Taxes
- Assessed Value: $14,230
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 066 700 001
- Assessed Land Value: 2898
- Market Land Value: 8694
- Tax Amount: 384.05
- Tax Year: 2025
- Market Value: 42690
- Market Year: 2025
1606 N Penasco Dr; Hobbs, NM Property Details
Off market
1606 N Penasco Dr Hobbs, NM 88240
$14,230 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $6,661,500
- Open Loans / Balance: 1 / $4,651,448
- Est. Equity / %: $-4,470,448 / -2,469.86%
- APN: 4 000 066 700 001
- Situs County: Lea
- Length Of Ownership: 13 years
Measurements
- Lot: 7,748/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 10 LOT 20 SEE F5 FOR OLDER FOOTNOTES 11404-S&SP BK 1339 PG 570 PHOTO
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.717167 / -103.118225
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 4230
HOA
- H O A One Type: Home Owner Association
Ownership Info
1606 N Penasco Dr has no associated ownership info
1606 N Penasco Dr has no associated ownership info.
Taxes
1606 N Penasco Dr has 10 associated Taxes items
1606 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 $14,230. The APN we've located for 1606 N Penasco Dr is 4 000 066 700 001.
Unlock the full reportTax History
1606 N 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 $14,230 | Land Value $2,898 | Improvement Value $11,332 | Tax Amount $384.05 | Change Rate +0.017109% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $13,816 | Land Value $2,814 | Improvement Value $11,002 | Tax Amount $377.59 | Change Rate +0.016037% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $13,414 | Land Value $2,732 | Improvement Value $10,682 | Tax Amount $371.63 | Change Rate +0.043318% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $13,414 | Land Value $2,732 | Improvement Value $10,682 | Tax Amount $356.2 | Change Rate +0.002618% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $13,023 | Land Value $2,652 | Improvement Value $10,371 | Tax Amount $355.27 | Change Rate +0.01526% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $13,023 | Land Value $2,652 | Improvement Value $10,371 | Tax Amount $349.93 | Change Rate +0.017505% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $13,023 | Land Value $2,652 | Improvement Value $10,371 | Tax Amount $343.91 | Change Rate -0.175691% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $13,023 | Land Value $2,652 | Improvement Value $10,371 | Tax Amount $417.21 | Change Rate | Assessed CR | Tax Rate +0.032036% |
| Year 2017 | Assessed Value $39,069 | Land Value $7,956 | Improvement Value $31,113 | Tax Amount $417.21 | Change Rate +0.316784% | Assessed CR | Tax Rate +0.010679% |
| Year 2016 | Assessed Value $39,069 | Land Value $7,956 | Improvement Value $31,113 | Tax Amount $316.84 | Change Rate +0.091272% | Assessed CR | Tax Rate +0.00811% |
| Year 2015 | Assessed Value $39,069 | Land Value $7,956 | Improvement Value $31,113 | Tax Amount $290.34 | Change Rate +0.039565% | Assessed CR | Tax Rate +0.007431% |
| Year 2014 | Assessed Value $39,069 | Land Value $7,956 | Improvement Value $31,113 | Tax Amount $279.29 | Change Rate | Assessed CR | Tax Rate +0.007149% |