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1811 N Penasco Dr; Hobbs, NM Property Details

1811 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 1811 N Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,108 square feet. The lot size of 1811 N Penasco Dr is 7,436 square feet.

Off market
1811 N Penasco Dr Hobbs, NM 88240
$120,000 Listing Price
3 Beds
1 Baths
1,108 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $119,004
  • Open Loans / Balance: 1 / $106,810
  • Est. Equity / %: $35,190 / 24.78%
  • Inv. Liens: 1
  • APN: 4 000 163 050 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,108/SqFt
  • Lot: 7,436/SqFt
  • Price Per Square Foot: $107.40

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 5 LOT 21 11516 DENNIS, VAN L PHOTO 02182016 122321 BAILEY, DANIEL F ETUX
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.720627 / -103.118774
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3249

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1811 N Penasco Dr has no associated ownership info
1811 N Penasco Dr has no associated ownership info.

Taxes

1811 N Penasco Dr has 10 associated Taxes items

1811 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 $34,601. The APN we've located for 1811 N Penasco Dr is 4 000 163 050 001.

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Taxes
  • Assessed Value:  $34,601
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 163 050 001
  • Assessed Land Value:  4000
  • Market Land Value:  12000
  • Tax Amount:  933.85
  • Tax Year:  2025
  • Market Value:  103803
  • Market Year:  2025

Tax History

1811 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $34,601 Land Value $4,000 Improvement Value $30,601 Tax Amount $933.85 Change Rate -0.012478% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $34,601 Land Value $4,000 Improvement Value $30,601 Tax Amount $945.65 Change Rate -0.013509% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $34,601 Land Value $4,000 Improvement Value $30,601 Tax Amount $958.6 Change Rate +0.012923% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $34,601 Land Value $4,000 Improvement Value $30,601 Tax Amount $946.37 Change Rate +0.547545% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $22,416 Land Value $2,567 Improvement Value $19,849 Tax Amount $611.53 Change Rate +0.015291% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $22,416 Land Value $2,567 Improvement Value $19,849 Tax Amount $602.32 Change Rate +0.01745% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $22,416 Land Value $2,567 Improvement Value $19,849 Tax Amount $591.99 Change Rate -0.152059% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $22,416 Land Value $2,567 Improvement Value $19,849 Tax Amount $698.15 Change Rate Assessed CR Tax Rate +0.031145%
Year 2017 Assessed Value $67,248 Land Value $7,701 Improvement Value $59,547 Tax Amount $698.15 Change Rate Assessed CR Tax Rate +0.010382%
Year 2016 Assessed Value $67,248 Land Value $7,701 Improvement Value $59,547 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $38,835 Land Value $3,693 Improvement Value $35,142 Tax Amount $340.97 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $37,704 Land Value $3,585 Improvement Value $34,119 Tax Amount Change Rate Assessed CR Tax Rate