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303 W Palace Ave; Hobbs, NM Property Details

303 W Palace Ave, Hobbs, NM is a Single Family that was built in 1950. This property is not for sale. Our records show that 303 W Palace Ave has 3 bedrooms, and 1 bathroom. The lot size of 303 W Palace Ave is 8,667 square feet.

Off market
303 W Palace Ave Hobbs, NM 88240
$90,000 Listing Price
3 Beds
1 Baths
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Est. Equity / %: $146,000 / 100%
  • APN: 4 000 137 520 001
  • Situs County: Lea

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Lot: 8,667/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 23 LOT 7 699-LEOS, MARIO L SR
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: 32.684723 / -103.139175
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7631

Ownership Info

303 W Palace Ave has no associated ownership info
303 W Palace Ave has no associated ownership info.

Taxes

303 W Palace Ave has 10 associated Taxes items

303 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 $14,282. The APN we've located for 303 W Palace Ave is 4 000 137 520 001.

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Taxes
  • Assessed Value:  $14,282
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 137 520 001
  • Assessed Land Value:  867
  • Market Land Value:  2601
  • Tax Amount:  331.46
  • Tax Year:  2025
  • Market Value:  42846
  • Market Year:  2025

Tax History

303 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,282 Land Value $867 Improvement Value $13,415 Tax Amount $331.46 Change Rate +0.022047% Assessed CR Tax Rate +0.023208%
Year 2024 Assessed Value $13,866 Land Value $842 Improvement Value $13,024 Tax Amount $324.31 Change Rate +0.021288% Assessed CR Tax Rate +0.023389%
Year 2023 Assessed Value $13,462 Land Value $817 Improvement Value $12,645 Tax Amount $317.55 Change Rate +0.048747% Assessed CR Tax Rate +0.023589%
Year 2022 Assessed Value $13,462 Land Value $817 Improvement Value $12,645 Tax Amount $302.79 Change Rate +0.038303% Assessed CR Tax Rate +0.022492%
Year 2021 Assessed Value $12,689 Land Value $770 Improvement Value $11,919 Tax Amount $291.62 Change Rate +0.051641% Assessed CR Tax Rate +0.022982%
Year 2020 Assessed Value $12,320 Land Value $748 Improvement Value $11,572 Tax Amount $277.3 Change Rate +0.054172% Assessed CR Tax Rate +0.022508%
Year 2019 Assessed Value $11,961 Land Value $726 Improvement Value $11,235 Tax Amount $263.05 Change Rate -0.215806% Assessed CR Tax Rate +0.021992%
Year 2018 Assessed Value $11,613 Land Value $705 Improvement Value $10,908 Tax Amount $335.44 Change Rate +0.031933% Assessed CR Tax Rate +0.028885%
Year 2017 Assessed Value $33,822 Land Value $2,052 Improvement Value $31,770 Tax Amount $325.06 Change Rate Assessed CR Tax Rate +0.009611%
Year 2016 Assessed Value $32,838 Land Value $1,992 Improvement Value $30,846 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $31,884 Land Value $1,935 Improvement Value $29,949 Tax Amount $227.26 Change Rate Assessed CR Tax Rate +0.007128%
Year 2014 Assessed Value $30,954 Land Value $1,878 Improvement Value $29,076 Tax Amount Change Rate Assessed CR Tax Rate