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300 E Cottonwood Ln; Hobbs, NM Property Details

300 E Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 300 E Cottonwood Ln is 95,053 square feet.

Off market
300 E Cottonwood Ln Hobbs, NM 88242
$64,352 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $209,000
  • Open Loans / Balance: 2 / $27,814
  • Est. Equity / %: $227,186 / 89.09%
  • APN: 4 981 211 095 949
  • Situs County: Lea
  • Length Of Ownership: 7 years, 5 months

Measurements

  • Lot: 95,053/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 4 22619 YMH INC PHOTO 72919
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: 32.79024 / -103.13442
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8088

Ownership Info

300 E Cottonwood Ln has no associated ownership info
300 E Cottonwood Ln has no associated ownership info.

Taxes

300 E Cottonwood Ln has 10 associated Taxes items

300 E 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 $64,352. The APN we've located for 300 E Cottonwood Ln is 4 981 211 095 949.

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Taxes
  • Assessed Value:  $64,352
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 095 949
  • Assessed Land Value:  10927
  • Market Land Value:  32781
  • Tax Amount:  1490.07
  • Tax Year:  2025
  • Market Value:  193056
  • Market Year:  2025

Tax History

300 E Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,352 Land Value $10,927 Improvement Value $53,425 Tax Amount $1,490.07 Change Rate +0.017648% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $62,478 Land Value $10,609 Improvement Value $51,869 Tax Amount $1,464.23 Change Rate +0.016516% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $60,658 Land Value $10,300 Improvement Value $50,358 Tax Amount $1,440.44 Change Rate +0.016348% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $60,658 Land Value $10,300 Improvement Value $50,358 Tax Amount $1,417.27 Change Rate +0.002447% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $60,658 Land Value $10,300 Improvement Value $50,358 Tax Amount $1,413.81 Change Rate +0.020131% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $60,658 Land Value $10,300 Improvement Value $50,358 Tax Amount $1,385.91 Change Rate +3.892368% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $10,300 Land Value $10,300 Improvement Value Tax Amount $283.28 Change Rate Assessed CR Tax Rate +0.027503%