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1900 N Penasco Dr; Hobbs, NM Property Details

1900 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1955. This property is currently Financed,New Construction,Bank Sale and is not for sale. Our records show that 1900 N Penasco Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,319 square feet. The lot size of 1900 N Penasco Dr is 7,541 square feet.

Off market
1900 N Penasco Dr Hobbs, NM 88240
$120,000 Listing Price
3 Beds
2 Baths
1,319 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $113,558
  • Est. Equity / %: $7,442 / 6.15%
  • Inv. Liens: 1
  • APN: 4 000 120 620 001
  • Situs County: Lea
  • Length Of Ownership: 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,319/SqFt
  • Lot: 7,541/SqFt
  • Price Per Square Foot: $90.98

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 7 LOT 22 31725 SMD THOMPSON, BENNY LEE
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.721634 / -103.11824
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3252

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1900 N Penasco Dr has no associated ownership info
1900 N Penasco Dr has no associated ownership info.

Taxes

1900 N Penasco Dr has 10 associated Taxes items

1900 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 $29,324. The APN we've located for 1900 N Penasco Dr is 4 000 120 620 001.

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Taxes
  • Assessed Value:  $29,324
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 120 620 001
  • Assessed Land Value:  3864
  • Market Land Value:  11592
  • Tax Amount:  737.45
  • Tax Year:  2025
  • Market Value:  87972
  • Market Year:  2025

Tax History

1900 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,324 Land Value $3,864 Improvement Value $25,460 Tax Amount $737.45 Change Rate +0.019422% Assessed CR Tax Rate +0.025148%
Year 2024 Assessed Value $28,469 Land Value $3,751 Improvement Value $24,718 Tax Amount $723.4 Change Rate +0.0184% Assessed CR Tax Rate +0.02541%
Year 2023 Assessed Value $27,640 Land Value $3,642 Improvement Value $23,998 Tax Amount $710.33 Change Rate +0.045741% Assessed CR Tax Rate +0.025699%
Year 2022 Assessed Value $27,640 Land Value $3,642 Improvement Value $23,998 Tax Amount $679.26 Change Rate +0.035158% Assessed CR Tax Rate +0.024575%
Year 2021 Assessed Value $26,053 Land Value $3,433 Improvement Value $22,620 Tax Amount $656.19 Change Rate +0.048378% Assessed CR Tax Rate +0.025187%
Year 2020 Assessed Value $25,294 Land Value $3,333 Improvement Value $21,961 Tax Amount $625.91 Change Rate +0.017459% Assessed CR Tax Rate +0.024745%
Year 2019 Assessed Value $25,294 Land Value $3,333 Improvement Value $21,961 Tax Amount $615.17 Change Rate -0.203302% Assessed CR Tax Rate +0.024321%
Year 2018 Assessed Value $25,294 Land Value $3,333 Improvement Value $21,961 Tax Amount $772.15 Change Rate Assessed CR Tax Rate +0.030527%
Year 2017 Assessed Value $75,882 Land Value $9,999 Improvement Value $65,883 Tax Amount $772.15 Change Rate Assessed CR Tax Rate +0.010176%
Year 2016 Assessed Value $75,882 Land Value $9,999 Improvement Value $65,883 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $75,882 Land Value $9,999 Improvement Value $65,883 Tax Amount $613.57 Change Rate Assessed CR Tax Rate +0.008086%
Year 2014 Assessed Value $75,882 Land Value $9,999 Improvement Value $65,883 Tax Amount Change Rate Assessed CR Tax Rate