Taxes
- Assessed Value: $14,460
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 035 600 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 336.3
- Tax Year: 2025
- Market Value: 43380
- Market Year: 2025
111 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 $14,460. The APN we've located for 111 E Palace Ave is 4 000 035 600 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $14,460 | Land Value $867 | Improvement Value $13,593 | Tax Amount $336.3 | Change Rate +0.022095% | Assessed CR | Tax Rate +0.023257% |
| Year 2024 | Assessed Value $14,039 | Land Value $842 | Improvement Value $13,197 | Tax Amount $329.03 | Change Rate +0.021198% | Assessed CR | Tax Rate +0.023437% |
| Year 2023 | Assessed Value $13,630 | Land Value $817 | Improvement Value $12,813 | Tax Amount $322.2 | Change Rate +0.048726% | Assessed CR | Tax Rate +0.023639% |
| Year 2022 | Assessed Value $13,630 | Land Value $817 | Improvement Value $12,813 | Tax Amount $307.23 | Change Rate +0.038115% | Assessed CR | Tax Rate +0.022541% |
| Year 2021 | Assessed Value $12,848 | Land Value $770 | Improvement Value $12,078 | Tax Amount $295.95 | Change Rate +0.051594% | Assessed CR | Tax Rate +0.023035% |
| Year 2020 | Assessed Value $12,474 | Land Value $748 | Improvement Value $11,726 | Tax Amount $281.43 | Change Rate +0.054084% | Assessed CR | Tax Rate +0.022561% |
| Year 2019 | Assessed Value $12,110 | Land Value $726 | Improvement Value $11,384 | Tax Amount $266.99 | Change Rate -0.214181% | Assessed CR | Tax Rate +0.022047% |
| Year 2018 | Assessed Value $11,757 | Land Value $705 | Improvement Value $11,052 | Tax Amount $339.76 | Change Rate +0.03189% | Assessed CR | Tax Rate +0.028899% |
| Year 2017 | Assessed Value $34,242 | Land Value $2,052 | Improvement Value $32,190 | Tax Amount $329.26 | Change Rate | Assessed CR | Tax Rate +0.009616% |
| Year 2016 | Assessed Value $33,243 | Land Value $1,992 | Improvement Value $31,251 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $32,277 | Land Value $1,935 | Improvement Value $30,342 | Tax Amount $230.72 | Change Rate | Assessed CR | Tax Rate +0.007148% |
| Year 2014 | Assessed Value $31,335 | Land Value $1,878 | Improvement Value $29,457 | Tax Amount | Change Rate | Assessed CR | Tax Rate |