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301 E Cottonwood Ln; Hobbs, NM Property Details

301 E Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale. The lot size of 301 E Cottonwood Ln is 94,880 square feet.

Off market
301 E Cottonwood Ln Hobbs, NM 88242
$64,644 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $209,000
  • Open Loans / Balance: 1 / $178,622
  • Est. Equity / %: $62,378 / 25.88%
  • APN: 4 981 211 101 705
  • Situs County: Lea
  • Length Of Ownership: 7 years, 2 months

Measurements

  • Lot: 94,880/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 14 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 71119 REDESC FROM 42038 62619 YMH IN
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: 32.788345 / -103.13442
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8088

Ownership Info

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

Taxes

301 E Cottonwood Ln has 10 associated Taxes items

301 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 $64,644. The APN we've located for 301 E Cottonwood Ln is 4 981 211 101 705.

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Taxes
  • Assessed Value:  $64,644
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 101 705
  • Assessed Land Value:  11255
  • Market Land Value:  33765
  • Tax Amount:  1496.85
  • Tax Year:  2025
  • Market Value:  193932
  • Market Year:  2025

Tax History

301 E Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,644 Land Value $11,255 Improvement Value $53,389 Tax Amount $1,496.85 Change Rate +0.01767% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $62,761 Land Value $10,927 Improvement Value $51,834 Tax Amount $1,470.86 Change Rate +0.01651% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $60,933 Land Value $10,609 Improvement Value $50,324 Tax Amount $1,446.97 Change Rate +0.046845% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $60,933 Land Value $10,609 Improvement Value $50,324 Tax Amount $1,382.22 Change Rate +0.002444% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $59,158 Land Value $10,300 Improvement Value $48,858 Tax Amount $1,378.85 Change Rate +0.020139% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $59,158 Land Value $10,300 Improvement Value $48,858 Tax Amount $1,351.63 Change Rate -0.874438% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $391,400 Land Value $391,400 Improvement Value Tax Amount $10,764.67 Change Rate Assessed CR Tax Rate +0.027503%