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1524 N Penasco Dr; Hobbs, NM Property Details

1524 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1954. This property is currently a cash purchase and is not for sale. Our records show that 1524 N Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,178 square feet. The lot size of 1524 N Penasco Dr is 7,702 square feet.

Off market
1524 N Penasco Dr Hobbs, NM 88240
$65,000 Listing Price
3 Beds
1 Baths
1,178 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Est. Equity / %: $85,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 051 310 001
  • Situs County: Lea
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,178/SqFt
  • Lot: 7,702/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 13 LOT 18 12618 ASHBROOK FAMILY TRUST 111319 REAGAN, SARAH JO PHOTO 62421
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.716278 / -103.11829
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4635

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1524 N Penasco Dr has no associated ownership info
1524 N Penasco Dr has no associated ownership info.

Taxes

1524 N Penasco Dr has 10 associated Taxes items

1524 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 $22,347. The APN we've located for 1524 N Penasco Dr is 4 000 051 310 001.

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Taxes
  • Assessed Value:  $22,347
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 051 310 001
  • Assessed Land Value:  2299
  • Market Land Value:  6897
  • Tax Amount:  603.13
  • Tax Year:  2025
  • Market Value:  67041
  • Market Year:  2025

Tax History

1524 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,347 Land Value $2,299 Improvement Value $20,048 Tax Amount $603.13 Change Rate +0.017186% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $21,696 Land Value $2,232 Improvement Value $19,464 Tax Amount $592.94 Change Rate +0.016074% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $21,064 Land Value $2,167 Improvement Value $18,897 Tax Amount $583.56 Change Rate +0.040047% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $21,064 Land Value $2,167 Improvement Value $18,897 Tax Amount $561.09 Change Rate +0.002573% Assessed CR Tax Rate +0.026637%
Year 2021 Assessed Value $20,514 Land Value $2,167 Improvement Value $18,347 Tax Amount $559.65 Change Rate +0.015293% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $20,514 Land Value $2,167 Improvement Value $18,347 Tax Amount $551.22 Change Rate +0.714419% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $12,175 Land Value $1,385 Improvement Value $10,790 Tax Amount $321.52 Change Rate -0.126494% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $11,821 Land Value $1,345 Improvement Value $10,476 Tax Amount $368.08 Change Rate +0.029969% Assessed CR Tax Rate +0.031138%
Year 2017 Assessed Value $34,431 Land Value $3,918 Improvement Value $30,513 Tax Amount $357.37 Change Rate -0.420268% Assessed CR Tax Rate +0.010379%
Year 2016 Assessed Value $33,429 Land Value $3,804 Improvement Value $29,625 Tax Amount $616.44 Change Rate +0.296431% Assessed CR Tax Rate +0.01844%
Year 2015 Assessed Value $32,454 Land Value $3,693 Improvement Value $28,761 Tax Amount $475.49 Change Rate -0.013035% Assessed CR Tax Rate +0.014651%
Year 2014 Assessed Value $31,509 Land Value $3,585 Improvement Value $27,924 Tax Amount $481.77 Change Rate Assessed CR Tax Rate +0.01529%