Taxes
- Assessed Value: $18,417
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 001 990 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 497.05
- Tax Year: 2025
- Market Value: 55251
- Market Year: 2025
305 W Palace Ave; Hobbs, NM Property Details
Off market
305 W Palace Ave Hobbs, NM 88240
$18,417 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $150,000 / 100%
- APN: 4 000 001 990 001
- Situs County: Lea
Measurements
- Lot: 8,017/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 8 900-ANDERSON, BUD 0102-MONK, LINDA ET AL
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: 32.684807 / -103.13937
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7631
Ownership Info
305 W Palace Ave has no associated ownership info
305 W Palace Ave has no associated ownership info.
Taxes
305 W Palace Ave has 10 associated Taxes items
305 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 $18,417. The APN we've located for 305 W Palace Ave is 4 000 001 990 001.
Unlock the full reportTax History
305 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 $18,417 | Land Value $867 | Improvement Value $17,550 | Tax Amount $497.05 | Change Rate +0.017107% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $17,881 | Land Value $842 | Improvement Value $17,039 | Tax Amount $488.69 | Change Rate +0.016135% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $17,360 | Land Value $817 | Improvement Value $16,543 | Tax Amount $480.93 | Change Rate +0.0433% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $17,360 | Land Value $817 | Improvement Value $16,543 | Tax Amount $460.97 | Change Rate +0.032662% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $16,363 | Land Value $770 | Improvement Value $15,593 | Tax Amount $446.39 | Change Rate +0.045704% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $15,887 | Land Value $748 | Improvement Value $15,139 | Tax Amount $426.88 | Change Rate +0.047995% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $15,424 | Land Value $726 | Improvement Value $14,698 | Tax Amount $407.33 | Change Rate -0.10732% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $14,975 | Land Value $705 | Improvement Value $14,270 | Tax Amount $456.3 | Change Rate +0.030069% | Assessed CR | Tax Rate +0.030471% |
| Year 2017 | Assessed Value $43,614 | Land Value $2,052 | Improvement Value $41,562 | Tax Amount $442.98 | Change Rate +1.532327% | Assessed CR | Tax Rate +0.010157% |
| Year 2016 | Assessed Value $42,342 | Land Value $1,992 | Improvement Value $40,350 | Tax Amount $174.93 | Change Rate +0.15817% | Assessed CR | Tax Rate +0.004131% |
| Year 2015 | Assessed Value $41,109 | Land Value $1,935 | Improvement Value $39,174 | Tax Amount $151.04 | Change Rate +0.105548% | Assessed CR | Tax Rate +0.003674% |
| Year 2014 | Assessed Value $39,912 | Land Value $1,878 | Improvement Value $38,034 | Tax Amount $136.62 | Change Rate | Assessed CR | Tax Rate +0.003423% |