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1536 N Penasco Dr; Hobbs, NM Property Details

1536 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 1536 N Penasco Dr has 4 bedrooms, and 1 bathroom, and a total of 1,690 square feet. The lot size of 1536 N Penasco Dr is 9,733 square feet.

Off market
1536 N Penasco Dr Hobbs, NM 88240
$120,000 Listing Price
4 Beds
1 Baths
1,690 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1986
  • Open Loans / Balance: 1 / $94,845
  • Est. Equity / %: $90,155 / 48.73%
  • Inv. Liens: 1
  • APN: 4 000 052 890 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1

Measurements

  • Total: 1,690/SqFt
  • Lot: 9,733/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 13 LOT 20 2325 ORTEGA, ALEXANDER
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.716618 / -103.118256
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4635

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1536 N Penasco Dr has no associated ownership info
1536 N Penasco Dr has no associated ownership info.

Taxes

1536 N Penasco Dr has 10 associated Taxes items

1536 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 $41,450. The APN we've located for 1536 N Penasco Dr is 4 000 052 890 001.

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Taxes
  • Assessed Value:  $41,450
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 052 890 001
  • Assessed Land Value:  4244
  • Market Land Value:  12732
  • Tax Amount:  1118.69
  • Tax Year:  2025
  • Market Value:  124350
  • Market Year:  2025

Tax History

1536 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,450 Land Value $4,244 Improvement Value $37,206 Tax Amount $1,118.69 Change Rate +0.017176% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $40,242 Land Value $4,120 Improvement Value $36,122 Tax Amount $1,099.8 Change Rate +0.016075% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $39,070 Land Value $4,000 Improvement Value $35,070 Tax Amount $1,082.4 Change Rate +0.012905% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $39,070 Land Value $4,000 Improvement Value $35,070 Tax Amount $1,068.61 Change Rate +0.002561% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $39,070 Land Value $4,000 Improvement Value $35,070 Tax Amount $1,065.88 Change Rate +0.015298% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $39,070 Land Value $4,000 Improvement Value $35,070 Tax Amount $1,049.82 Change Rate +0.017455% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $39,070 Land Value $4,000 Improvement Value $35,070 Tax Amount $1,031.81 Change Rate +0.092753% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $30,641 Land Value $2,500 Improvement Value $28,141 Tax Amount $944.23 Change Rate Assessed CR Tax Rate +0.030816%
Year 2017 Assessed Value $91,923 Land Value $7,500 Improvement Value $84,423 Tax Amount $944.23 Change Rate +4.750487% Assessed CR Tax Rate +0.010272%
Year 2016 Assessed Value $91,923 Land Value $7,500 Improvement Value $84,423 Tax Amount $164.2 Change Rate +0.029403% Assessed CR Tax Rate +0.001786%
Year 2015 Assessed Value $91,923 Land Value $7,500 Improvement Value $84,423 Tax Amount $159.51 Change Rate +0.145329% Assessed CR Tax Rate +0.001735%
Year 2014 Assessed Value $91,923 Land Value $7,500 Improvement Value $84,423 Tax Amount $139.27 Change Rate Assessed CR Tax Rate +0.001515%