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1504 E Penasco Dr; Hobbs, NM Property Details

1504 E Penasco Dr, Hobbs, NM is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 1504 E Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,370 square feet. The lot size of 1504 E Penasco Dr is 7,981 square feet.

Off market
1504 E Penasco Dr Hobbs, NM 88240
$148,500 Listing Price
3 Beds
1 Baths
1,370 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $193,925
  • Open Loans / Balance: 1 / $137,042
  • Est. Equity / %: $47,958 / 25.92%
  • Inv. Liens: 1
  • APN: 4 000 328 300 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,370/SqFt
  • Lot: 7,981/SqFt
  • Price Per Square Foot: $141.55

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 5 LOT 7 52107 GAMBLE, BOBBY L ETUX 7621 RIOS, JESUS E ETUX PHOTO 82621 82522 RICKMAN, KYLE EDWA
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: 32.722786 / -103.11846
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3255

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1504 E Penasco Dr has no associated ownership info
1504 E Penasco Dr has no associated ownership info.

Taxes

1504 E Penasco Dr has 10 associated Taxes items

1504 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 $45,513. The APN we've located for 1504 E Penasco Dr is 4 000 328 300 001.

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Taxes
  • Assessed Value:  $45,513
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 328 300 001
  • Assessed Land Value:  4950
  • Market Land Value:  14850
  • Tax Amount:  1228.35
  • Tax Year:  2025
  • Market Value:  136539
  • Market Year:  2025

Tax History

1504 E Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $45,513 Land Value $4,950 Improvement Value $40,563 Tax Amount $1,228.35 Change Rate -0.012477% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $45,513 Land Value $4,950 Improvement Value $40,563 Tax Amount $1,243.87 Change Rate -0.013498% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $45,513 Land Value $4,950 Improvement Value $40,563 Tax Amount $1,260.89 Change Rate +0.146212% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $45,513 Land Value $4,950 Improvement Value $40,563 Tax Amount $1,100.05 Change Rate +1.826729% Assessed CR Tax Rate +0.02417%
Year 2021 Assessed Value $16,265 Land Value $1,883 Improvement Value $14,382 Tax Amount $389.16 Change Rate +0.050194% Assessed CR Tax Rate +0.023926%
Year 2020 Assessed Value $15,791 Land Value $1,828 Improvement Value $13,963 Tax Amount $370.56 Change Rate +0.052578% Assessed CR Tax Rate +0.023467%
Year 2019 Assessed Value $15,331 Land Value $1,775 Improvement Value $13,556 Tax Amount $352.05 Change Rate -0.240863% Assessed CR Tax Rate +0.022963%
Year 2018 Assessed Value $14,884 Land Value $1,723 Improvement Value $13,161 Tax Amount $463.75 Change Rate +0.02996% Assessed CR Tax Rate +0.031158%
Year 2017 Assessed Value $43,353 Land Value $5,019 Improvement Value $38,334 Tax Amount $450.26 Change Rate Assessed CR Tax Rate +0.010386%
Year 2016 Assessed Value $42,090 Land Value $4,872 Improvement Value $37,218 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $40,866 Land Value $4,731 Improvement Value $36,135 Tax Amount $358.81 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $39,675 Land Value $4,593 Improvement Value $35,082 Tax Amount Change Rate Assessed CR Tax Rate