Taxes
- Assessed Value: $20,204
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 010 650 001
- Assessed Land Value: 1933
- Market Land Value: 5799
- Tax Amount: 545.29
- Tax Year: 2025
- Market Value: 60612
- Market Year: 2025
208 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 $20,204. The APN we've located for 208 E Palace Ave is 4 000 010 650 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $20,204 | Land Value $1,933 | Improvement Value $18,271 | Tax Amount $545.29 | Change Rate +0.017142% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $19,616 | Land Value $1,877 | Improvement Value $17,739 | Tax Amount $536.1 | Change Rate +0.016111% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $19,044 | Land Value $1,822 | Improvement Value $17,222 | Tax Amount $527.6 | Change Rate +0.043286% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $19,044 | Land Value $1,822 | Improvement Value $17,222 | Tax Amount $505.71 | Change Rate +0.032672% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $17,950 | Land Value $1,717 | Improvement Value $16,233 | Tax Amount $489.71 | Change Rate +0.04583% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $17,427 | Land Value $1,667 | Improvement Value $15,760 | Tax Amount $468.25 | Change Rate +0.017426% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $17,427 | Land Value $1,667 | Improvement Value $15,760 | Tax Amount $460.23 | Change Rate -0.146901% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $17,427 | Land Value $1,667 | Improvement Value $15,760 | Tax Amount $539.48 | Change Rate | Assessed CR | Tax Rate +0.030957% |
| Year 2017 | Assessed Value $52,281 | Land Value $5,001 | Improvement Value $47,280 | Tax Amount $539.48 | Change Rate -0.39158% | Assessed CR | Tax Rate +0.010319% |
| Year 2016 | Assessed Value $52,281 | Land Value $5,001 | Improvement Value $47,280 | Tax Amount $886.69 | Change Rate +0.123972% | Assessed CR | Tax Rate +0.01696% |
| Year 2015 | Assessed Value $52,281 | Land Value $5,001 | Improvement Value $47,280 | Tax Amount $788.89 | Change Rate +0.070712% | Assessed CR | Tax Rate +0.015089% |
| Year 2014 | Assessed Value $52,281 | Land Value $5,001 | Improvement Value $47,280 | Tax Amount $736.79 | Change Rate | Assessed CR | Tax Rate +0.014093% |