Taxes
- Assessed Value: $19,795
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 025 240 001
- Assessed Land Value: 2281
- Market Land Value: 6843
- Tax Amount: 480.27
- Tax Year: 2025
- Market Value: 59385
- Market Year: 2025
205 W Palace Ave; Hobbs, NM Property Details
Off market
205 W Palace Ave Hobbs, NM 88240
$19,795 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Est. Equity / %: $141,000 / 100%
- APN: 4 000 025 240 001
- Situs County: Lea
Measurements
- Lot: 8,086/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 3 31708-DE SOTO, JAMES A PHOTO 508
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: 32.68477 / -103.1384
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7629
Ownership Info
205 W Palace Ave has no associated ownership info
205 W Palace Ave has no associated ownership info.
Taxes
205 W Palace Ave has 10 associated Taxes items
205 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 $19,795. The APN we've located for 205 W Palace Ave is 4 000 025 240 001.
Unlock the full reportTax History
205 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 $19,795 | Land Value $2,281 | Improvement Value $17,514 | Tax Amount $480.27 | Change Rate +0.020548% | Assessed CR | Tax Rate +0.024262% |
| Year 2024 | Assessed Value $19,219 | Land Value $2,215 | Improvement Value $17,004 | Tax Amount $470.6 | Change Rate +0.019674% | Assessed CR | Tax Rate +0.024486% |
| Year 2023 | Assessed Value $18,659 | Land Value $2,150 | Improvement Value $16,509 | Tax Amount $461.52 | Change Rate +0.0471% | Assessed CR | Tax Rate +0.024734% |
| Year 2022 | Assessed Value $18,659 | Land Value $2,150 | Improvement Value $16,509 | Tax Amount $440.76 | Change Rate +0.036521% | Assessed CR | Tax Rate +0.023622% |
| Year 2021 | Assessed Value $17,587 | Land Value $2,026 | Improvement Value $15,561 | Tax Amount $425.23 | Change Rate +0.049795% | Assessed CR | Tax Rate +0.024179% |
| Year 2020 | Assessed Value $17,075 | Land Value $1,967 | Improvement Value $15,108 | Tax Amount $405.06 | Change Rate +0.017457% | Assessed CR | Tax Rate +0.023722% |
| Year 2019 | Assessed Value $17,075 | Land Value $1,967 | Improvement Value $15,108 | Tax Amount $398.11 | Change Rate -0.22232% | Assessed CR | Tax Rate +0.023315% |
| Year 2018 | Assessed Value $17,075 | Land Value $1,967 | Improvement Value $15,108 | Tax Amount $511.92 | Change Rate | Assessed CR | Tax Rate +0.029981% |
| Year 2017 | Assessed Value $51,225 | Land Value $5,901 | Improvement Value $45,324 | Tax Amount $511.92 | Change Rate | Assessed CR | Tax Rate +0.009994% |
| Year 2016 | Assessed Value $51,225 | Land Value $5,901 | Improvement Value $45,324 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $51,225 | Land Value $5,901 | Improvement Value $45,324 | Tax Amount $397.07 | Change Rate | Assessed CR | Tax Rate +0.007751% |
| Year 2014 | Assessed Value $51,225 | Land Value $5,901 | Improvement Value $45,324 | Tax Amount | Change Rate | Assessed CR | Tax Rate |