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1902 N Homestead Dr; Hobbs, NM Property Details

1902 N Homestead Dr, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 1902 N Homestead Dr is 8,276 square feet.

Off market  •   Pre Probate ✓
1902 N Homestead Dr Hobbs, NM 88240
$86,073 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $265,300
  • Open Loans / Balance: 2 / $235,146
  • Est. Equity / %: $107,854 / 31.44%
  • Inv. Liens: 1
  • APN: 4 960 720 082 845
  • Situs County: Lea
  • Length Of Ownership: 7 years, 7 months

Measurements

  • Lot: 8,276/SqFt

Legal Description

  • Description: HOMESTEAD ESTATES SUB-DIV LOT 79 PHOTO 121118 REDESC FROM 206766 121218 CRV INVESTMENTS LLC
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: 32.72116 / -103.11173
  • Subdivision: Homestead Estates Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 3156

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1902 N Homestead Dr has no associated ownership info
1902 N Homestead Dr has no associated ownership info.

Taxes

1902 N Homestead Dr has 10 associated Taxes items

1902 N Homestead 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 $86,073. The APN we've located for 1902 N Homestead Dr is 4 960 720 082 845.

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Taxes
  • Assessed Value:  $86,073
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 960 720 082 845
  • Assessed Land Value:  10609
  • Market Land Value:  31827
  • Tax Amount:  2323.01
  • Tax Year:  2025
  • Market Value:  258219
  • Market Year:  2025

Tax History

1902 N Homestead Dr has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,073 Land Value $10,609 Improvement Value $75,464 Tax Amount $2,323.01 Change Rate +0.017142% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $83,566 Land Value $10,300 Improvement Value $73,266 Tax Amount $2,283.86 Change Rate +0.016097% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $81,132 Land Value $10,000 Improvement Value $71,132 Tax Amount $2,247.68 Change Rate +0.012902% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $81,132 Land Value $10,000 Improvement Value $71,132 Tax Amount $2,219.05 Change Rate +0.002571% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $81,132 Land Value $10,000 Improvement Value $71,132 Tax Amount $2,213.36 Change Rate +0.015293% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $81,132 Land Value $10,000 Improvement Value $71,132 Tax Amount $2,180.02 Change Rate +0.01746% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $81,132 Land Value $10,000 Improvement Value $71,132 Tax Amount $2,142.61 Change Rate +0.561669% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $34,300 Land Value $34,300 Improvement Value Tax Amount $1,372 Change Rate Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $10,534,704 Land Value $364,149 Improvement Value $10,170,555 Tax Amount Change Rate Assessed CR Tax Rate