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205 W Cottonwood Ln; Hobbs, NM Property Details

205 W Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 205 W Cottonwood Ln is 99,802 square feet.

Off market
205 W Cottonwood Ln Hobbs, NM 88242
$68,145 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $206,100
  • Open Loans / Balance: 1 / $179,329
  • Est. Equity / %: $63,671 / 26.2%
  • APN: 4 981 211 103 650
  • Situs County: Lea
  • Length Of Ownership: 7 years, 2 months

Measurements

  • Lot: 99,802/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 15 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 81419 REDESC FROM 42038 8619 YMH INC
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: 32.78834 / -103.1371
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8096

Ownership Info

205 W Cottonwood Ln has no associated ownership info
205 W Cottonwood Ln has no associated ownership info.

Taxes

205 W Cottonwood Ln has 10 associated Taxes items

205 W Cottonwood Ln, 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 $68,145. The APN we've located for 205 W Cottonwood Ln is 4 981 211 103 650.

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Taxes
  • Assessed Value:  $68,145
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 103 650
  • Assessed Land Value:  12378
  • Market Land Value:  37134
  • Tax Amount:  1531.59
  • Tax Year:  2025
  • Market Value:  204435
  • Market Year:  2025

Tax History

205 W Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,145 Land Value $12,378 Improvement Value $55,767 Tax Amount $1,531.59 Change Rate +0.018588% Assessed CR Tax Rate +0.022475%
Year 2024 Assessed Value $66,160 Land Value $12,017 Improvement Value $54,143 Tax Amount $1,503.64 Change Rate +0.017451% Assessed CR Tax Rate +0.022727%
Year 2023 Assessed Value $64,233 Land Value $11,667 Improvement Value $52,566 Tax Amount $1,477.85 Change Rate +0.016354% Assessed CR Tax Rate +0.023008%
Year 2022 Assessed Value $64,233 Land Value $11,667 Improvement Value $52,566 Tax Amount $1,454.07 Change Rate +0.002434% Assessed CR Tax Rate +0.022637%
Year 2021 Assessed Value $64,233 Land Value $11,667 Improvement Value $52,566 Tax Amount $1,450.54 Change Rate -0.011624% Assessed CR Tax Rate +0.022582%
Year 2020 Assessed Value $64,233 Land Value $11,667 Improvement Value $52,566 Tax Amount $1,467.6 Change Rate Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $391,400 Land Value $391,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate