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1518 W Rain; Hobbs, NM Property Details

1518 W Rain, Hobbs, NM is a Single Family that was built in 2024. This property is currently Financed and is not for sale. Our records show that 1518 W Rain has 4 bedrooms, and 2 bathrooms, and a total of 2,084 square feet.

Off market
1518 W Rain Hobbs, NM 88240
$381,504 Listing Price
4 Beds
2 Baths
2,084 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2024
  • Purchase Price: $391,723
  • Open Loans / Balance: 1 / $387,845
  • Est. Equity / %: $11,155 / 2.8%
  • APN: 4 940 801 110 242
  • Situs County: Lea

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Measurements

  • Total: 2,084/SqFt
  • Price Per Square Foot: $187.97

Legal Description

  • Description: TRINITY ESTATES SUB-DIV UNIT 2 LOT 56 101624 STUARD DEVELOPMENT LLC 2230650 101624 STUARD HOMES LLC
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: 32.747734 / -103.15476
  • Subdivision: Trinity Estates
  • Property Class: Residential

Amenities

  • Plus Four: 1355

Ownership Info

1518 W Rain has no associated ownership info
1518 W Rain has no associated ownership info.

Taxes

1518 W Rain has 10 associated Taxes items

1518 W Rain, 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 $126,193. The APN we've located for 1518 W Rain is 4 940 801 110 242.

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Taxes
  • Assessed Value:  $126,193
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 940 801 110 242
  • Assessed Land Value:  13333
  • Market Land Value:  39999
  • Tax Amount:  3405.82
  • Tax Year:  2025
  • Market Value:  378579
  • Market Year:  2025

Tax History

1518 W Rain has 1 associated Tax History item
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $126,193 Land Value $13,333 Improvement Value $112,860 Tax Amount $3,405.82 Change Rate Assessed CR Tax Rate +0.026989%