- Assessed Value: $78,634
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 960 720 084 450
- Assessed Land Value: 9004
- Market Land Value: 27012
- Tax Amount: 2122.24
- Tax Year: 2025
- Market Value: 235902
- Market Year: 2025
2016 N Homestead Dr; Hobbs, NM Property Details
Off market
2016 N Homestead Dr Hobbs, NM 88240
$129,286 Listing Price
4 Beds
2 Baths
1,815 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2016
- Purchase Price: $236,000
- Open Loans / Balance: 1 / $199,841
- Est. Equity / %: $146,159 / 42.24%
- Inv. Liens: 1
- APN: 4 960 720 084 450
- Situs County: Lea
- Length Of Ownership: 9 years, 4 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Measurements
- Total: 1,815/SqFt
- Lot: 9,583/SqFt
- Price Per Square Foot: $130.03
Legal Description
- Description: HOMESTEAD ESTATES SUB-DIV LOT 88 0.22 AC 11117 REDESC FR 206766 31021 BRAND, ELDEN ETAL
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: 32.722485 / -103.11101
- Subdivision: Homestead Estates Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 3100
HOA
- H O A One Type: Planned Unit Development
Ownership Info
2016 N Homestead Dr has no associated ownership info
2016 N Homestead Dr has no associated ownership info.
Taxes
2016 N Homestead Dr has 10 associated Taxes items
2016 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 $78,634. The APN we've located for 2016 N Homestead Dr is 4 960 720 084 450.
Unlock the full reportTaxes
Tax History
2016 N Homestead Dr has 9 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $78,634 | Land Value $9,004 | Improvement Value $69,630 | Tax Amount $2,122.24 | Change Rate +0.017144% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $76,344 | Land Value $8,742 | Improvement Value $67,602 | Tax Amount $2,086.47 | Change Rate +0.0161% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $74,120 | Land Value $8,487 | Improvement Value $65,633 | Tax Amount $2,053.41 | Change Rate +0.043293% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $74,120 | Land Value $8,487 | Improvement Value $65,633 | Tax Amount $1,968.2 | Change Rate +0.032639% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $69,865 | Land Value $8,000 | Improvement Value $61,865 | Tax Amount $1,905.99 | Change Rate +0.015293% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $69,865 | Land Value $8,000 | Improvement Value $61,865 | Tax Amount $1,877.28 | Change Rate +0.017457% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $69,865 | Land Value $8,000 | Improvement Value $61,865 | Tax Amount $1,845.07 | Change Rate -0.152062% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $69,865 | Land Value $8,000 | Improvement Value $61,865 | Tax Amount $2,175.95 | Change Rate | Assessed CR | Tax Rate +0.031145% |
| Year 2017 | Assessed Value $209,595 | Land Value $24,000 | Improvement Value $185,595 | Tax Amount $2,175.95 | Change Rate | Assessed CR | Tax Rate +0.010382% |