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225 W Spears Dr; Hobbs, NM Property Details

225 W Spears Dr, Hobbs, NM is a Single Family that was built in 1980. This property is currently Financed,Intra-Family and is not for sale. The lot size of 225 W Spears Dr is 74,488 square feet.

Off market
225 W Spears Dr Hobbs, NM 88240
$242,968 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1980
  • Purchase Price: $532,000
  • Open Loans / Balance: 1 / $376,504
  • Inv. Liens: 1
  • APN: 4 920 613 160 410
  • Situs County: Lea
  • Length Of Ownership: 7 years, 7 months

Measurements

  • Lot: 74,488/SqFt

Legal Description

  • Description: SECTION-22 TOWNSHIP-18S RANGE-38E 1.71 AC LOC NE4NW4 TRACT A TR BEG S00D00E 874.67 & S90DOOE 1980.52 FR NW COR SEC 22, TH S90
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: 32.737373 / -103.138016
  • Subdivision: The Auld Division And Summary Replat
  • Property Class: Residential

Amenities

  • Plus Four: 1426

Ownership Info

225 W Spears Dr has no associated ownership info
225 W Spears Dr has no associated ownership info.

Taxes

225 W Spears Dr has 10 associated Taxes items

225 W Spears Dr, 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 $242,968. The APN we've located for 225 W Spears Dr is 4 920 613 160 410.

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Taxes
  • Assessed Value:  $242,968
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 920 613 160 410
  • Assessed Land Value:  14969
  • Market Land Value:  44907
  • Tax Amount:  5625.92
  • Tax Year:  2025
  • Market Value:  728904
  • Market Year:  2025

Tax History

225 W Spears Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $242,968 Land Value $14,969 Improvement Value $227,999 Tax Amount $5,625.92 Change Rate +0.017649% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $235,891 Land Value $14,533 Improvement Value $221,358 Tax Amount $5,528.35 Change Rate +0.016508% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $229,021 Land Value $14,110 Improvement Value $214,911 Tax Amount $5,438.57 Change Rate +0.046843% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $229,021 Land Value $14,110 Improvement Value $214,911 Tax Amount $5,195.21 Change Rate +0.004249% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $221,951 Land Value $13,300 Improvement Value $208,651 Tax Amount $5,173.23 Change Rate +0.021911% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $221,564 Land Value $12,913 Improvement Value $208,651 Tax Amount $5,062.31 Change Rate +0.021964% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $221,188 Land Value $12,537 Improvement Value $208,651 Tax Amount $4,953.51 Change Rate -0.265756% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $220,823 Land Value $12,172 Improvement Value $208,651 Tax Amount $6,746.41 Change Rate +0.002109% Assessed CR Tax Rate +0.030551%
Year 2017 Assessed Value $661,404 Land Value $35,451 Improvement Value $625,953 Tax Amount $6,732.21 Change Rate Assessed CR Tax Rate +0.010179%
Year 2016 Assessed Value $660,372 Land Value $34,419 Improvement Value $625,953 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $659,370 Land Value $33,417 Improvement Value $625,953 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $658,398 Land Value $32,445 Improvement Value $625,953 Tax Amount Change Rate Assessed CR Tax Rate