Taxes
- Assessed Value: $12,874
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 100 550 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 293.48
- Tax Year: 2025
- Market Value: 38622
- Market Year: 2025
203 W Palace Ave; Hobbs, NM Property Details
Off market
203 W Palace Ave Hobbs, NM 88240
$12,874 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Est. Equity / %: $152,000 / 100%
- Inv. Liens: 1
- APN: 4 000 100 550 001
- Situs County: Lea
- Length Of Ownership: 2 years, 7 months
Measurements
- Lot: 8,310/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 2 700-LANE, DAYTON G
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: 32.68472 / -103.13819
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7629
Ownership Info
203 W Palace Ave has no associated ownership info
203 W Palace Ave has no associated ownership info.
Taxes
203 W Palace Ave has 10 associated Taxes items
203 W 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 $12,874. The APN we've located for 203 W Palace Ave is 4 000 100 550 001.
Unlock the full reportTax History
203 W Palace Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $12,874 | Land Value $867 | Improvement Value $12,007 | Tax Amount $293.48 | Change Rate +0.022792% | Assessed CR | Tax Rate +0.022796% |
| Year 2024 | Assessed Value $12,499 | Land Value $842 | Improvement Value $11,657 | Tax Amount $286.94 | Change Rate +0.022084% | Assessed CR | Tax Rate +0.022957% |
| Year 2023 | Assessed Value $12,134 | Land Value $817 | Improvement Value $11,317 | Tax Amount $280.74 | Change Rate +0.049535% | Assessed CR | Tax Rate +0.023137% |
| Year 2022 | Assessed Value $12,134 | Land Value $817 | Improvement Value $11,317 | Tax Amount $267.49 | Change Rate +0.039038% | Assessed CR | Tax Rate +0.022045% |
| Year 2021 | Assessed Value $11,437 | Land Value $770 | Improvement Value $10,667 | Tax Amount $257.44 | Change Rate +0.052322% | Assessed CR | Tax Rate +0.022509% |
| Year 2020 | Assessed Value $11,104 | Land Value $748 | Improvement Value $10,356 | Tax Amount $244.64 | Change Rate +0.055074% | Assessed CR | Tax Rate +0.022032% |
| Year 2019 | Assessed Value $10,780 | Land Value $726 | Improvement Value $10,054 | Tax Amount $231.87 | Change Rate -0.229745% | Assessed CR | Tax Rate +0.021509% |
| Year 2018 | Assessed Value $10,466 | Land Value $705 | Improvement Value $9,761 | Tax Amount $301.03 | Change Rate -0.034139% | Assessed CR | Tax Rate +0.028763% |
| Year 2017 | Assessed Value $30,483 | Land Value $2,052 | Improvement Value $28,431 | Tax Amount $311.67 | Change Rate | Assessed CR | Tax Rate +0.010224% |
| Year 2016 | Assessed Value $29,595 | Land Value $1,992 | Improvement Value $27,603 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $28,734 | Land Value $1,935 | Improvement Value $26,799 | Tax Amount $252.29 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $27,897 | Land Value $1,878 | Improvement Value $26,019 | Tax Amount | Change Rate | Assessed CR | Tax Rate |