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1040 W Lea St; Hobbs, NM Property Details

1040 W Lea St, Hobbs, NM is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1040 W Lea St has 3 bedrooms, and 2 bathrooms, and a total of 1,208 square feet. The lot size of 1040 W Lea St is 9,562 square feet.

Off market
1016 W Lea St Hobbs, NM 88240
$133,000 Listing Price
3 Beds
2 Baths
1,208 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $132,300
  • Open Loans / Balance: 1 / $117,139
  • Est. Equity / %: $52,861 / 31.09%
  • Inv. Liens: 1
  • APN: 4 000 167 430 001
  • Situs County: Lea
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,208/SqFt
  • Lot: 9,562/SqFt
  • Price Per Square Foot: $109.52

Legal Description

  • Description: WESTVIEW ADD UNIT 1 BLOCK 6 LOT 10 32317 ORNELAS, ALBERT ETUX 103017 ORNELAS, VIRGINA ETAL PHOTO 122117 8921 GRIFFIN, SHIRLEY
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: 32.709602 / -103.14805
  • Subdivision: Westview Add
  • Property Class: Residential

Amenities

  • Plus Four: 4908

Ownership Info

1016 W Lea St has no associated ownership info
1016 W Lea St has no associated ownership info.

Taxes

1016 W Lea St has 10 associated Taxes items

1040 W Lea St, 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 $39,581. The APN we've located for 1040 W Lea St is 4 000 167 430 001.

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Taxes
  • Assessed Value:  $39,581
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 167 430 001
  • Assessed Land Value:  4433
  • Market Land Value:  13299
  • Tax Amount:  1068.24
  • Tax Year:  2025
  • Market Value:  118743
  • Market Year:  2025

Tax History

1016 W Lea St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,581 Land Value $4,433 Improvement Value $35,148 Tax Amount $1,068.24 Change Rate -0.012489% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $39,581 Land Value $4,433 Improvement Value $35,148 Tax Amount $1,081.75 Change Rate -0.013497% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $39,581 Land Value $4,433 Improvement Value $35,148 Tax Amount $1,096.55 Change Rate +0.012914% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $39,581 Land Value $4,433 Improvement Value $35,148 Tax Amount $1,082.57 Change Rate +0.264389% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $31,385 Land Value $3,333 Improvement Value $28,052 Tax Amount $856.2 Change Rate +0.015285% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $31,385 Land Value $3,333 Improvement Value $28,052 Tax Amount $843.31 Change Rate +0.017446% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $31,385 Land Value $3,333 Improvement Value $28,052 Tax Amount $828.85 Change Rate -0.149793% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $31,385 Land Value $3,333 Improvement Value $28,052 Tax Amount $974.88 Change Rate +2.235579% Assessed CR Tax Rate +0.031062%
Year 2017 Assessed Value $31,344 Land Value $2,358 Improvement Value $28,986 Tax Amount $301.3 Change Rate Assessed CR Tax Rate +0.009613%
Year 2016 Assessed Value $30,432 Land Value $2,289 Improvement Value $28,143 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $29,547 Land Value $2,223 Improvement Value $27,324 Tax Amount $206.76 Change Rate Assessed CR Tax Rate +0.006998%
Year 2014 Assessed Value $28,686 Land Value $2,157 Improvement Value $26,529 Tax Amount Change Rate Assessed CR Tax Rate