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206 W Palace Ave; Hobbs, NM Property Details

206 W 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 W Palace Ave is 8,354 square feet.

Off market
206 W Palace Ave Hobbs, NM 88240
$13,347 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Est. Equity / %: $153,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 141 830 001
  • Situs County: Lea
  • Length Of Ownership: 2 years, 9 months

Measurements

  • Lot: 8,354/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 22 E 50 OF LOT 34 W 10 OF LOT 35 91123 JENSON, DEBRA L 2214688 91123 MENDENHALL, VICKIE E 2214 689 911
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: 32.685246 / -103.138336
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7630

Ownership Info

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

Taxes

206 W Palace Ave has 10 associated Taxes items

206 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 $13,347. The APN we've located for 206 W Palace Ave is 4 000 141 830 001.

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Taxes
  • Assessed Value:  $13,347
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 141 830 001
  • Assessed Land Value:  3333
  • Market Land Value:  9999
  • Tax Amount:  360.22
  • Tax Year:  2025
  • Market Value:  40041
  • Market Year:  2025

Tax History

206 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $13,347 Land Value $3,333 Improvement Value $10,014 Tax Amount $360.22 Change Rate -0.012501% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $13,347 Land Value $3,333 Improvement Value $10,014 Tax Amount $364.78 Change Rate +0.101223% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $11,957 Land Value $817 Improvement Value $11,140 Tax Amount $331.25 Change Rate +0.043241% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $11,957 Land Value $817 Improvement Value $11,140 Tax Amount $317.52 Change Rate +0.032653% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $11,271 Land Value $770 Improvement Value $10,501 Tax Amount $307.48 Change Rate +0.045779% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $10,943 Land Value $748 Improvement Value $10,195 Tax Amount $294.02 Change Rate +0.047938% Assessed CR Tax Rate +0.026868%
Year 2019 Assessed Value $10,624 Land Value $726 Improvement Value $9,898 Tax Amount $280.57 Change Rate -0.113523% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $10,315 Land Value $705 Improvement Value $9,610 Tax Amount $316.5 Change Rate +0.030072% Assessed CR Tax Rate +0.030683%
Year 2017 Assessed Value $30,042 Land Value $2,052 Improvement Value $27,990 Tax Amount $307.26 Change Rate Assessed CR Tax Rate +0.010228%
Year 2016 Assessed Value $29,166 Land Value $1,992 Improvement Value $27,174 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $28,317 Land Value $1,935 Improvement Value $26,382 Tax Amount $248.64 Change Rate Assessed CR Tax Rate +0.008781%
Year 2014 Assessed Value $27,492 Land Value $1,878 Improvement Value $25,614 Tax Amount Change Rate Assessed CR Tax Rate