Taxes
- Assessed Value: $15,915
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 157 440 001
- Assessed Land Value: 1667
- Market Land Value: 5001
- Tax Amount: 429.52
- Tax Year: 2025
- Market Value: 47745
- Market Year: 2025
205 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 $15,915. The APN we've located for 205 E Palace Ave is 4 000 157 440 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $15,915 | Land Value $1,667 | Improvement Value $14,248 | Tax Amount $429.52 | Change Rate +0.019705% | Assessed CR | Tax Rate +0.026988% |
| Year 2024 | Assessed Value $15,412 | Land Value $842 | Improvement Value $14,570 | Tax Amount $421.22 | Change Rate +0.016114% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $14,963 | Land Value $817 | Improvement Value $14,146 | Tax Amount $414.54 | Change Rate +0.04334% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $14,963 | Land Value $817 | Improvement Value $14,146 | Tax Amount $397.32 | Change Rate +0.032617% | Assessed CR | Tax Rate +0.026553% |
| Year 2021 | Assessed Value $14,104 | Land Value $770 | Improvement Value $13,334 | Tax Amount $384.77 | Change Rate +0.045684% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $13,694 | Land Value $748 | Improvement Value $12,946 | Tax Amount $367.96 | Change Rate +0.047991% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $13,295 | Land Value $726 | Improvement Value $12,569 | Tax Amount $351.11 | Change Rate -0.109513% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $12,908 | Land Value $705 | Improvement Value $12,203 | Tax Amount $394.29 | Change Rate +0.030016% | Assessed CR | Tax Rate +0.030546% |
| Year 2017 | Assessed Value $37,596 | Land Value $2,052 | Improvement Value $35,544 | Tax Amount $382.8 | Change Rate | Assessed CR | Tax Rate +0.010182% |
| Year 2016 | Assessed Value $36,501 | Land Value $1,992 | Improvement Value $34,509 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $35,439 | Land Value $1,935 | Improvement Value $33,504 | Tax Amount $311.17 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $34,407 | Land Value $1,878 | Improvement Value $32,529 | Tax Amount | Change Rate | Assessed CR | Tax Rate |