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1203 W College Ln; Hobbs, NM Property Details

1203 W College Ln, Hobbs, NM is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 1203 W College Ln has 3 bedrooms, and a total of 2,588 square feet. The lot size of 1203 W College Ln is 37,462 square feet.

Off market
1203 W College Ln Hobbs, NM 88242
$650,500 Listing Price
3 Beds
2,588 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $768,075
  • Open Loans / Balance: 1 / $99,911
  • Est. Equity / %: $566,089 / 85%
  • APN: 4 000 721 740 001
  • Situs County: Lea
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 3

Measurements

  • Total: 2,588/SqFt
  • Lot: 37,462/SqFt
  • Price Per Square Foot: $296.78

Legal Description

  • Description: SECTION-09 TOWNSHIP-18S RANGE-38E .86 AC LOC NW4 TR BEG S0D1E 30 & N89D58W 330.82 FROM NE COR NW4, TH N89D58W 150.41, SOD01E
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: 32.76891 / -103.154854
  • Subdivision: Westminster Hollow Third Village
  • Property Class: Residential

Amenities

  • Plus Four: 0831

Ownership Info

1203 W College Ln has no associated ownership info
1203 W College Ln has no associated ownership info.

Taxes

1203 W College Ln has 10 associated Taxes items

1203 W College Ln, 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 $207,292. The APN we've located for 1203 W College Ln is 4 000 721 740 001.

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Taxes
  • Assessed Value:  $207,292
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 721 740 001
  • Assessed Land Value:  21683
  • Market Land Value:  65049
  • Tax Amount:  4799.85
  • Tax Year:  2025
  • Market Value:  621876
  • Market Year:  2025

Tax History

1203 W College Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $207,292 Land Value $21,683 Improvement Value $185,609 Tax Amount $4,799.85 Change Rate -0.01199% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $207,292 Land Value $21,683 Improvement Value $185,609 Tax Amount $4,858.1 Change Rate +0.570204% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $130,288 Land Value $15,560 Improvement Value $114,728 Tax Amount $3,093.93 Change Rate +0.046835% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $130,288 Land Value $15,560 Improvement Value $114,728 Tax Amount $2,955.51 Change Rate +0.032514% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $122,809 Land Value $14,667 Improvement Value $108,142 Tax Amount $2,862.44 Change Rate +0.020136% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $122,809 Land Value $14,667 Improvement Value $108,142 Tax Amount $2,805.94 Change Rate +0.020223% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $122,809 Land Value $14,667 Improvement Value $108,142 Tax Amount $2,750.32 Change Rate -0.282077% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $122,809 Land Value $14,667 Improvement Value $108,142 Tax Amount $3,830.94 Change Rate +0.326673% Assessed CR Tax Rate +0.031194%
Year 2017 Assessed Value $285,348 Land Value $10,245 Improvement Value $275,103 Tax Amount $2,887.63 Change Rate Assessed CR Tax Rate +0.01012%
Year 2016 Assessed Value $277,038 Land Value $9,948 Improvement Value $267,090 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $268,968 Land Value $9,657 Improvement Value $259,311 Tax Amount $1,958.76 Change Rate Assessed CR Tax Rate +0.007283%
Year 2014 Assessed Value $261,132 Land Value $9,375 Improvement Value $251,757 Tax Amount Change Rate Assessed CR Tax Rate