Taxes
- Assessed Value: $19,975
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 041 150 001
- Assessed Land Value: 2320
- Market Land Value: 6960
- Tax Amount: 215.25
- Tax Year: 2025
- Market Value: 59925
- Market Year: 2025
1703 E Penasco Dr; Hobbs, NM Property Details
Off market • Pre Foreclosure ✓
1703 E Penasco Dr Hobbs, NM 88240
$19,975 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $159,000 / 100%
- APN: 4 000 041 150 001
- Situs County: Lea
Structure
- Distressed: true
Measurements
- Lot: 9,606/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 2 BLOCK 29 LOT 1
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: 32.722588 / -103.115944
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 3217
HOA
- H O A One Type: Home Owner Association
Ownership Info
1703 E Penasco Dr has no associated ownership info
1703 E Penasco Dr has no associated ownership info.
Taxes
1703 E Penasco Dr has 10 associated Taxes items
1703 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 $19,975. The APN we've located for 1703 E Penasco Dr is 4 000 041 150 001.
Unlock the full reportTax History
1703 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 $19,975 | Land Value $2,320 | Improvement Value $17,655 | Tax Amount $215.25 | Change Rate -0.411933% | Assessed CR | Tax Rate +0.010776% |
| Year 2024 | Assessed Value $19,393 | Land Value $2,252 | Improvement Value $17,141 | Tax Amount $366.03 | Change Rate +0.029939% | Assessed CR | Tax Rate +0.018874% |
| Year 2023 | Assessed Value $18,828 | Land Value $2,186 | Improvement Value $16,642 | Tax Amount $355.39 | Change Rate +0.058212% | Assessed CR | Tax Rate +0.018876% |
| Year 2022 | Assessed Value $18,828 | Land Value $2,186 | Improvement Value $16,642 | Tax Amount $335.84 | Change Rate +0.048059% | Assessed CR | Tax Rate +0.017837% |
| Year 2021 | Assessed Value $17,746 | Land Value $2,060 | Improvement Value $15,686 | Tax Amount $320.44 | Change Rate +0.062009% | Assessed CR | Tax Rate +0.018057% |
| Year 2020 | Assessed Value $17,229 | Land Value $2,000 | Improvement Value $15,229 | Tax Amount $301.73 | Change Rate +0.065092% | Assessed CR | Tax Rate +0.017513% |
| Year 2019 | Assessed Value $16,727 | Land Value $1,942 | Improvement Value $14,785 | Tax Amount $283.29 | Change Rate -0.364849% | Assessed CR | Tax Rate +0.016936% |
| Year 2018 | Assessed Value $16,239 | Land Value $1,885 | Improvement Value $14,354 | Tax Amount $446.02 | Change Rate +0.034177% | Assessed CR | Tax Rate +0.027466% |
| Year 2017 | Assessed Value $47,298 | Land Value $5,490 | Improvement Value $41,808 | Tax Amount $431.28 | Change Rate -0.315287% | Assessed CR | Tax Rate +0.009118% |
| Year 2016 | Assessed Value $45,921 | Land Value $5,331 | Improvement Value $40,590 | Tax Amount $629.87 | Change Rate +0.146991% | Assessed CR | Tax Rate +0.013716% |
| Year 2015 | Assessed Value $44,583 | Land Value $5,175 | Improvement Value $39,408 | Tax Amount $549.15 | Change Rate +0.086221% | Assessed CR | Tax Rate +0.012317% |
| Year 2014 | Assessed Value $43,284 | Land Value $5,025 | Improvement Value $38,259 | Tax Amount $505.56 | Change Rate | Assessed CR | Tax Rate +0.01168% |