Taxes
- Assessed Value: $23,568
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 040 570 001
- Assessed Land Value: 2625
- Market Land Value: 7875
- Tax Amount: 636.08
- Tax Year: 2025
- Market Value: 70704
- Market Year: 2025
203 E Palace Ave, 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 $23,568. The APN we've located for 203 E Palace Ave is 4 000 040 570 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $23,568 | Land Value $2,625 | Improvement Value $20,943 | Tax Amount $636.08 | Change Rate +0.017126% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $22,882 | Land Value $2,549 | Improvement Value $20,333 | Tax Amount $625.37 | Change Rate +0.016085% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $22,216 | Land Value $2,475 | Improvement Value $19,741 | Tax Amount $615.47 | Change Rate +0.043293% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $22,216 | Land Value $2,475 | Improvement Value $19,741 | Tax Amount $589.93 | Change Rate +0.032628% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $20,941 | Land Value $2,333 | Improvement Value $18,608 | Tax Amount $571.29 | Change Rate +0.01532% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $20,941 | Land Value $2,333 | Improvement Value $18,608 | Tax Amount $562.67 | Change Rate +0.01745% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $20,941 | Land Value $2,333 | Improvement Value $18,608 | Tax Amount $553.02 | Change Rate -0.151237% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $20,941 | Land Value $2,333 | Improvement Value $18,608 | Tax Amount $651.56 | Change Rate | Assessed CR | Tax Rate +0.031114% |
| Year 2017 | Assessed Value $62,823 | Land Value $6,999 | Improvement Value $55,824 | Tax Amount $651.56 | Change Rate -0.168271% | Assessed CR | Tax Rate +0.010371% |
| Year 2016 | Assessed Value $62,823 | Land Value $6,999 | Improvement Value $55,824 | Tax Amount $783.38 | Change Rate +0.144272% | Assessed CR | Tax Rate +0.01247% |
| Year 2015 | Assessed Value $62,823 | Land Value $6,999 | Improvement Value $55,824 | Tax Amount $684.61 | Change Rate +0.083569% | Assessed CR | Tax Rate +0.010897% |
| Year 2014 | Assessed Value $20,727 | Land Value $1,719 | Improvement Value $19,008 | Tax Amount $631.81 | Change Rate | Assessed CR | Tax Rate +0.030482% |