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1721 N Penasco Dr; Hobbs, NM Property Details

1721 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1844. This property is currently Financed and is not for sale. Our records show that 1721 N Penasco Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,554 square feet. The lot size of 1721 N Penasco Dr is 7,477 square feet.

Off market
1721 N Penasco Dr Hobbs, NM 88240
$185,000 Listing Price
3 Beds
2 Baths
1,554 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1844
  • Purchase Price: $183,465
  • Open Loans / Balance: 2 / $186,239
  • Est. Equity / %: $9,761 / 4.98%
  • Inv. Liens: 1
  • APN: 4 000 030 370 001
  • Situs County: Lea
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,554/SqFt
  • Lot: 7,477/SqFt
  • Price Per Square Foot: $118.06

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 9 LOT 5 82124 REO LLC
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.719208 / -103.118835
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4231

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1721 N Penasco Dr has no associated ownership info
1721 N Penasco Dr has no associated ownership info.

Taxes

1721 N Penasco Dr has 10 associated Taxes items

1721 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 $28,530. The APN we've located for 1721 N Penasco Dr is 4 000 030 370 001.

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Taxes
  • Assessed Value:  $28,530
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 030 370 001
  • Assessed Land Value:  2814
  • Market Land Value:  8442
  • Tax Amount:  769.98
  • Tax Year:  2025
  • Market Value:  85590
  • Market Year:  2025

Tax History

1721 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,530 Land Value $2,814 Improvement Value $25,716 Tax Amount $769.98 Change Rate +0.01712% Assessed CR Tax Rate +0.026988%
Year 2024 Assessed Value $27,699 Land Value $2,732 Improvement Value $24,967 Tax Amount $757.02 Change Rate +0.016134% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $26,892 Land Value $2,652 Improvement Value $24,240 Tax Amount $745 Change Rate +0.043257% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $26,892 Land Value $2,652 Improvement Value $24,240 Tax Amount $714.11 Change Rate +0.032637% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $25,349 Land Value $2,500 Improvement Value $22,849 Tax Amount $691.54 Change Rate +0.015298% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $25,349 Land Value $2,500 Improvement Value $22,849 Tax Amount $681.12 Change Rate +0.017432% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $25,349 Land Value $2,500 Improvement Value $22,849 Tax Amount $669.45 Change Rate -0.147708% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $25,349 Land Value $2,500 Improvement Value $22,849 Tax Amount $785.47 Change Rate Assessed CR Tax Rate +0.030986%
Year 2017 Assessed Value $76,047 Land Value $7,500 Improvement Value $68,547 Tax Amount $785.47 Change Rate Assessed CR Tax Rate +0.010329%
Year 2016 Assessed Value $76,047 Land Value $7,500 Improvement Value $68,547 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $76,047 Land Value $7,500 Improvement Value $68,547 Tax Amount $667.69 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $76,047 Land Value $7,500 Improvement Value $68,547 Tax Amount Change Rate Assessed CR Tax Rate