Taxes
- Assessed Value: $39,436
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 056 160 001
- Assessed Land Value: 4244
- Market Land Value: 12732
- Tax Amount: 1064.33
- Tax Year: 2025
- Market Value: 118308
- Market Year: 2025
1220 N Gulf 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 $39,436. The APN we've located for 1220 N Gulf St is 4 000 056 160 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $39,436 | Land Value $4,244 | Improvement Value $35,192 | Tax Amount $1,064.33 | Change Rate +0.017154% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $38,287 | Land Value $4,120 | Improvement Value $34,167 | Tax Amount $1,046.38 | Change Rate +0.01609% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $37,172 | Land Value $4,000 | Improvement Value $33,172 | Tax Amount $1,029.81 | Change Rate +0.012915% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $37,172 | Land Value $4,000 | Improvement Value $33,172 | Tax Amount $1,016.68 | Change Rate +0.002564% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $37,172 | Land Value $4,000 | Improvement Value $33,172 | Tax Amount $1,014.08 | Change Rate +0.015288% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $37,172 | Land Value $4,000 | Improvement Value $33,172 | Tax Amount $998.81 | Change Rate +2.827738% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $11,881 | Land Value $812 | Improvement Value $11,069 | Tax Amount $260.94 | Change Rate -0.218579% | Assessed CR | Tax Rate +0.021963% |
| Year 2018 | Assessed Value $11,535 | Land Value $788 | Improvement Value $10,747 | Tax Amount $333.93 | Change Rate +0.031858% | Assessed CR | Tax Rate +0.028949% |
| Year 2017 | Assessed Value $33,597 | Land Value $2,295 | Improvement Value $31,302 | Tax Amount $323.62 | Change Rate | Assessed CR | Tax Rate +0.009632% |
| Year 2016 | Assessed Value $32,619 | Land Value $2,229 | Improvement Value $30,390 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $31,668 | Land Value $2,163 | Improvement Value $29,505 | Tax Amount $225.36 | Change Rate | Assessed CR | Tax Rate +0.007116% |
| Year 2014 | Assessed Value $30,747 | Land Value $2,100 | Improvement Value $28,647 | Tax Amount | Change Rate | Assessed CR | Tax Rate |