Taxes
- Assessed Value: $495,333
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 023 145 654
- Assessed Land Value: 40279
- Market Land Value: 120837
- Tax Amount: 17087.51
- Tax Year: 2025
- Market Value: 1485999
- Market Year: 2025
2605 N French Dr; Hobbs, NM Property Details
Off market
2605 N French Dr Hobbs, NM 88240
$495,333 Estimated Value
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $3,750,000
- Open Loans / Balance: 1 / $2,578,023
- APN: 4 981 023 145 654
- Situs County: Lea
- Length Of Ownership: 7 years, 9 months
Measurements
- Lot: 440,827/SqFt
Legal Description
- Description: GRIMES LAND CO LTD SUB-DIV #2 TRACT 16 10.12 ACRES BEG AT A POINT WHICH LIES N0D3702W 1220.00 AND S89D2256W 31.4 OF SEC 20 TH
Building Insights
Land Information
- Property Type: Vacant parcels w/ imp.
- Flood Zone: D / Undetermined Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.729557 / -103.16404
- Subdivision: Grimes Land Co Ltd Sub-Div #2
- Property Class: Residential
Ownership Info
2605 N French Dr has no associated ownership info
2605 N French Dr has no associated ownership info.
Taxes
2605 N French Dr has 10 associated Taxes items
2605 N French 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 $495,333. The APN we've located for 2605 N French Dr is 4 981 023 145 654.
Unlock the full reportTax History
2605 N French Dr has 8 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $495,333 | Land Value $40,279 | Improvement Value $455,054 | Tax Amount $17,087.51 | Change Rate -0.00026% | Assessed CR | Tax Rate +0.034497% |
| Year 2024 | Assessed Value $495,333 | Land Value $40,279 | Improvement Value $455,054 | Tax Amount $17,091.96 | Change Rate +0.136846% | Assessed CR | Tax Rate +0.034506% |
| Year 2023 | Assessed Value $435,670 | Land Value $39,106 | Improvement Value $396,564 | Tax Amount $15,034.54 | Change Rate +0.042078% | Assessed CR | Tax Rate +0.034509% |
| Year 2022 | Assessed Value $435,670 | Land Value $39,106 | Improvement Value $396,564 | Tax Amount $14,427.46 | Change Rate +1.668303% | Assessed CR | Tax Rate +0.033116% |
| Year 2021 | Assessed Value $158,456 | Land Value $36,861 | Improvement Value $121,595 | Tax Amount $5,406.98 | Change Rate +0.024719% | Assessed CR | Tax Rate +0.034123% |
| Year 2020 | Assessed Value $157,382 | Land Value $35,787 | Improvement Value $121,595 | Tax Amount $5,276.55 | Change Rate +3.593897% | Assessed CR | Tax Rate +0.033527% |
| Year 2019 | Assessed Value $34,745 | Land Value $34,745 | Improvement Value | Tax Amount $1,148.6 | Change Rate +4.294063% | Assessed CR | Tax Rate +0.033058% |
| Year 2018 | Assessed Value $5,424 | Land Value $5,424 | Improvement Value | Tax Amount $216.96 | Change Rate | Assessed CR | Tax Rate +0.04% |