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1606 E Penasco Dr; Hobbs, NM Property Details

1606 E Penasco Dr, Hobbs, NM is a Single Family that was built in 1988. This property is currently a cash purchase and is not for sale. The lot size of 1606 E Penasco Dr is 8,755 square feet.

Off market
1606 E Penasco Dr Hobbs, NM 88240
$21,102 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Est. Equity / %: $158,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 166 960 001
  • Situs County: Lea
  • Length Of Ownership: 6 years, 5 months

Measurements

  • Lot: 8,755/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 6 LOT 10 2420 DAYLONG, JOYCE H
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: 32.72321 / -103.11705
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3216

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1606 E Penasco Dr has no associated ownership info
1606 E Penasco Dr has no associated ownership info.

Taxes

1606 E Penasco Dr has 10 associated Taxes items

1606 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 $21,102. The APN we've located for 1606 E Penasco Dr is 4 000 166 960 001.

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Taxes
  • Assessed Value:  $21,102
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 166 960 001
  • Assessed Land Value:  2652
  • Market Land Value:  7956
  • Tax Amount:  569.53
  • Tax Year:  2025
  • Market Value:  63306
  • Market Year:  2025

Tax History

1606 E Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $21,102 Land Value $2,652 Improvement Value $18,450 Tax Amount $569.53 Change Rate +0.017145% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $20,488 Land Value $2,575 Improvement Value $17,913 Tax Amount $559.93 Change Rate +0.016115% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $19,891 Land Value $2,500 Improvement Value $17,391 Tax Amount $551.05 Change Rate +0.012904% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $19,891 Land Value $2,500 Improvement Value $17,391 Tax Amount $544.03 Change Rate +0.002562% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $19,891 Land Value $2,500 Improvement Value $17,391 Tax Amount $542.64 Change Rate -0.19126% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $24,971 Land Value $1,667 Improvement Value $23,304 Tax Amount $670.97 Change Rate +1.272703% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $11,179 Land Value $1,505 Improvement Value $9,674 Tax Amount $295.23 Change Rate -0.132187% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $10,853 Land Value $1,461 Improvement Value $9,392 Tax Amount $340.2 Change Rate +0.030097% Assessed CR Tax Rate +0.031346%
Year 2017 Assessed Value $31,608 Land Value $4,254 Improvement Value $27,354 Tax Amount $330.26 Change Rate Assessed CR Tax Rate +0.010449%
Year 2016 Assessed Value $30,687 Land Value $4,131 Improvement Value $26,556 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $29,793 Land Value $4,011 Improvement Value $25,782 Tax Amount $261.58 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $28,926 Land Value $3,894 Improvement Value $25,032 Tax Amount Change Rate Assessed CR Tax Rate