Taxes
- Assessed Value: $30,531
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 120 510 001
- Assessed Land Value: 3376
- Market Land Value: 10128
- Tax Amount: 823.99
- Tax Year: 2025
- Market Value: 91593
- Market Year: 2025
1601 E Penasco Dr; Hobbs, NM Property Details
Off market
1601 E Penasco Dr Hobbs, NM 88240
$93,000 Listing Price
3 Beds
1 Baths
1,400 SqFt
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1955
- Open Loans / Balance: 1 / $75,242
- Est. Equity / %: $43,758 / 36.77%
- Inv. Liens: 1
- APN: 4 000 120 510 001
- Situs County: Lea
- Length Of Ownership: 1 year, 6 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,400/SqFt
- Lot: 6,355/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 8 LOT 2 2323 VALLES, JOHNNY 11525 SMD VALLES, MICHAELA CV2023-858
Building Insights
Land Information
- Property Type: Vacant parcels w/ imp.
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.72284 / -103.117256
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 3215
HOA
- H O A One Type: Home Owner Association
Ownership Info
1601 E Penasco Dr has no associated ownership info
1601 E Penasco Dr has no associated ownership info.
Taxes
1601 E Penasco Dr has 10 associated Taxes items
1601 E 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 $30,531. The APN we've located for 1601 E Penasco Dr is 4 000 120 510 001.
Unlock the full reportTax History
1601 E Penasco Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $30,531 | Land Value $3,376 | Improvement Value $27,155 | Tax Amount $823.99 | Change Rate +0.017121% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $29,642 | Land Value $3,278 | Improvement Value $26,364 | Tax Amount $810.12 | Change Rate +0.016092% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $28,779 | Land Value $3,183 | Improvement Value $25,596 | Tax Amount $797.29 | Change Rate +0.043314% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $28,779 | Land Value $3,183 | Improvement Value $25,596 | Tax Amount $764.19 | Change Rate +0.032675% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $27,126 | Land Value $3,000 | Improvement Value $24,126 | Tax Amount $740.01 | Change Rate +0.015284% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $27,126 | Land Value $3,000 | Improvement Value $24,126 | Tax Amount $728.87 | Change Rate +0.017449% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $27,126 | Land Value $3,000 | Improvement Value $24,126 | Tax Amount $716.37 | Change Rate -0.150999% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $27,126 | Land Value $3,000 | Improvement Value $24,126 | Tax Amount $843.78 | Change Rate +1.248102% | Assessed CR | Tax Rate +0.031106% |
| Year 2017 | Assessed Value $42,339 | Land Value $3,582 | Improvement Value $38,757 | Tax Amount $375.33 | Change Rate | Assessed CR | Tax Rate +0.008865% |
| Year 2016 | Assessed Value $41,106 | Land Value $3,477 | Improvement Value $37,629 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $39,909 | Land Value $3,375 | Improvement Value $36,534 | Tax Amount $192.36 | Change Rate | Assessed CR | Tax Rate +0.00482% |
| Year 2014 | Assessed Value $38,745 | Land Value $3,276 | Improvement Value $35,469 | Tax Amount | Change Rate | Assessed CR | Tax Rate |