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201 W Rainbow Dr; Hobbs, NM Property Details

201 W Rainbow Dr, Hobbs, NM is a Single Family that was built in 1945. This property is currently Financed and is not for sale. Our records show that 201 W Rainbow Dr has 3 bedrooms, and 1 bathroom, and a total of 1,480 square feet. The lot size of 201 W Rainbow Dr is 15,076 square feet.

Off market
201 W Rainbow Dr Hobbs, NM 88240
$109,000 Listing Price
3 Beds
1 Baths
1,480 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1945
  • Purchase Price: $111,720
  • Open Loans: 1
  • Inv. Liens: 1
  • APN: 4 000 025 140 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,480/SqFt
  • Lot: 15,076/SqFt
  • Price Per Square Foot: $75.49

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 5 LOT 9 52324 DEC DENTON, GLENNA 12523 AFFDTH CLAMPITT, MICHAEL G 10724 CLAMPITT, LOU JEAN
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: 32.687843 / -103.13784
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7331

Ownership Info

201 W Rainbow Dr has no associated ownership info
201 W Rainbow Dr has no associated ownership info.

Taxes

201 W Rainbow Dr has 10 associated Taxes items

201 W Rainbow 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 $35,800. The APN we've located for 201 W Rainbow Dr is 4 000 025 140 001.

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Taxes
  • Assessed Value:  $35,800
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 025 140 001
  • Assessed Land Value:  3633
  • Market Land Value:  10899
  • Tax Amount:  966.22
  • Tax Year:  2025
  • Market Value:  107400
  • Market Year:  2025

Tax History

201 W Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,800 Land Value $3,633 Improvement Value $32,167 Tax Amount $966.22 Change Rate +0.643734% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $23,508 Land Value $1,395 Improvement Value $22,113 Tax Amount $587.82 Change Rate +0.018964% Assessed CR Tax Rate +0.025005%
Year 2023 Assessed Value $22,823 Land Value $1,354 Improvement Value $21,469 Tax Amount $576.88 Change Rate +0.046267% Assessed CR Tax Rate +0.025276%
Year 2022 Assessed Value $22,823 Land Value $1,354 Improvement Value $21,469 Tax Amount $551.37 Change Rate +0.035689% Assessed CR Tax Rate +0.024159%
Year 2021 Assessed Value $21,514 Land Value $1,277 Improvement Value $20,237 Tax Amount $532.37 Change Rate +0.048943% Assessed CR Tax Rate +0.024745%
Year 2020 Assessed Value $20,888 Land Value $1,240 Improvement Value $19,648 Tax Amount $507.53 Change Rate +0.051309% Assessed CR Tax Rate +0.024298%
Year 2019 Assessed Value $20,280 Land Value $1,204 Improvement Value $19,076 Tax Amount $482.76 Change Rate -0.171028% Assessed CR Tax Rate +0.023805%
Year 2018 Assessed Value $19,689 Land Value $1,169 Improvement Value $18,520 Tax Amount $582.36 Change Rate +0.031036% Assessed CR Tax Rate +0.029578%
Year 2017 Assessed Value $57,348 Land Value $3,405 Improvement Value $53,943 Tax Amount $564.83 Change Rate Assessed CR Tax Rate +0.009849%
Year 2016 Assessed Value $55,677 Land Value $3,306 Improvement Value $52,371 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $54,057 Land Value $3,210 Improvement Value $50,847 Tax Amount $421.95 Change Rate Assessed CR Tax Rate +0.007806%
Year 2014 Assessed Value $52,482 Land Value $3,117 Improvement Value $49,365 Tax Amount Change Rate Assessed CR Tax Rate