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229 W Cottonwood Ln; Hobbs, NM Property Details

229 W Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 229 W Cottonwood Ln is 99,793 square feet.

Off market
229 W Cottonwood Ln Hobbs, NM 88242
$52,982 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $246,200
  • Est. Equity / %: $243,000 / 100%
  • APN: 4 981 211 103 553
  • Situs County: Lea
  • Length Of Ownership: 6 years, 9 months

Measurements

  • Lot: 99,793/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 13 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 102819 REDESC FR 42038 102819 YMH IN
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: 32.78834 / -103.138115
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8096

Ownership Info

229 W Cottonwood Ln has no associated ownership info
229 W Cottonwood Ln has no associated ownership info.

Taxes

229 W Cottonwood Ln has 10 associated Taxes items

229 W Cottonwood Ln, 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 $52,982. The APN we've located for 229 W Cottonwood Ln is 4 981 211 103 553.

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Taxes
  • Assessed Value:  $52,982
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 103 553
  • Assessed Land Value:  11941
  • Market Land Value:  35823
  • Tax Amount:  1226.8
  • Tax Year:  2025
  • Market Value:  158946
  • Market Year:  2025

Tax History

229 W Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,982 Land Value $11,941 Improvement Value $41,041 Tax Amount $1,226.8 Change Rate -0.00544% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $52,634 Land Value $11,593 Improvement Value $41,041 Tax Amount $1,233.51 Change Rate -0.006732% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $52,296 Land Value $11,255 Improvement Value $41,041 Tax Amount $1,241.87 Change Rate +0.022772% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $52,296 Land Value $11,255 Improvement Value $41,041 Tax Amount $1,214.22 Change Rate +0.008606% Assessed CR Tax Rate +0.023218%
Year 2021 Assessed Value $51,650 Land Value $10,609 Improvement Value $41,041 Tax Amount $1,203.86 Change Rate +0.026282% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $51,341 Land Value $10,300 Improvement Value $41,041 Tax Amount $1,173.03 Change Rate Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $391,400 Land Value $391,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate