Large Location Icon

1923 N Penasco Dr; Hobbs, NM Property Details

1923 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 1923 N Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,044 square feet. The lot size of 1923 N Penasco Dr is 5,194 square feet.

Off market
1923 N Penasco Dr Hobbs, NM 88240
$107,500 Listing Price
3 Beds
1 Baths
1,044 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $107,000
  • Open Loans / Balance: 1 / $92,283
  • Est. Equity / %: $50,717 / 35.47%
  • Inv. Liens: 1
  • APN: 4 000 044 280 001
  • Situs County: Lea
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,044/SqFt
  • Lot: 5,194/SqFt
  • Price Per Square Foot: $102.49

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 5 LOT 10 202-PIERCE, KAY 61412-GARCIA, BALDEMAR PHOTO 73019 51019 DBR INVESTMENTS LLC
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.722458 / -103.11889
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3251

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1923 N Penasco Dr has no associated ownership info
1923 N Penasco Dr has no associated ownership info.

Taxes

1923 N Penasco Dr has 10 associated Taxes items

1923 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 $33,796. The APN we've located for 1923 N Penasco Dr is 4 000 044 280 001.

Unlock the full report
Taxes
  • Assessed Value:  $33,796
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 044 280 001
  • Assessed Land Value:  3536
  • Market Land Value:  10608
  • Tax Amount:  912.1
  • Tax Year:  2025
  • Market Value:  101388
  • Market Year:  2025

Tax History

1923 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,796 Land Value $3,536 Improvement Value $30,260 Tax Amount $912.1 Change Rate +0.017117% Assessed CR Tax Rate +0.026988%
Year 2024 Assessed Value $32,812 Land Value $3,433 Improvement Value $29,379 Tax Amount $896.75 Change Rate +0.016113% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $31,856 Land Value $3,333 Improvement Value $28,523 Tax Amount $882.53 Change Rate +0.012924% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $31,856 Land Value $3,333 Improvement Value $28,523 Tax Amount $871.27 Change Rate +0.002555% Assessed CR Tax Rate +0.02735%
Year 2021 Assessed Value $31,856 Land Value $3,333 Improvement Value $28,523 Tax Amount $869.05 Change Rate +0.015293% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $31,856 Land Value $3,333 Improvement Value $28,523 Tax Amount $855.96 Change Rate +0.887203% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $17,174 Land Value $2,500 Improvement Value $14,674 Tax Amount $453.56 Change Rate -0.160416% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $17,174 Land Value $2,500 Improvement Value $14,674 Tax Amount $540.22 Change Rate Assessed CR Tax Rate +0.031456%
Year 2017 Assessed Value $51,522 Land Value $7,500 Improvement Value $44,022 Tax Amount $540.22 Change Rate Assessed CR Tax Rate +0.010485%
Year 2016 Assessed Value $51,522 Land Value $7,500 Improvement Value $44,022 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $51,522 Land Value $7,500 Improvement Value $44,022 Tax Amount $452.37 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $51,522 Land Value $7,500 Improvement Value $44,022 Tax Amount Change Rate Assessed CR Tax Rate