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209 W Palace Ave; Hobbs, NM Property Details

209 W Palace Ave, Hobbs, NM is a Single Family that was built in 1992. This property is currently a cash purchase and is not for sale. Our records show that 209 W Palace Ave has 3 bedrooms, and a total of 1,001 square feet. The lot size of 209 W Palace Ave is 8,084 square feet.

Off market
209 W Palace Ave Hobbs, NM 88240
$40,000 Listing Price
3 Beds
1,001 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Est. Equity / %: $167,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 101 780 001
  • Situs County: Lea
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 3

Measurements

  • Total: 1,001/SqFt
  • Lot: 8,084/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 23 LOT 5 1992-LEE, HARRY C 0202-LEE, LUCILLE 83112-SALGADO, VICTOR MANUEL CAUSE NO. D-506-CV-2011-0107
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: 32.6848 / -103.13878
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7629

Ownership Info

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

Taxes

209 W Palace Ave has 10 associated Taxes items

209 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 $19,055. The APN we've located for 209 W Palace Ave is 4 000 101 780 001.

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Taxes
  • Assessed Value:  $19,055
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 101 780 001
  • Assessed Land Value:  867
  • Market Land Value:  2601
  • Tax Amount:  514.27
  • Tax Year:  2025
  • Market Value:  57165
  • Market Year:  2025

Tax History

209 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,055 Land Value $867 Improvement Value $18,188 Tax Amount $514.27 Change Rate +0.017128% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $18,500 Land Value $842 Improvement Value $17,658 Tax Amount $505.61 Change Rate +0.016118% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $17,961 Land Value $817 Improvement Value $17,144 Tax Amount $497.59 Change Rate +0.178397% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $17,961 Land Value $817 Improvement Value $17,144 Tax Amount $422.26 Change Rate +0.036755% Assessed CR Tax Rate +0.02351%
Year 2021 Assessed Value $16,930 Land Value $770 Improvement Value $16,160 Tax Amount $407.29 Change Rate +0.049933% Assessed CR Tax Rate +0.024057%
Year 2020 Assessed Value $16,437 Land Value $748 Improvement Value $15,689 Tax Amount $387.92 Change Rate +0.052357% Assessed CR Tax Rate +0.0236%
Year 2019 Assessed Value $15,958 Land Value $726 Improvement Value $15,232 Tax Amount $368.62 Change Rate -0.18418% Assessed CR Tax Rate +0.023099%
Year 2018 Assessed Value $15,493 Land Value $705 Improvement Value $14,788 Tax Amount $451.84 Change Rate +0.031433% Assessed CR Tax Rate +0.029164%
Year 2017 Assessed Value $45,123 Land Value $2,052 Improvement Value $43,071 Tax Amount $438.07 Change Rate Assessed CR Tax Rate +0.009708%
Year 2016 Assessed Value $43,809 Land Value $1,992 Improvement Value $41,817 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $42,534 Land Value $1,935 Improvement Value $40,599 Tax Amount $320.77 Change Rate Assessed CR Tax Rate +0.007541%
Year 2014 Assessed Value $41,295 Land Value $1,878 Improvement Value $39,417 Tax Amount Change Rate Assessed CR Tax Rate