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1802 E Penasco Dr; Hobbs, NM Property Details

1802 E Penasco Dr, Hobbs, NM is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 1802 E Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,181 square feet. The lot size of 1802 E Penasco Dr is 8,795 square feet.

Off market  •   Pre Probate ✓
1802 E Penasco Dr Hobbs, NM 88240
$138,000 Listing Price
3 Beds
1 Baths
1,181 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $133,300
  • Open Loans / Balance: 1 / $115,332
  • Est. Equity / %: $73,668 / 38.98%
  • Inv. Liens: 1
  • APN: 4 000 041 230 001
  • Situs County: Lea
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,181/SqFt
  • Lot: 8,795/SqFt
  • Price Per Square Foot: $112.87

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 2 BLOCK 30 LOT 4
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: 32.7227 / -103.115135
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3219

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1802 E Penasco Dr has no associated ownership info
1802 E Penasco Dr has no associated ownership info.

Taxes

1802 E Penasco Dr has 10 associated Taxes items

1802 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 $44,068. The APN we've located for 1802 E Penasco Dr is 4 000 041 230 001.

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Taxes
  • Assessed Value:  $44,068
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 041 230 001
  • Assessed Land Value:  4880
  • Market Land Value:  14640
  • Tax Amount:  1189.35
  • Tax Year:  2025
  • Market Value:  132204
  • Market Year:  2025

Tax History

1802 E Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,068 Land Value $4,880 Improvement Value $39,188 Tax Amount $1,189.35 Change Rate +0.017138% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $42,785 Land Value $4,738 Improvement Value $38,047 Tax Amount $1,169.31 Change Rate +0.016093% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $41,539 Land Value $4,600 Improvement Value $36,939 Tax Amount $1,150.79 Change Rate +0.012903% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $41,539 Land Value $4,600 Improvement Value $36,939 Tax Amount $1,136.13 Change Rate +0.002568% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $41,539 Land Value $4,600 Improvement Value $36,939 Tax Amount $1,133.22 Change Rate +0.653612% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $25,504 Land Value $1,805 Improvement Value $23,699 Tax Amount $685.3 Change Rate +0.04802% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $24,761 Land Value $1,752 Improvement Value $23,009 Tax Amount $653.9 Change Rate -0.114209% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $24,040 Land Value $1,701 Improvement Value $22,339 Tax Amount $738.21 Change Rate +0.030041% Assessed CR Tax Rate +0.030708%
Year 2017 Assessed Value $70,017 Land Value $4,953 Improvement Value $65,064 Tax Amount $716.68 Change Rate +1.449602% Assessed CR Tax Rate +0.010236%
Year 2016 Assessed Value $67,977 Land Value $4,809 Improvement Value $63,168 Tax Amount $292.57 Change Rate +0.091231% Assessed CR Tax Rate +0.004304%
Year 2015 Assessed Value $65,997 Land Value $4,668 Improvement Value $61,329 Tax Amount $268.11 Change Rate +0.039549% Assessed CR Tax Rate +0.004062%
Year 2014 Assessed Value $64,077 Land Value $4,533 Improvement Value $59,544 Tax Amount $257.91 Change Rate Assessed CR Tax Rate +0.004025%