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206 E Cottonwood Ln; Hobbs, NM Property Details

206 E Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 206 E Cottonwood Ln is 95,053 square feet.

Off market
206 E Cottonwood Ln Hobbs, NM 88242
$62,763 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $209,000
  • Open Loans / Balance: 2 / $194,463
  • Est. Equity / %: $51,537 / 20.95%
  • APN: 4 981 211 095 738
  • Situs County: Lea
  • Length Of Ownership: 7 years, 5 months

Measurements

  • Lot: 95,053/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 2 12919 YMH INC PHOTO 72919
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: 32.79024 / -103.13541
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8087

Ownership Info

206 E Cottonwood Ln has no associated ownership info
206 E Cottonwood Ln has no associated ownership info.

Taxes

206 E Cottonwood Ln has 10 associated Taxes items

206 E 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 $62,763. The APN we've located for 206 E Cottonwood Ln is 4 981 211 095 738.

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Taxes
  • Assessed Value:  $62,763
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 095 738
  • Assessed Land Value:  10927
  • Market Land Value:  32781
  • Tax Amount:  1453.28
  • Tax Year:  2025
  • Market Value:  188289
  • Market Year:  2025

Tax History

206 E Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $62,763 Land Value $10,927 Improvement Value $51,836 Tax Amount $1,453.28 Change Rate +0.017653% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $60,935 Land Value $10,609 Improvement Value $50,326 Tax Amount $1,428.07 Change Rate +0.016507% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $59,160 Land Value $10,300 Improvement Value $48,860 Tax Amount $1,404.88 Change Rate +0.016357% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $59,160 Land Value $10,300 Improvement Value $48,860 Tax Amount $1,382.27 Change Rate +0.002444% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $59,160 Land Value $10,300 Improvement Value $48,860 Tax Amount $1,378.9 Change Rate +0.02013% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $59,160 Land Value $10,300 Improvement Value $48,860 Tax Amount $1,351.69 Change Rate +3.771569% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $10,300 Land Value $10,300 Improvement Value Tax Amount $283.28 Change Rate Assessed CR Tax Rate +0.027503%