Taxes
- Assessed Value: $48,784
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 073 770 001
- Assessed Land Value: 4933
- Market Land Value: 14799
- Tax Amount: 1316.62
- Tax Year: 2025
- Market Value: 146352
- Market Year: 2025
301 W Palace Ave; Hobbs, NM Property Details
Off market
301 W Palace Ave Hobbs, NM 88240
$75,000 Listing Price
2 Beds
2 Baths
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1950
- Open Loans / Balance: 1 / $85,584
- Est. Equity / %: $56,416 / 39.73%
- Inv. Liens: 1
- APN: 4 000 073 770 001
- Situs County: Lea
- Length Of Ownership: 1 year, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 2
Measurements
- Lot: 7,847/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 6 11624 DMB TEXAS HOMELAND PROPERTIES LLC
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: 32.684776 / -103.13898
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7631
Ownership Info
301 W Palace Ave has no associated ownership info
301 W Palace Ave has no associated ownership info.
Taxes
301 W Palace Ave has 10 associated Taxes items
301 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 $48,784. The APN we've located for 301 W Palace Ave is 4 000 073 770 001.
Unlock the full reportTax History
301 W Palace Ave 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 $48,784 | Land Value $4,933 | Improvement Value $43,851 | Tax Amount $1,316.62 | Change Rate +1.595757% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $18,559 | Land Value $1,939 | Improvement Value $16,620 | Tax Amount $507.22 | Change Rate +0.016066% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $18,019 | Land Value $1,883 | Improvement Value $16,136 | Tax Amount $499.2 | Change Rate +0.012905% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $18,019 | Land Value $1,883 | Improvement Value $16,136 | Tax Amount $492.84 | Change Rate +0.002563% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $18,019 | Land Value $1,883 | Improvement Value $16,136 | Tax Amount $491.58 | Change Rate +0.015284% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $18,019 | Land Value $1,883 | Improvement Value $16,136 | Tax Amount $484.18 | Change Rate +0.017441% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $18,019 | Land Value $1,883 | Improvement Value $16,136 | Tax Amount $475.88 | Change Rate +0.034229% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $14,748 | Land Value $1,769 | Improvement Value $12,979 | Tax Amount $460.13 | Change Rate | Assessed CR | Tax Rate +0.031199% |
| Year 2017 | Assessed Value $44,244 | Land Value $5,307 | Improvement Value $38,937 | Tax Amount $460.13 | Change Rate | Assessed CR | Tax Rate +0.0104% |
| Year 2016 | Assessed Value $44,244 | Land Value $5,307 | Improvement Value $38,937 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $44,244 | Land Value $5,307 | Improvement Value $38,937 | Tax Amount $335.79 | Change Rate | Assessed CR | Tax Rate +0.00759% |
| Year 2014 | Assessed Value $44,244 | Land Value $5,307 | Improvement Value $38,937 | Tax Amount | Change Rate | Assessed CR | Tax Rate |