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1631 N Penasco Dr; Hobbs, NM Property Details

1631 N Penasco Dr, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 1631 N Penasco Dr is 7,822 square feet.

Off market
1631 N Penasco Dr Hobbs, NM 88240
$9,113 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Est. Equity / %: $164,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 035 520 001
  • Situs County: Lea
  • Length Of Ownership: 6 years, 7 months

Measurements

  • Lot: 7,822/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 9 LOT 12
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.718018 / -103.118774
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4229

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1631 N Penasco Dr has no associated ownership info
1631 N Penasco Dr has no associated ownership info.

Taxes

1631 N Penasco Dr has 10 associated Taxes items

1631 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 $9,113. The APN we've located for 1631 N Penasco Dr is 4 000 035 520 001.

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Taxes
  • Assessed Value:  $9,113
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 035 520 001
  • Assessed Land Value:  2898
  • Market Land Value:  8694
  • Tax Amount:  245.95
  • Tax Year:  2025
  • Market Value:  27339
  • Market Year:  2025

Tax History

1631 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,113 Land Value $2,898 Improvement Value $6,215 Tax Amount $245.95 Change Rate +0.017121% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $8,848 Land Value $2,814 Improvement Value $6,034 Tax Amount $241.81 Change Rate +0.016136% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $8,590 Land Value $2,732 Improvement Value $5,858 Tax Amount $237.97 Change Rate +0.043316% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $8,590 Land Value $2,732 Improvement Value $5,858 Tax Amount $228.09 Change Rate +0.032736% Assessed CR Tax Rate +0.026553%
Year 2021 Assessed Value $8,096 Land Value $2,575 Improvement Value $5,521 Tax Amount $220.86 Change Rate +0.045739% Assessed CR Tax Rate +0.02728%
Year 2020 Assessed Value $7,860 Land Value $2,500 Improvement Value $5,360 Tax Amount $211.2 Change Rate -0.252971% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $10,706 Land Value $1,430 Improvement Value $9,276 Tax Amount $282.72 Change Rate -0.075172% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $10,394 Land Value $1,388 Improvement Value $9,006 Tax Amount $305.7 Change Rate +0.031934% Assessed CR Tax Rate +0.029411%
Year 2017 Assessed Value $30,276 Land Value $4,044 Improvement Value $26,232 Tax Amount $296.24 Change Rate Assessed CR Tax Rate +0.009785%
Year 2016 Assessed Value $29,394 Land Value $3,927 Improvement Value $25,467 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $28,539 Land Value $3,813 Improvement Value $24,726 Tax Amount $197.91 Change Rate Assessed CR Tax Rate +0.006935%
Year 2014 Assessed Value $27,708 Land Value $3,702 Improvement Value $24,006 Tax Amount Change Rate Assessed CR Tax Rate