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300 W Palace Ave; Hobbs, NM Property Details

300 W Palace Ave, Hobbs, NM is a Single Family that was built in 1916. This property is currently a cash purchase and is not for sale. Our records show that 300 W Palace Ave has 2 bedrooms, and 1 bathroom, and a total of 1,372 square feet. The lot size of 300 W Palace Ave is 7,843 square feet.

Off market
300 W Palace Ave Hobbs, NM 88240
$90,000 Listing Price
2 Beds
1 Baths
1,372 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1916
  • Est. Equity / %: $102,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 115 970 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1

Measurements

  • Total: 1,372/SqFt
  • Lot: 7,843/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 22 LOT 31 4425 GUTIERREZ, ALFRED ETAL
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: 32.68524 / -103.13897
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7632

Ownership Info

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

Taxes

300 W Palace Ave has 10 associated Taxes items

300 W 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 $14,752. The APN we've located for 300 W Palace Ave is 4 000 115 970 001.

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Taxes
  • Assessed Value:  $14,752
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 115 970 001
  • Assessed Land Value:  867
  • Market Land Value:  2601
  • Tax Amount:  398.14
  • Tax Year:  2025
  • Market Value:  44256
  • Market Year:  2025

Tax History

300 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,752 Land Value $867 Improvement Value $13,885 Tax Amount $398.14 Change Rate +0.01709% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $14,323 Land Value $842 Improvement Value $13,481 Tax Amount $391.45 Change Rate +0.016173% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $13,905 Land Value $817 Improvement Value $13,088 Tax Amount $385.22 Change Rate +0.043306% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $13,905 Land Value $817 Improvement Value $13,088 Tax Amount $369.23 Change Rate +0.032609% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $13,107 Land Value $770 Improvement Value $12,337 Tax Amount $357.57 Change Rate +0.04571% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $12,726 Land Value $748 Improvement Value $11,978 Tax Amount $341.94 Change Rate +0.048028% Assessed CR Tax Rate +0.026869%
Year 2019 Assessed Value $12,355 Land Value $726 Improvement Value $11,629 Tax Amount $326.27 Change Rate -0.110739% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $11,995 Land Value $705 Improvement Value $11,290 Tax Amount $366.9 Change Rate +0.030068% Assessed CR Tax Rate +0.030588%
Year 2017 Assessed Value $34,935 Land Value $2,052 Improvement Value $32,883 Tax Amount $356.19 Change Rate Assessed CR Tax Rate +0.010196%
Year 2016 Assessed Value $33,918 Land Value $1,992 Improvement Value $31,926 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $32,931 Land Value $1,935 Improvement Value $30,996 Tax Amount $289.13 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $31,971 Land Value $1,878 Improvement Value $30,093 Tax Amount Change Rate Assessed CR Tax Rate