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1623 E Penasco Dr; Hobbs, NM Property Details

1623 E Penasco Dr, Hobbs, NM is a Single Family that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 1623 E Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,208 square feet. The lot size of 1623 E Penasco Dr is 7,365 square feet.

Off market
1623 E Penasco Dr Hobbs, NM 88240
$80,600 Listing Price
3 Beds
1 Baths
1,208 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Open Loans / Balance: 1 / $6,214,016
  • Est. Equity / %: $-6,090,016 / -4,911.3%
  • Inv. Liens: 1
  • APN: 4 000 063 190 001
  • Situs County: Lea
  • Length Of Ownership: 8 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,208/SqFt
  • Lot: 7,365/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 2 BLOCK 8A LOT 32 SEE F5 FOR OLDER FOOTNOTES PHOTO 6222018 82817 VARGAS, ALFREDO SPE MASTER DEED D-506-
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: 32.722805 / -103.116554
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3215

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1623 E Penasco Dr has no associated ownership info
1623 E Penasco Dr has no associated ownership info.

Taxes

1623 E Penasco Dr has 10 associated Taxes items

1623 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 $35,541. The APN we've located for 1623 E Penasco Dr is 4 000 063 190 001.

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Taxes
  • Assessed Value:  $35,541
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 063 190 001
  • Assessed Land Value:  2829
  • Market Land Value:  8487
  • Tax Amount:  959.23
  • Tax Year:  2025
  • Market Value:  106623
  • Market Year:  2025

Tax History

1623 E Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,541 Land Value $2,829 Improvement Value $32,712 Tax Amount $959.23 Change Rate +0.017157% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $34,506 Land Value $2,747 Improvement Value $31,759 Tax Amount $943.05 Change Rate +0.016097% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $33,501 Land Value $2,667 Improvement Value $30,834 Tax Amount $928.11 Change Rate +0.012922% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $33,501 Land Value $2,667 Improvement Value $30,834 Tax Amount $916.27 Change Rate +0.002549% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $33,501 Land Value $2,667 Improvement Value $30,834 Tax Amount $913.94 Change Rate +0.015297% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $33,501 Land Value $2,667 Improvement Value $30,834 Tax Amount $900.17 Change Rate +0.017475% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $33,501 Land Value $2,667 Improvement Value $30,834 Tax Amount $884.71 Change Rate +0.251163% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $22,737 Land Value $2,500 Improvement Value $20,237 Tax Amount $707.11 Change Rate Assessed CR Tax Rate +0.0311%
Year 2017 Assessed Value $68,211 Land Value $7,500 Improvement Value $60,711 Tax Amount $707.11 Change Rate Assessed CR Tax Rate +0.010367%
Year 2016 Assessed Value $68,211 Land Value $7,500 Improvement Value $60,711 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $68,211 Land Value $7,500 Improvement Value $60,711 Tax Amount $598.89 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $68,211 Land Value $7,500 Improvement Value $60,711 Tax Amount Change Rate Assessed CR Tax Rate