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1511 E Katy Ln; Hobbs, NM Property Details

1511 E Katy Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 1511 E Katy Ln is 37,289 square feet.

Off market
1511 E Katy Ln Hobbs, NM 88242
$42,689 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $12,719,000
  • Open Loans / Balance: 1 / $8,668,180
  • Est. Equity / %: $-8,404,180 / -3,183.4%
  • APN: 4 000 045 470 001
  • Situs County: Lea
  • Length Of Ownership: 13 years, 1 months

Measurements

  • Lot: 37,289/SqFt

Legal Description

  • Description: DOUGLAS ACRES SUB-DIV UNIT 2 TRACT 21 PHOTO 072519 53113-CUNNINGHAM, BRYAN & ANISSA
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.77344 / -103.11822
  • Subdivision: Douglas Acres Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 5028

Ownership Info

1511 E Katy Ln has no associated ownership info
1511 E Katy Ln has no associated ownership info.

Taxes

1511 E Katy Ln has 10 associated Taxes items

1511 E Katy Ln, 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 $42,689. The APN we've located for 1511 E Katy Ln is 4 000 045 470 001.

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Taxes
  • Assessed Value:  $42,689
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 045 470 001
  • Assessed Land Value:  6179
  • Market Land Value:  18537
  • Tax Amount:  942.16
  • Tax Year:  2025
  • Market Value:  128067
  • Market Year:  2025

Tax History

1511 E Katy Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,689 Land Value $6,179 Improvement Value $36,510 Tax Amount $942.16 Change Rate +0.019135% Assessed CR Tax Rate +0.02207%
Year 2024 Assessed Value $41,446 Land Value $5,999 Improvement Value $35,447 Tax Amount $924.47 Change Rate -0.008675% Assessed CR Tax Rate +0.022305%
Year 2023 Assessed Value $41,271 Land Value $5,824 Improvement Value $35,447 Tax Amount $932.56 Change Rate +0.020753% Assessed CR Tax Rate +0.022596%
Year 2022 Assessed Value $41,271 Land Value $5,824 Improvement Value $35,447 Tax Amount $913.6 Change Rate +0.0067% Assessed CR Tax Rate +0.022137%
Year 2021 Assessed Value $40,936 Land Value $5,489 Improvement Value $35,447 Tax Amount $907.52 Change Rate +0.024347% Assessed CR Tax Rate +0.022169%
Year 2020 Assessed Value $40,776 Land Value $5,329 Improvement Value $35,447 Tax Amount $885.95 Change Rate +0.024338% Assessed CR Tax Rate +0.021727%
Year 2019 Assessed Value $40,621 Land Value $5,174 Improvement Value $35,447 Tax Amount $864.9 Change Rate -0.304927% Assessed CR Tax Rate +0.021292%
Year 2018 Assessed Value $40,470 Land Value $5,023 Improvement Value $35,447 Tax Amount $1,244.33 Change Rate +0.004715% Assessed CR Tax Rate +0.030747%
Year 2017 Assessed Value $120,972 Land Value $14,631 Improvement Value $106,341 Tax Amount $1,238.49 Change Rate Assessed CR Tax Rate +0.010238%
Year 2016 Assessed Value $120,546 Land Value $14,205 Improvement Value $106,341 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $120,132 Land Value $13,791 Improvement Value $106,341 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $119,730 Land Value $13,389 Improvement Value $106,341 Tax Amount Change Rate Assessed CR Tax Rate