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203 E Palace Ave; Hobbs, NM Property Details

203 E Palace Ave, Hobbs, NM is a Single Family that was built in 1950. This property is not for sale. Our records show that 203 E Palace Ave has 3 bedrooms, and 1 bathroom, and a total of 1,100 square feet. The lot size of 203 E Palace Ave is 7,924 square feet.

Off market
203 E Palace Ave Hobbs, NM 88240
$70,000 Listing Price
3 Beds
1 Baths
1,100 SqFt
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1950
  • Est. Equity / %: $138,000 / 100%
  • APN: 4 000 040 570 001
  • Situs County: Lea

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,100/SqFt
  • Lot: 7,924/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 21 LOT 5 92115-HAYNES, ALMA JOAN DECD PHOTO 103015
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.68479 / -103.135475
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7729

Ownership Info

203 E Palace Ave has no associated ownership info
203 E Palace Ave has no associated ownership info.

Taxes

203 E Palace Ave has 10 associated Taxes items

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.

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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

Tax History

203 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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%