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302 W Rainbow Dr; Hobbs, NM Property Details

302 W Rainbow Dr, Hobbs, NM is a Single Family that was built in 1990. This property is not for sale. The lot size of 302 W Rainbow Dr is 8,407 square feet.

Off market
302 W Rainbow Dr Hobbs, NM 88240
$6,311 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1990
  • Est. Equity / %: $133,000 / 100%
  • APN: 4 000 037 700 001
  • Situs County: Lea

Measurements

  • Lot: 8,407/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 8 LOT 2 1990-GUFFEY, DOROTHY 4604-CONTRACT BK 1294283 PHOTO AVAILABLE 2712-HAMILTON, JIMMY DON AND HAM
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: 32.687695 / -103.13916
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7334

Ownership Info

302 W Rainbow Dr has no associated ownership info
302 W Rainbow Dr has no associated ownership info.

Taxes

302 W Rainbow Dr has 10 associated Taxes items

302 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 $6,311. The APN we've located for 302 W Rainbow Dr is 4 000 037 700 001.

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Taxes
  • Assessed Value:  $6,311
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 037 700 001
  • Assessed Land Value:  574
  • Market Land Value:  1722
  • Tax Amount:  170.33
  • Tax Year:  2025
  • Market Value:  18933
  • Market Year:  2025

Tax History

302 W Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,311 Land Value $574 Improvement Value $5,737 Tax Amount $170.33 Change Rate +0.017199% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $6,127 Land Value $557 Improvement Value $5,570 Tax Amount $167.45 Change Rate +0.01608% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $5,949 Land Value $541 Improvement Value $5,408 Tax Amount $164.8 Change Rate +0.043368% Assessed CR Tax Rate +0.027702%
Year 2022 Assessed Value $5,949 Land Value $541 Improvement Value $5,408 Tax Amount $157.95 Change Rate +0.032555% Assessed CR Tax Rate +0.026551%
Year 2021 Assessed Value $5,607 Land Value $510 Improvement Value $5,097 Tax Amount $152.97 Change Rate +0.045663% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $5,444 Land Value $495 Improvement Value $4,949 Tax Amount $146.29 Change Rate +0.017528% Assessed CR Tax Rate +0.026872%
Year 2019 Assessed Value $5,444 Land Value $495 Improvement Value $4,949 Tax Amount $143.77 Change Rate -0.145599% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $5,444 Land Value $495 Improvement Value $4,949 Tax Amount $168.27 Change Rate Assessed CR Tax Rate +0.030909%
Year 2017 Assessed Value $16,332 Land Value $1,485 Improvement Value $14,847 Tax Amount $168.27 Change Rate Assessed CR Tax Rate +0.010303%
Year 2016 Assessed Value $16,332 Land Value $1,485 Improvement Value $14,847 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $16,332 Land Value $1,485 Improvement Value $14,847 Tax Amount $143.39 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $16,332 Land Value $1,485 Improvement Value $14,847 Tax Amount Change Rate Assessed CR Tax Rate