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1531 E Katy Ln; Hobbs, NM Property Details

1531 E Katy Ln, Hobbs, NM is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 1531 E Katy Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,568 square feet. The lot size of 1531 E Katy Ln is 37,090 square feet.

Off market
1531 E Katy Ln Hobbs, NM 88242
$169,900 Listing Price
3 Beds
2 Baths
1,568 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1998
  • Purchase Price: $10,600
  • Open Loans / Balance: 2 / $140,925
  • Est. Equity / %: $57,075 / 28.83%
  • Inv. Liens: 1
  • APN: 4 000 031 250 001
  • Situs County: Lea
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,568/SqFt
  • Lot: 37,090/SqFt
  • Price Per Square Foot: $6.76

Legal Description

  • Description: DOUGLAS ACRES SUB-DIV UNIT 2 TRACT 19
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.773544 / -103.11725
  • Subdivision: Douglas Acres Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 5028

Ownership Info

1531 E Katy Ln has no associated ownership info
1531 E Katy Ln has no associated ownership info.

Taxes

1531 E Katy Ln has 10 associated Taxes items

1531 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 $50,324. The APN we've located for 1531 E Katy Ln is 4 000 031 250 001.

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Taxes
  • Assessed Value:  $50,324
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 031 250 001
  • Assessed Land Value:  6008
  • Market Land Value:  18024
  • Tax Amount:  1165.25
  • Tax Year:  2025
  • Market Value:  150972
  • Market Year:  2025

Tax History

1531 E Katy Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,324 Land Value $6,008 Improvement Value $44,316 Tax Amount $1,165.25 Change Rate +0.01765% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $48,858 Land Value $5,833 Improvement Value $43,025 Tax Amount $1,145.04 Change Rate +0.016521% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $47,435 Land Value $5,663 Improvement Value $41,772 Tax Amount $1,126.43 Change Rate +0.016349% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $47,435 Land Value $5,663 Improvement Value $41,772 Tax Amount $1,108.31 Change Rate +0.002433% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $47,435 Land Value $5,663 Improvement Value $41,772 Tax Amount $1,105.62 Change Rate +4.125493% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $9,441 Land Value $5,797 Improvement Value $3,644 Tax Amount $215.71 Change Rate +0.05086% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $9,166 Land Value $5,628 Improvement Value $3,538 Tax Amount $205.27 Change Rate -0.361742% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $8,899 Land Value $5,464 Improvement Value $3,435 Tax Amount $321.61 Change Rate +0.029976% Assessed CR Tax Rate +0.03614%
Year 2017 Assessed Value $25,920 Land Value $15,915 Improvement Value $10,005 Tax Amount $312.25 Change Rate Assessed CR Tax Rate +0.012047%
Year 2016 Assessed Value $25,164 Land Value $15,450 Improvement Value $9,714 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $24,432 Land Value $15,000 Improvement Value $9,432 Tax Amount $182 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $23,718 Land Value $14,562 Improvement Value $9,156 Tax Amount Change Rate Assessed CR Tax Rate