Taxes
- Assessed Value: $34,081
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 048 340 001
- Assessed Land Value: 1920
- Market Land Value: 5760
- Tax Amount: 919.8
- Tax Year: 2025
- Market Value: 102243
- Market Year: 2025
300 W Rainbow Dr; Hobbs, NM Property Details
Off market
300 W Rainbow Dr Hobbs, NM 88240
$34,081 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $140,000 / 100%
- APN: 4 000 048 340 001
- Situs County: Lea
Measurements
- Lot: 9,418/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 8 LOT 1 1095-JONES, JAMES H SR 101404-JONES, LINDA FAYE ETAL 41305-CONTRACT RECEPTION #04510 11006-SWA
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: 32.68768 / -103.13897
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7334
Ownership Info
300 W Rainbow Dr has no associated ownership info
300 W Rainbow Dr has no associated ownership info.
Taxes
300 W Rainbow Dr has 10 associated Taxes items
300 W Rainbow 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 $34,081. The APN we've located for 300 W Rainbow Dr is 4 000 048 340 001.
Unlock the full reportTax History
300 W Rainbow Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $34,081 | Land Value $1,920 | Improvement Value $32,161 | Tax Amount $919.8 | Change Rate +0.01714% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $33,088 | Land Value $1,864 | Improvement Value $31,224 | Tax Amount $904.3 | Change Rate +0.016079% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $32,125 | Land Value $1,810 | Improvement Value $30,315 | Tax Amount $889.99 | Change Rate +0.043291% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $32,125 | Land Value $1,810 | Improvement Value $30,315 | Tax Amount $853.06 | Change Rate +0.032648% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $30,281 | Land Value $1,706 | Improvement Value $28,575 | Tax Amount $826.09 | Change Rate +0.04575% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $29,399 | Land Value $1,656 | Improvement Value $27,743 | Tax Amount $789.95 | Change Rate +0.047971% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $28,543 | Land Value $1,608 | Improvement Value $26,935 | Tax Amount $753.79 | Change Rate -0.109984% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $27,711 | Land Value $1,561 | Improvement Value $26,150 | Tax Amount $846.94 | Change Rate +0.02999% | Assessed CR | Tax Rate +0.030563% |
| Year 2017 | Assessed Value $80,712 | Land Value $4,548 | Improvement Value $76,164 | Tax Amount $822.28 | Change Rate | Assessed CR | Tax Rate +0.010188% |
| Year 2016 | Assessed Value $78,363 | Land Value $4,416 | Improvement Value $73,947 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $77,241 | Land Value $4,287 | Improvement Value $72,954 | Tax Amount $678.17 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $74,991 | Land Value $4,161 | Improvement Value $70,830 | Tax Amount | Change Rate | Assessed CR | Tax Rate |