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129 W Alto Dr; Hobbs, NM Property Details

129 W Alto Dr, Hobbs, NM is a Single Family that was built in 1987. This property is currently Financed,Intra-Family and is not for sale. Our records show that 129 W Alto Dr has 3 bedrooms, and a total of 1,961 square feet. The lot size of 129 W Alto Dr is 8,819 square feet.

Off market
129 W Alto Dr Hobbs, NM 88240
$110,000 Listing Price
3 Beds
1,961 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $12,500,000
  • Open Loans / Balance: 1 / $7,498,927
  • Est. Equity / %: $-7,317,927 / -4,043.05%
  • APN: 4 000 016 510 001
  • Situs County: Lea
  • Length Of Ownership: 11 years, 5 months

Rooms

  • Bedrooms: 3

Measurements

  • Total: 1,961/SqFt
  • Lot: 8,819/SqFt
  • Price Per Square Foot: $6374.30

Legal Description

  • Description: BROADMOOR ADD UNIT 11 BLOCK 21B LOT 29 1987-CHENEY, ROBERT D 70516679 499-COKER, ROBERT DANE 11615-COLLINS,REUBIN JR & LORETT
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.717884 / -103.13694
  • Subdivision: Broadmoor Add
  • Property Class: Residential

Amenities

  • Plus Four: 3301

Ownership Info

129 W Alto Dr has no associated ownership info
129 W Alto Dr has no associated ownership info.

Taxes

129 W Alto Dr has 10 associated Taxes items

129 W 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 $48,371. The APN we've located for 129 W Alto Dr is 4 000 016 510 001.

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Taxes
  • Assessed Value:  $48,371
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 016 510 001
  • Assessed Land Value:  2814
  • Market Land Value:  8442
  • Tax Amount:  1305.48
  • Tax Year:  2025
  • Market Value:  145113
  • Market Year:  2025

Tax History

129 W Alto Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,371 Land Value $2,814 Improvement Value $45,557 Tax Amount $1,305.48 Change Rate +0.017149% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $46,962 Land Value $2,732 Improvement Value $44,230 Tax Amount $1,283.47 Change Rate +0.016095% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $45,594 Land Value $2,652 Improvement Value $42,942 Tax Amount $1,263.14 Change Rate +0.043305% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $45,594 Land Value $2,652 Improvement Value $42,942 Tax Amount $1,210.71 Change Rate +0.032624% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $42,977 Land Value $2,500 Improvement Value $40,477 Tax Amount $1,172.46 Change Rate +0.01531% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $42,977 Land Value $2,500 Improvement Value $40,477 Tax Amount $1,154.78 Change Rate +0.017436% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $42,977 Land Value $2,500 Improvement Value $40,477 Tax Amount $1,134.99 Change Rate -0.136437% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $42,977 Land Value $2,500 Improvement Value $40,477 Tax Amount $1,314.31 Change Rate Assessed CR Tax Rate +0.030582%
Year 2017 Assessed Value $128,931 Land Value $7,500 Improvement Value $121,431 Tax Amount $1,314.31 Change Rate +3.403196% Assessed CR Tax Rate +0.010194%
Year 2016 Assessed Value $128,931 Land Value $7,500 Improvement Value $121,431 Tax Amount $298.49 Change Rate +0.124002% Assessed CR Tax Rate +0.002315%
Year 2015 Assessed Value $128,931 Land Value $7,500 Improvement Value $121,431 Tax Amount $265.56 Change Rate +0.07072% Assessed CR Tax Rate +0.00206%
Year 2014 Assessed Value $72,234 Land Value $6,027 Improvement Value $66,207 Tax Amount $248.02 Change Rate Assessed CR Tax Rate +0.003434%