Assessed Value $11,997 | Land Value $817 | Improvement Value $11,180 | Tax Amount $263.85 | Change Rate +0.039025% | Assessed CR | Tax Rate +0.021993% |
| Year 2021 | Assessed Value $11,308 | Land Value $770 | Improvement Value $10,538 | Tax Amount $253.94 | Change Rate +0.052514% | Assessed CR | Tax Rate +0.022457% |
| Year 2020 | Assessed Value $10,979 | Land Value $748 | Improvement Value $10,231 | Tax Amount $241.27 | Change Rate +0.055009% | Assessed CR | Tax Rate +0.021976% |
| Year 2019 | Assessed Value $10,659 | Land Value $726 | Improvement Value $9,933 | Tax Amount $228.69 | Change Rate -0.231346% | Assessed CR | Tax Rate +0.021455% |
| Year 2018 | Assessed Value $10,349 | Land Value $705 | Improvement Value $9,644 | Tax Amount $297.52 | Change Rate +0.03216% | Assessed CR | Tax Rate +0.028749% |
| Year 2017 | Assessed Value $30,141 | Land Value $2,052 | Improvement Value $28,089 | Tax Amount $288.25 | Change Rate -0.390914% | Assessed CR | Tax Rate +0.009563% |
| Year 2016 | Assessed Value $29,262 | Land Value $1,992 | Improvement Value $27,270 | Tax Amount $473.25 | Change Rate +0.091217% | Assessed CR | Tax Rate +0.016173% |
| Year 2015 | Assessed Value $28,410 | Land Value $1,935 | Improvement Value $26,475 | Tax Amount $433.69 | Change Rate +1.206063% | Assessed CR | Tax Rate +0.015265% |
| Year 2014 | Assessed Value $27,582 | Land Value $1,878 | Improvement Value $25,704 | Tax Amount $196.59 | Change Rate | Assessed CR | Tax Rate +0.007127% |