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103 W Rainbow Dr; Hobbs, NM Property Details

103 W Rainbow Dr, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 103 W Rainbow Dr is 9,250 square feet.

Off market
103 W Rainbow Dr Hobbs, NM 88240
$20,230 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Est. Equity / %: $149,000 / 100%
  • APN: 4 000 110 500 001
  • Situs County: Lea

Measurements

  • Lot: 9,250/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 4 LOT 10 700-MORRISON, EVA 42803-RYAN, DONNA K PHOTO 04102015 61818 RIVAS, MICKEY
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: 32.687675 / -103.13708
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7329

Ownership Info

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

Taxes

103 W Rainbow Dr has 10 associated Taxes items

103 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 $20,230. The APN we've located for 103 W Rainbow Dr is 4 000 110 500 001.

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Taxes
  • Assessed Value:  $20,230
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 110 500 001
  • Assessed Land Value:  837
  • Market Land Value:  2511
  • Tax Amount:  545.99
  • Tax Year:  2025
  • Market Value:  60690
  • Market Year:  2025

Tax History

103 W Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,230 Land Value $837 Improvement Value $19,393 Tax Amount $545.99 Change Rate +0.017139% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $19,641 Land Value $813 Improvement Value $18,828 Tax Amount $536.79 Change Rate +0.016109% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $19,069 Land Value $789 Improvement Value $18,280 Tax Amount $528.28 Change Rate +0.043228% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $19,069 Land Value $789 Improvement Value $18,280 Tax Amount $506.39 Change Rate +0.032669% Assessed CR Tax Rate +0.026556%
Year 2021 Assessed Value $17,975 Land Value $744 Improvement Value $17,231 Tax Amount $490.37 Change Rate +0.045788% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $17,451 Land Value $722 Improvement Value $16,729 Tax Amount $468.9 Change Rate +0.047962% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $16,943 Land Value $701 Improvement Value $16,242 Tax Amount $447.44 Change Rate -0.105674% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $16,450 Land Value $681 Improvement Value $15,769 Tax Amount $500.31 Change Rate +0.029995% Assessed CR Tax Rate +0.030414%
Year 2017 Assessed Value $47,913 Land Value $1,983 Improvement Value $45,930 Tax Amount $485.74 Change Rate Assessed CR Tax Rate +0.010138%
Year 2016 Assessed Value $46,518 Land Value $1,926 Improvement Value $44,592 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $46,461 Land Value $1,869 Improvement Value $44,592 Tax Amount $382.18 Change Rate Assessed CR Tax Rate +0.008226%
Year 2014 Assessed Value $42,264 Land Value $1,815 Improvement Value $40,449 Tax Amount Change Rate Assessed CR Tax Rate