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1507 E Highland Dr; Hobbs, NM Property Details

1507 E Highland Dr, Hobbs, NM is a Single Family that was built in 1991. This property is currently Financed and is not for sale. Our records show that 1507 E Highland Dr has 3 bedrooms, and a total of 1,359 square feet. The lot size of 1507 E Highland Dr is 7,297 square feet.

Off market
1507 E Highland Dr Hobbs, NM 88240
$109,000 Listing Price
3 Beds
1,359 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1991
  • Purchase Price: $10,846,600
  • Open Loans / Balance: 2 / $7,834,670
  • Est. Equity / %: $-7,656,670 / -4,301.5%
  • APN: 4 000 028 060 001
  • Situs County: Lea
  • Length Of Ownership: 12 years, 9 months

Rooms

  • Bedrooms: 3

Measurements

  • Total: 1,359/SqFt
  • Lot: 7,297/SqFt
  • Price Per Square Foot: $7981.31

Legal Description

  • Description: TAYLOR EST ADD UNIT 2 BLOCK 8A LOT 16 1991-POWELL, NORMAN 81913-FLEMENS, PRISCILLA M SURV- IVING JT OF FLEMENS, NELSON L PHOT
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: 32.728672 / -103.11864
  • Subdivision: Taylor Est Add
  • Property Class: Residential

Amenities

  • Plus Four: 1604

Ownership Info

1507 E Highland Dr has no associated ownership info
1507 E Highland Dr has no associated ownership info.

Taxes

1507 E Highland Dr has 10 associated Taxes items

1507 E Highland 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 $37,952. The APN we've located for 1507 E Highland Dr is 4 000 028 060 001.

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Taxes
  • Assessed Value:  $37,952
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 028 060 001
  • Assessed Land Value:  4352
  • Market Land Value:  13056
  • Tax Amount:  1024.29
  • Tax Year:  2025
  • Market Value:  113856
  • Market Year:  2025

Tax History

1507 E Highland Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,952 Land Value $4,352 Improvement Value $33,600 Tax Amount $1,024.29 Change Rate +0.01717% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $36,846 Land Value $4,225 Improvement Value $32,621 Tax Amount $1,007 Change Rate +0.016094% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $35,773 Land Value $4,102 Improvement Value $31,671 Tax Amount $991.05 Change Rate +0.043265% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $35,773 Land Value $4,102 Improvement Value $31,671 Tax Amount $949.95 Change Rate +0.032655% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $33,720 Land Value $3,867 Improvement Value $29,853 Tax Amount $919.91 Change Rate +0.015297% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $33,720 Land Value $3,867 Improvement Value $29,853 Tax Amount $906.05 Change Rate +0.017451% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $33,720 Land Value $3,867 Improvement Value $29,853 Tax Amount $890.51 Change Rate -0.152113% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $33,720 Land Value $3,867 Improvement Value $29,853 Tax Amount $1,050.27 Change Rate Assessed CR Tax Rate +0.031147%
Year 2017 Assessed Value $101,160 Land Value $11,601 Improvement Value $89,559 Tax Amount $1,050.27 Change Rate Assessed CR Tax Rate +0.010382%
Year 2016 Assessed Value $101,160 Land Value $11,601 Improvement Value $89,559 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $101,160 Land Value $11,601 Improvement Value $89,559 Tax Amount $888.19 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $101,160 Land Value $11,601 Improvement Value $89,559 Tax Amount Change Rate Assessed CR Tax Rate