Large Location Icon

300 E Palace Ave; Hobbs, NM Property Details

300 E Palace Ave, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 300 E Palace Ave is 12,296 square feet.

Off market
300 E Palace Ave Hobbs, NM 88240
$13,000 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $167,000 / 100%
  • APN: 4 000 121 530 001
  • Situs County: Lea

Measurements

  • Lot: 12,296/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 18 LOT 8 1293-REED, T R PHOTO 12811 4416-REED, THOMAS R DECD 4416-TOD DEED BK2016PG991
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.685257 / -103.1343
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7732

Ownership Info

300 E Palace Ave has no associated ownership info
300 E Palace Ave has no associated ownership info.

Taxes

300 E Palace Ave has 10 associated Taxes items

300 E 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 $13,000. The APN we've located for 300 E Palace Ave is 4 000 121 530 001.

Unlock the full report
Taxes
  • Assessed Value:  $13,000
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 121 530 001
  • Assessed Land Value:  1317
  • Market Land Value:  3951
  • Tax Amount:  350.85
  • Tax Year:  2025
  • Market Value:  39000
  • Market Year:  2025

Tax History

300 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $13,000 Land Value $1,317 Improvement Value $11,683 Tax Amount $350.85 Change Rate +0.017074% Assessed CR Tax Rate +0.026988%
Year 2024 Assessed Value $12,622 Land Value $1,279 Improvement Value $11,343 Tax Amount $344.96 Change Rate +0.016053% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $12,255 Land Value $1,242 Improvement Value $11,013 Tax Amount $339.51 Change Rate +0.043266% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $12,255 Land Value $1,242 Improvement Value $11,013 Tax Amount $325.43 Change Rate +0.032587% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $11,552 Land Value $1,171 Improvement Value $10,381 Tax Amount $315.16 Change Rate +0.045792% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $11,216 Land Value $1,137 Improvement Value $10,079 Tax Amount $301.36 Change Rate +0.047954% Assessed CR Tax Rate +0.026869%
Year 2019 Assessed Value $10,889 Land Value $1,104 Improvement Value $9,785 Tax Amount $287.57 Change Rate -0.122941% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $10,572 Land Value $1,072 Improvement Value $9,500 Tax Amount $327.88 Change Rate +0.03% Assessed CR Tax Rate +0.031014%
Year 2017 Assessed Value $30,792 Land Value $3,123 Improvement Value $27,669 Tax Amount $318.33 Change Rate Assessed CR Tax Rate +0.010338%
Year 2016 Assessed Value $29,895 Land Value $3,033 Improvement Value $26,862 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $29,025 Land Value $2,946 Improvement Value $26,079 Tax Amount $254.85 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $28,179 Land Value $2,859 Improvement Value $25,320 Tax Amount Change Rate Assessed CR Tax Rate