Taxes
- Assessed Value: $36,072
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 018 980 001
- Assessed Land Value: 4102
- Market Land Value: 12306
- Tax Amount: 973.55
- Tax Year: 2025
- Market Value: 108216
- Market Year: 2025
1507 N Penasco Dr; Hobbs, NM Property Details
Off market
1507 N Penasco Dr Hobbs, NM 88240
$116,000 Listing Price
3 Beds
0.5 Baths
1,090 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1954
- Open Loans / Balance: 1 / $42,689
- Est. Equity / %: $115,311 / 72.98%
- Inv. Liens: 1
- APN: 4 000 018 980 001
- Situs County: Lea
- Length Of Ownership: 6 years
Rooms
- Bedrooms: 3
- Bathrooms: 0.5
Measurements
- Total: 1,090/SqFt
- Lot: 8,740/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 14 LOT 6
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: 32.71573 / -103.1188
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 4636
HOA
- H O A One Type: Home Owner Association
Ownership Info
1507 N Penasco Dr has no associated ownership info
1507 N Penasco Dr has no associated ownership info.
Taxes
1507 N Penasco Dr has 10 associated Taxes items
1507 N 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 $36,072. The APN we've located for 1507 N Penasco Dr is 4 000 018 980 001.
Unlock the full reportTax History
1507 N Penasco Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $36,072 | Land Value $4,102 | Improvement Value $31,970 | Tax Amount $973.55 | Change Rate +0.017124% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $35,022 | Land Value $3,983 | Improvement Value $31,039 | Tax Amount $957.16 | Change Rate +0.016093% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $34,002 | Land Value $3,867 | Improvement Value $30,135 | Tax Amount $942 | Change Rate +0.012925% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $34,002 | Land Value $3,867 | Improvement Value $30,135 | Tax Amount $929.98 | Change Rate +0.002566% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $34,002 | Land Value $3,867 | Improvement Value $30,135 | Tax Amount $927.6 | Change Rate +0.644244% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $20,996 | Land Value $2,500 | Improvement Value $18,496 | Tax Amount $564.15 | Change Rate +0.01744% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $20,996 | Land Value $2,500 | Improvement Value $18,496 | Tax Amount $554.48 | Change Rate -0.067913% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $20,996 | Land Value $2,500 | Improvement Value $18,496 | Tax Amount $594.88 | Change Rate | Assessed CR | Tax Rate +0.028333% |
| Year 2017 | Assessed Value $62,988 | Land Value $7,500 | Improvement Value $55,488 | Tax Amount $594.88 | Change Rate | Assessed CR | Tax Rate +0.009444% |
| Year 2016 | Assessed Value $62,988 | Land Value $7,500 | Improvement Value $55,488 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $62,988 | Land Value $7,500 | Improvement Value $55,488 | Tax Amount $394.99 | Change Rate | Assessed CR | Tax Rate +0.006271% |
| Year 2014 | Assessed Value $62,988 | Land Value $7,500 | Improvement Value $55,488 | Tax Amount | Change Rate | Assessed CR | Tax Rate |