Taxes
- Assessed Value: $41,386
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 067 020 001
- Assessed Land Value: 4833
- Market Land Value: 14499
- Tax Amount: 1116.96
- Tax Year: 2025
- Market Value: 124158
- Market Year: 2025
301 W Rainbow Dr; Hobbs, NM Property Details
Off market
301 W Rainbow Dr Hobbs, NM 88240
$145,000 Listing Price
3 Beds
1 Baths
1,657 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1958
- Purchase Price: $175,800
- Open Loans: 1
- Inv. Liens: 1
- APN: 4 000 067 020 001
- Situs County: Lea
- Length Of Ownership: 4 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,657/SqFt
- Lot: 9,571/SqFt
- Price Per Square Foot: $106.10
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 24 62999 GRAJIOLA, JUAN CARLOS 122211 ARRIAGA, ABELARDO 121321 ARRIAGA, JESSICA PHOTO 102022
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: 32.688152 / -103.138985
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7333
Ownership Info
301 W Rainbow Dr has no associated ownership info
301 W Rainbow Dr has no associated ownership info.
Taxes
301 W Rainbow Dr has 10 associated Taxes items
301 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 $41,386. The APN we've located for 301 W Rainbow Dr is 4 000 067 020 001.
Unlock the full reportTax History
301 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 $41,386 | Land Value $4,833 | Improvement Value $36,553 | Tax Amount $1,116.96 | Change Rate -0.012484% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $41,386 | Land Value $4,833 | Improvement Value $36,553 | Tax Amount $1,131.08 | Change Rate -0.013484% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $41,386 | Land Value $4,833 | Improvement Value $36,553 | Tax Amount $1,146.54 | Change Rate +1.248647% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $41,386 | Land Value $4,833 | Improvement Value $36,553 | Tax Amount $509.88 | Change Rate +0.160955% | Assessed CR | Tax Rate +0.01232% |
| Year 2021 | Assessed Value $18,099 | Land Value $1,020 | Improvement Value $17,079 | Tax Amount $439.19 | Change Rate +0.049639% | Assessed CR | Tax Rate +0.024266% |
| Year 2020 | Assessed Value $17,572 | Land Value $990 | Improvement Value $16,582 | Tax Amount $418.42 | Change Rate +0.052047% | Assessed CR | Tax Rate +0.023812% |
| Year 2019 | Assessed Value $17,060 | Land Value $961 | Improvement Value $16,099 | Tax Amount $397.72 | Change Rate -0.182016% | Assessed CR | Tax Rate +0.023313% |
| Year 2018 | Assessed Value $16,563 | Land Value $933 | Improvement Value $15,630 | Tax Amount $486.22 | Change Rate +0.031241% | Assessed CR | Tax Rate +0.029356% |
| Year 2017 | Assessed Value $48,243 | Land Value $2,718 | Improvement Value $45,525 | Tax Amount $471.49 | Change Rate | Assessed CR | Tax Rate +0.009773% |
| Year 2016 | Assessed Value $46,839 | Land Value $2,640 | Improvement Value $44,199 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $45,474 | Land Value $2,562 | Improvement Value $42,912 | Tax Amount $346.57 | Change Rate | Assessed CR | Tax Rate +0.007621% |
| Year 2014 | Assessed Value $44,148 | Land Value $2,487 | Improvement Value $41,661 | Tax Amount | Change Rate | Assessed CR | Tax Rate |