Taxes
- Assessed Value: $16,535
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 002 630 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 446.26
- Tax Year: 2025
- Market Value: 49605
- Market Year: 2025
303 W Rainbow Dr; Hobbs, NM Property Details
Off market
303 W Rainbow Dr Hobbs, NM 88240
$16,535 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Est. Equity / %: $134,000 / 100%
- Inv. Liens: 1
- APN: 4 000 002 630 001
- Situs County: Lea
- Length Of Ownership: 3 years, 7 months
Measurements
- Lot: 8,544/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 23 5594 TREVINO, FRANK 102122 TREVINO, ESTELA PHOTO 62223
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: 32.68815 / -103.13917
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7333
Ownership Info
303 W Rainbow Dr has no associated ownership info
303 W Rainbow Dr has no associated ownership info.
Taxes
303 W Rainbow Dr has 10 associated Taxes items
303 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 $16,535. The APN we've located for 303 W Rainbow Dr is 4 000 002 630 001.
Unlock the full reportTax History
303 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 $16,535 | Land Value $867 | Improvement Value $15,668 | Tax Amount $446.26 | Change Rate +0.017117% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $16,054 | Land Value $842 | Improvement Value $15,212 | Tax Amount $438.75 | Change Rate +0.016119% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $15,586 | Land Value $817 | Improvement Value $14,769 | Tax Amount $431.79 | Change Rate +0.202188% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $15,586 | Land Value $817 | Improvement Value $14,769 | Tax Amount $359.17 | Change Rate +0.037404% | Assessed CR | Tax Rate +0.023044% |
| Year 2021 | Assessed Value $14,691 | Land Value $770 | Improvement Value $13,921 | Tax Amount $346.22 | Change Rate +0.050584% | Assessed CR | Tax Rate +0.023567% |
| Year 2020 | Assessed Value $14,264 | Land Value $748 | Improvement Value $13,516 | Tax Amount $329.55 | Change Rate +0.053212% | Assessed CR | Tax Rate +0.023104% |
| Year 2019 | Assessed Value $13,848 | Land Value $726 | Improvement Value $13,122 | Tax Amount $312.9 | Change Rate -0.198514% | Assessed CR | Tax Rate +0.022595% |
| Year 2018 | Assessed Value $13,445 | Land Value $705 | Improvement Value $12,740 | Tax Amount $390.4 | Change Rate +0.031631% | Assessed CR | Tax Rate +0.029037% |
| Year 2017 | Assessed Value $39,159 | Land Value $2,052 | Improvement Value $37,107 | Tax Amount $378.43 | Change Rate +46.185787% | Assessed CR | Tax Rate +0.009664% |
| Year 2016 | Assessed Value $38,019 | Land Value $1,992 | Improvement Value $36,027 | Tax Amount $8.02 | Change Rate +0.124825% | Assessed CR | Tax Rate +0.000211% |
| Year 2015 | Assessed Value $36,912 | Land Value $1,935 | Improvement Value $34,977 | Tax Amount $7.13 | Change Rate +0.068966% | Assessed CR | Tax Rate +0.000193% |
| Year 2014 | Assessed Value $35,835 | Land Value $1,878 | Improvement Value $33,957 | Tax Amount $6.67 | Change Rate | Assessed CR | Tax Rate +0.000186% |