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1500 E Rancho Rd; Hobbs, NM Property Details

1500 E Rancho Rd, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 1500 E Rancho Rd is 184,694 square feet.

Off market
1500 E Rancho Rd Hobbs, NM 88242
$46,290 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $262,000 / 100%
  • APN: 4 000 402 440 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 7 months

Measurements

  • Lot: 184,694/SqFt

Legal Description

  • Description: SECTION-02 TOWNSHIP-18S RANGE-38E 4.24 AC SW4NE4 TR BEG S0D4E 1360 & S89D58E 2700 FROM NW COR SEC 2, TH S0D4E 615, S89D58E 30
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.77867 / -103.11843
  • Property Class: Residential

Amenities

  • Plus Four: 0560

Ownership Info

1500 E Rancho Rd has no associated ownership info
1500 E Rancho Rd has no associated ownership info.

Taxes

1500 E Rancho Rd has 10 associated Taxes items

1500 E Rancho Rd, 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 $46,290. The APN we've located for 1500 E Rancho Rd is 4 000 402 440 001.

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Taxes
  • Assessed Value:  $46,290
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 402 440 001
  • Assessed Land Value:  5000
  • Market Land Value:  15000
  • Tax Amount:  1071.84
  • Tax Year:  2025
  • Market Value:  138870
  • Market Year:  2025

Tax History

1500 E Rancho Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,290 Land Value $5,000 Improvement Value $41,290 Tax Amount $1,071.84 Change Rate -0.011992% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $46,290 Land Value $5,000 Improvement Value $41,290 Tax Amount $1,084.85 Change Rate -0.0131% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $46,290 Land Value $5,000 Improvement Value $41,290 Tax Amount $1,099.25 Change Rate +0.72407% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $46,290 Land Value $5,000 Improvement Value $41,290 Tax Amount $637.59 Change Rate +0.032534% Assessed CR Tax Rate +0.013774%
Year 2021 Assessed Value $26,493 Land Value $3,524 Improvement Value $22,969 Tax Amount $617.5 Change Rate +0.050778% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $25,721 Land Value $3,421 Improvement Value $22,300 Tax Amount $587.66 Change Rate +0.050857% Assessed CR Tax Rate +0.022847%
Year 2019 Assessed Value $24,971 Land Value $3,321 Improvement Value $21,650 Tax Amount $559.22 Change Rate -0.263729% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $24,243 Land Value $3,224 Improvement Value $21,019 Tax Amount $759.53 Change Rate +0.029997% Assessed CR Tax Rate +0.03133%
Year 2017 Assessed Value $70,611 Land Value $9,390 Improvement Value $61,221 Tax Amount $737.41 Change Rate Assessed CR Tax Rate +0.010443%
Year 2016 Assessed Value $68,556 Land Value $9,117 Improvement Value $59,439 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $66,558 Land Value $8,850 Improvement Value $57,708 Tax Amount $451.06 Change Rate Assessed CR Tax Rate +0.006777%
Year 2014 Assessed Value $64,620 Land Value $8,592 Improvement Value $56,028 Tax Amount Change Rate Assessed CR Tax Rate