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
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.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |