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116 W Vega Dr; Hobbs, NM Property Details

116 W Vega Dr, Hobbs, NM is a Single Family that was built in 1950. This property is currently Financed,Intra-Family and is not for sale. Our records show that 116 W Vega Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,439 square feet. The lot size of 116 W Vega Dr is 8,240 square feet.

For Rent
116 W Vega Dr Hobbs, NM 88240
$1,400 Listing Price
3 Beds
2 Baths
1,439 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1950
  • Purchase Price: $11,122,200
  • Open Loans / Balance: 1 / $8,306,380
  • Est. Equity / %: $-8,125,380 / -4,489.16%
  • APN: 4 000 024 850 001
  • Situs County: Lea
  • Length Of Ownership: 11 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,439/SqFt
  • Lot: 8,240/SqFt
  • Price Per Square Foot: $7729.12

Legal Description

  • Description: BROADMOOR ADD UNIT 2 BLOCK 13 LOT 4 4907-BLYMN,ROBERT SCOTT TRUST 82008-BLYMM, ROBERT SCOTT PHOTO 0309 1222013-BRYANT, HAROLD
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: 32.71506 / -103.13599
  • Subdivision: Broadmoor Add
  • Property Class: Residential

Amenities

  • Plus Four: 4448

Ownership Info

116 W Vega Dr has no associated ownership info
116 W Vega Dr has no associated ownership info.

Taxes

116 W Vega Dr has 10 associated Taxes items

116 W Vega 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 $32,944. The APN we've located for 116 W Vega Dr is 4 000 024 850 001.

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Taxes
  • Assessed Value:  $32,944
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 024 850 001
  • Assessed Land Value:  3181
  • Market Land Value:  9543
  • Tax Amount:  889.13
  • Tax Year:  2025
  • Market Value:  98832
  • Market Year:  2025

Tax History

116 W Vega Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,944 Land Value $3,181 Improvement Value $29,763 Tax Amount $889.13 Change Rate +0.017172% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $31,984 Land Value $3,088 Improvement Value $28,896 Tax Amount $874.12 Change Rate +0.016111% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $31,052 Land Value $2,998 Improvement Value $28,054 Tax Amount $860.26 Change Rate +0.043283% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $31,052 Land Value $2,998 Improvement Value $28,054 Tax Amount $824.57 Change Rate +0.032636% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $29,270 Land Value $2,826 Improvement Value $26,444 Tax Amount $798.51 Change Rate +0.045718% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $28,418 Land Value $2,744 Improvement Value $25,674 Tax Amount $763.6 Change Rate +0.047994% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $27,590 Land Value $2,664 Improvement Value $24,926 Tax Amount $728.63 Change Rate -0.12154% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $26,786 Land Value $2,586 Improvement Value $24,200 Tax Amount $829.44 Change Rate +0.029989% Assessed CR Tax Rate +0.030965%
Year 2017 Assessed Value $78,018 Land Value $7,533 Improvement Value $70,485 Tax Amount $805.29 Change Rate Assessed CR Tax Rate +0.010322%
Year 2016 Assessed Value $75,747 Land Value $7,314 Improvement Value $68,433 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $73,542 Land Value $7,101 Improvement Value $66,441 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $73,542 Land Value $7,101 Improvement Value $66,441 Tax Amount Change Rate Assessed CR Tax Rate