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1500 E Penasco Dr; Hobbs, NM Property Details

1500 E Penasco Dr, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 1500 E Penasco Dr is 13,084 square feet.

Off market
1500 E Penasco Dr Hobbs, NM 88240
$57,924 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $194,000 / 100%
  • APN: 4 000 117 180 001
  • Situs County: Lea

Measurements

  • Lot: 13,084/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 5 LOT 8
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.722782 / -103.118706
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3255

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1500 E Penasco Dr has no associated ownership info
1500 E Penasco Dr has no associated ownership info.

Taxes

1500 E Penasco Dr has 10 associated Taxes items

1500 E Penasco 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 $57,924. The APN we've located for 1500 E Penasco Dr is 4 000 117 180 001.

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Taxes
  • Assessed Value:  $57,924
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 117 180 001
  • Assessed Land Value:  4691
  • Market Land Value:  14073
  • Tax Amount:  1563.32
  • Tax Year:  2025
  • Market Value:  173772
  • Market Year:  2025

Tax History

1500 E Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,924 Land Value $4,691 Improvement Value $53,233 Tax Amount $1,563.32 Change Rate +0.13884% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $50,228 Land Value $4,554 Improvement Value $45,674 Tax Amount $1,372.73 Change Rate -0.01088% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $50,095 Land Value $4,421 Improvement Value $45,674 Tax Amount $1,387.83 Change Rate +0.306414% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $50,095 Land Value $4,421 Improvement Value $45,674 Tax Amount $1,062.32 Change Rate +0.032642% Assessed CR Tax Rate +0.021206%
Year 2021 Assessed Value $37,709 Land Value $4,167 Improvement Value $33,542 Tax Amount $1,028.74 Change Rate +0.015287% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $37,709 Land Value $4,167 Improvement Value $33,542 Tax Amount $1,013.25 Change Rate +0.017462% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $37,709 Land Value $4,167 Improvement Value $33,542 Tax Amount $995.86 Change Rate -0.150971% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $37,709 Land Value $4,167 Improvement Value $33,542 Tax Amount $1,172.94 Change Rate Assessed CR Tax Rate +0.031105%
Year 2017 Assessed Value $113,127 Land Value $12,501 Improvement Value $100,626 Tax Amount $1,172.94 Change Rate Assessed CR Tax Rate +0.010368%
Year 2016 Assessed Value $85,740 Land Value $9,300 Improvement Value $76,440 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $85,740 Land Value $9,300 Improvement Value $76,440 Tax Amount $752.8 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $85,740 Land Value $9,300 Improvement Value $76,440 Tax Amount Change Rate Assessed CR Tax Rate