Taxes
- Assessed Value: $46,650
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 128 530 001
- Assessed Land Value: 3864
- Market Land Value: 11592
- Tax Amount: 1205.06
- Tax Year: 2025
- Market Value: 139950
- Market Year: 2025
118 E Alto 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 $46,650. The APN we've located for 118 E Alto Dr is 4 000 128 530 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $46,650 | Land Value $3,864 | Improvement Value $42,786 | Tax Amount $1,205.06 | Change Rate +0.018518% | Assessed CR | Tax Rate +0.025832% |
| Year 2024 | Assessed Value $45,291 | Land Value $3,751 | Improvement Value $41,540 | Tax Amount $1,183.15 | Change Rate +0.01751% | Assessed CR | Tax Rate +0.026123% |
| Year 2023 | Assessed Value $43,972 | Land Value $3,642 | Improvement Value $40,330 | Tax Amount $1,162.79 | Change Rate +0.044801% | Assessed CR | Tax Rate +0.026444% |
| Year 2022 | Assessed Value $43,972 | Land Value $3,642 | Improvement Value $40,330 | Tax Amount $1,112.93 | Change Rate +0.034139% | Assessed CR | Tax Rate +0.02531% |
| Year 2021 | Assessed Value $41,448 | Land Value $3,433 | Improvement Value $38,015 | Tax Amount $1,076.19 | Change Rate +0.047356% | Assessed CR | Tax Rate +0.025965% |
| Year 2020 | Assessed Value $40,241 | Land Value $3,333 | Improvement Value $36,908 | Tax Amount $1,027.53 | Change Rate +0.017457% | Assessed CR | Tax Rate +0.025534% |
| Year 2019 | Assessed Value $40,241 | Land Value $3,333 | Improvement Value $36,908 | Tax Amount $1,009.9 | Change Rate -0.172593% | Assessed CR | Tax Rate +0.025096% |
| Year 2018 | Assessed Value $40,241 | Land Value $3,333 | Improvement Value $36,908 | Tax Amount $1,220.56 | Change Rate | Assessed CR | Tax Rate +0.030331% |
| Year 2017 | Assessed Value $120,723 | Land Value $9,999 | Improvement Value $110,724 | Tax Amount $1,220.56 | Change Rate | Assessed CR | Tax Rate +0.01011% |
| Year 2016 | Assessed Value $120,723 | Land Value $9,999 | Improvement Value $110,724 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $120,723 | Land Value $9,999 | Improvement Value $110,724 | Tax Amount $1,007.27 | Change Rate | Assessed CR | Tax Rate +0.008344% |
| Year 2014 | Assessed Value $120,723 | Land Value $9,999 | Improvement Value $110,724 | Tax Amount | Change Rate | Assessed CR | Tax Rate |