Taxes
- Assessed Value: $12,360
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 153 330 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 333.57
- Tax Year: 2025
- Market Value: 37080
- Market Year: 2025
305 E Palace Ave; Hobbs, NM Property Details
Off market
305 E Palace Ave Hobbs, NM 88240
$12,360 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $151,000 / 100%
- APN: 4 000 153 330 001
- Situs County: Lea
Measurements
- Lot: 8,159/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 19 LOT 3 4416-REED, THOMAS R DECD
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.684784 / -103.133705
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7731
Ownership Info
305 E Palace Ave has no associated ownership info
305 E Palace Ave has no associated ownership info.
Taxes
305 E Palace Ave has 10 associated Taxes items
305 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 $12,360. The APN we've located for 305 E Palace Ave is 4 000 153 330 001.
Unlock the full reportTax History
305 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 $12,360 | Land Value $867 | Improvement Value $11,493 | Tax Amount $333.57 | Change Rate +0.017106% | Assessed CR | Tax Rate +0.026988% |
| Year 2024 | Assessed Value $12,000 | Land Value $842 | Improvement Value $11,158 | Tax Amount $327.96 | Change Rate +0.016111% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $11,650 | Land Value $817 | Improvement Value $10,833 | Tax Amount $322.76 | Change Rate +0.043416% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $11,650 | Land Value $817 | Improvement Value $10,833 | Tax Amount $309.33 | Change Rate +0.03258% | Assessed CR | Tax Rate +0.026552% |
| Year 2021 | Assessed Value $10,981 | Land Value $770 | Improvement Value $10,211 | Tax Amount $299.57 | Change Rate +0.045656% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $10,662 | Land Value $748 | Improvement Value $9,914 | Tax Amount $286.49 | Change Rate +0.048032% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $10,351 | Land Value $726 | Improvement Value $9,625 | Tax Amount $273.36 | Change Rate -0.11405% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $10,050 | Land Value $705 | Improvement Value $9,345 | Tax Amount $308.55 | Change Rate +0.030045% | Assessed CR | Tax Rate +0.030701% |
| Year 2017 | Assessed Value $29,271 | Land Value $2,052 | Improvement Value $27,219 | Tax Amount $299.55 | Change Rate | Assessed CR | Tax Rate +0.010234% |
| Year 2016 | Assessed Value $28,419 | Land Value $1,992 | Improvement Value $26,427 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $27,591 | Land Value $1,935 | Improvement Value $25,656 | Tax Amount $242.24 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $26,787 | Land Value $1,878 | Improvement Value $24,909 | Tax Amount | Change Rate | Assessed CR | Tax Rate |