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206 E Palace Ave; Hobbs, NM Property Details

206 E Palace Ave, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 206 E Palace Ave is 8,152 square feet.

Off market
206 E Palace Ave Hobbs, NM 88240
$15,839 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $150,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 149 120 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 7 months

Measurements

  • Lot: 8,152/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 20 LOT 22
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.685223 / -103.13508
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7730

Ownership Info

206 E Palace Ave has no associated ownership info
206 E Palace Ave has no associated ownership info.

Taxes

206 E Palace Ave has 10 associated Taxes items

206 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 $15,839. The APN we've located for 206 E Palace Ave is 4 000 149 120 001.

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Taxes
  • Assessed Value:  $15,839
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 149 120 001
  • Assessed Land Value:  867
  • Market Land Value:  2601
  • Tax Amount:  373.5
  • Tax Year:  2025
  • Market Value:  47517
  • Market Year:  2025

Tax History

206 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,839 Land Value $867 Improvement Value $14,972 Tax Amount $373.5 Change Rate +0.02158% Assessed CR Tax Rate +0.023581%
Year 2024 Assessed Value $15,378 Land Value $842 Improvement Value $14,536 Tax Amount $365.61 Change Rate +0.020658% Assessed CR Tax Rate +0.023775%
Year 2023 Assessed Value $14,930 Land Value $817 Improvement Value $14,113 Tax Amount $358.21 Change Rate +0.048164% Assessed CR Tax Rate +0.023993%
Year 2022 Assessed Value $14,930 Land Value $817 Improvement Value $14,113 Tax Amount $341.75 Change Rate +0.037587% Assessed CR Tax Rate +0.02289%
Year 2021 Assessed Value $14,073 Land Value $770 Improvement Value $13,303 Tax Amount $329.37 Change Rate +0.050924% Assessed CR Tax Rate +0.023404%
Year 2020 Assessed Value $13,664 Land Value $748 Improvement Value $12,916 Tax Amount $313.41 Change Rate +0.053408% Assessed CR Tax Rate +0.022937%
Year 2019 Assessed Value $13,266 Land Value $726 Improvement Value $12,540 Tax Amount $297.52 Change Rate -0.20332% Assessed CR Tax Rate +0.022427%
Year 2018 Assessed Value $12,880 Land Value $705 Improvement Value $12,175 Tax Amount $373.45 Change Rate +0.031744% Assessed CR Tax Rate +0.028995%
Year 2017 Assessed Value $37,512 Land Value $2,052 Improvement Value $35,460 Tax Amount $361.96 Change Rate Assessed CR Tax Rate +0.009649%
Year 2016 Assessed Value $36,420 Land Value $1,992 Improvement Value $34,428 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $35,361 Land Value $1,935 Improvement Value $33,426 Tax Amount $257.79 Change Rate Assessed CR Tax Rate +0.00729%
Year 2014 Assessed Value $34,329 Land Value $1,878 Improvement Value $32,451 Tax Amount Change Rate Assessed CR Tax Rate