- 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
1900 N Penasco Dr; Hobbs, NM Property Details
Off market
1900 N Penasco Dr Hobbs, NM 88240
$120,000 Listing Price
3 Beds
2 Baths
1,319 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
1900 N 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 $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 |