Taxes
- Assessed Value: $12,774
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 154 580 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 290.77
- Tax Year: 2025
- Market Value: 38322
- Market Year: 2025
304 E Palace Ave; Hobbs, NM Property Details
Off market • Pre Probate ✓
304 E Palace Ave Hobbs, NM 88240
$12,774 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $158,000 / 100%
- APN: 4 000 154 580 001
- Situs County: Lea
Measurements
- Lot: 8,036/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 18 LOT 10 41416-LYNCH, VIRGIL JAMES
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68523 / -103.13388
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7732
Ownership Info
304 E Palace Ave has no associated ownership info
304 E Palace Ave has no associated ownership info.
Taxes
304 E Palace Ave has 10 associated Taxes items
304 E 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 $12,774. The APN we've located for 304 E Palace Ave is 4 000 154 580 001.
Unlock the full reportTax History
304 E Palace Ave 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 $12,774 | Land Value $867 | Improvement Value $11,907 | Tax Amount $290.77 | Change Rate +0.022758% | Assessed CR | Tax Rate +0.022763% |
| Year 2024 | Assessed Value $12,402 | Land Value $842 | Improvement Value $11,560 | Tax Amount $284.3 | Change Rate +0.022147% | Assessed CR | Tax Rate +0.022924% |
| Year 2023 | Assessed Value $12,040 | Land Value $817 | Improvement Value $11,223 | Tax Amount $278.14 | Change Rate +0.049506% | Assessed CR | Tax Rate +0.023101% |
| Year 2022 | Assessed Value $12,040 | Land Value $817 | Improvement Value $11,223 | Tax Amount $265.02 | Change Rate +0.039131% | Assessed CR | Tax Rate +0.022012% |
| Year 2021 | Assessed Value $11,349 | Land Value $770 | Improvement Value $10,579 | Tax Amount $255.04 | Change Rate +0.052362% | Assessed CR | Tax Rate +0.022472% |
| Year 2020 | Assessed Value $11,019 | Land Value $748 | Improvement Value $10,271 | Tax Amount $242.35 | Change Rate +0.055072% | Assessed CR | Tax Rate +0.021994% |
| Year 2019 | Assessed Value $10,698 | Land Value $726 | Improvement Value $9,972 | Tax Amount $229.7 | Change Rate -0.230898% | Assessed CR | Tax Rate +0.021471% |
| Year 2018 | Assessed Value $10,387 | Land Value $705 | Improvement Value $9,682 | Tax Amount $298.66 | Change Rate +0.03214% | Assessed CR | Tax Rate +0.028753% |
| Year 2017 | Assessed Value $30,252 | Land Value $2,052 | Improvement Value $28,200 | Tax Amount $289.36 | Change Rate | Assessed CR | Tax Rate +0.009565% |
| Year 2016 | Assessed Value $29,370 | Land Value $1,992 | Improvement Value $27,378 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $28,515 | Land Value $1,935 | Improvement Value $26,580 | Tax Amount $197.69 | Change Rate | Assessed CR | Tax Rate +0.006933% |
| Year 2014 | Assessed Value $27,684 | Land Value $1,878 | Improvement Value $25,806 | Tax Amount | Change Rate | Assessed CR | Tax Rate |