Taxes
- Assessed Value: $17,832
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 172 240 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 481.28
- Tax Year: 2025
- Market Value: 53496
- Market Year: 2025
208 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 $17,832. The APN we've located for 208 W Palace Ave is 4 000 172 240 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $17,832 | Land Value $867 | Improvement Value $16,965 | Tax Amount $481.28 | Change Rate +0.017118% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $17,313 | Land Value $842 | Improvement Value $16,471 | Tax Amount $473.18 | Change Rate +0.016171% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $16,808 | Land Value $817 | Improvement Value $15,991 | Tax Amount $465.65 | Change Rate +0.043356% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $16,808 | Land Value $817 | Improvement Value $15,991 | Tax Amount $446.3 | Change Rate +0.032552% | Assessed CR | Tax Rate +0.026553% |
| Year 2021 | Assessed Value $15,843 | Land Value $770 | Improvement Value $15,073 | Tax Amount $432.23 | Change Rate +0.045777% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $15,382 | Land Value $748 | Improvement Value $14,634 | Tax Amount $413.31 | Change Rate +0.04792% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $14,934 | Land Value $726 | Improvement Value $14,208 | Tax Amount $394.41 | Change Rate -0.10771% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $14,499 | Land Value $705 | Improvement Value $13,794 | Tax Amount $442.02 | Change Rate +0.030062% | Assessed CR | Tax Rate +0.030486% |
| Year 2017 | Assessed Value $42,228 | Land Value $2,052 | Improvement Value $40,176 | Tax Amount $429.12 | Change Rate | Assessed CR | Tax Rate +0.010162% |
| Year 2016 | Assessed Value $40,998 | Land Value $1,992 | Improvement Value $39,006 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $39,804 | Land Value $1,935 | Improvement Value $37,869 | Tax Amount $349.47 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $38,643 | Land Value $1,878 | Improvement Value $36,765 | Tax Amount | Change Rate | Assessed CR | Tax Rate |