Taxes
- Assessed Value: $16,938
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 127 330 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 403.16
- Tax Year: 2025
- Market Value: 50814
- Market Year: 2025
304 W Palace Ave; Hobbs, NM Property Details
Off market
304 W Palace Ave Hobbs, NM 88240
$16,938 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1990
- Est. Equity / %: $124,000 / 100%
- APN: 4 000 127 330 001
- Situs County: Lea
Measurements
- Lot: 8,059/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 22 LOT 29 1990-LEOS, MARIO JR
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: 32.68528 / -103.13938
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7632
Ownership Info
304 W Palace Ave has no associated ownership info
304 W Palace Ave has no associated ownership info.
Taxes
304 W Palace Ave has 10 associated Taxes items
304 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 $16,938. The APN we've located for 304 W Palace Ave is 4 000 127 330 001.
Unlock the full reportTax History
304 W 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 $16,938 | Land Value $867 | Improvement Value $16,071 | Tax Amount $403.16 | Change Rate +0.021201% | Assessed CR | Tax Rate +0.023802% |
| Year 2024 | Assessed Value $16,445 | Land Value $842 | Improvement Value $15,603 | Tax Amount $394.79 | Change Rate +0.020366% | Assessed CR | Tax Rate +0.024007% |
| Year 2023 | Assessed Value $15,966 | Land Value $817 | Improvement Value $15,149 | Tax Amount $386.91 | Change Rate +0.047827% | Assessed CR | Tax Rate +0.024233% |
| Year 2022 | Assessed Value $15,966 | Land Value $817 | Improvement Value $15,149 | Tax Amount $369.25 | Change Rate +0.037161% | Assessed CR | Tax Rate +0.023127% |
| Year 2021 | Assessed Value $15,050 | Land Value $770 | Improvement Value $14,280 | Tax Amount $356.02 | Change Rate +0.050547% | Assessed CR | Tax Rate +0.023656% |
| Year 2020 | Assessed Value $14,612 | Land Value $748 | Improvement Value $13,864 | Tax Amount $338.89 | Change Rate +0.053075% | Assessed CR | Tax Rate +0.023193% |
| Year 2019 | Assessed Value $14,186 | Land Value $726 | Improvement Value $13,460 | Tax Amount $321.81 | Change Rate -0.195957% | Assessed CR | Tax Rate +0.022685% |
| Year 2018 | Assessed Value $13,773 | Land Value $705 | Improvement Value $13,068 | Tax Amount $400.24 | Change Rate +0.031626% | Assessed CR | Tax Rate +0.02906% |
| Year 2017 | Assessed Value $40,113 | Land Value $2,052 | Improvement Value $38,061 | Tax Amount $387.97 | Change Rate | Assessed CR | Tax Rate +0.009672% |
| Year 2016 | Assessed Value $38,943 | Land Value $1,992 | Improvement Value $36,951 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $37,809 | Land Value $1,935 | Improvement Value $35,874 | Tax Amount $279.29 | Change Rate | Assessed CR | Tax Rate +0.007387% |
| Year 2014 | Assessed Value $36,708 | Land Value $1,878 | Improvement Value $34,830 | Tax Amount | Change Rate | Assessed CR | Tax Rate |