Taxes
- Assessed Value: $15,468
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 147 100 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 363.5
- Tax Year: 2025
- Market Value: 46404
- Market Year: 2025
305 W Rainbow Dr; Hobbs, NM Property Details
Off market
305 W Rainbow Dr Hobbs, NM 88240
$15,468 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $133,000 / 100%
- APN: 4 000 147 100 001
- Situs County: Lea
Measurements
- Lot: 7,904/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 22 PHOTO 43014
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: 32.68814 / -103.13938
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7333
Ownership Info
305 W Rainbow Dr has no associated ownership info
305 W Rainbow Dr has no associated ownership info.
Taxes
305 W Rainbow Dr has 10 associated Taxes items
305 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 $15,468. The APN we've located for 305 W Rainbow Dr is 4 000 147 100 001.
Unlock the full reportTax History
305 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 $15,468 | Land Value $867 | Improvement Value $14,601 | Tax Amount $363.5 | Change Rate +0.021728% | Assessed CR | Tax Rate +0.0235% |
| Year 2024 | Assessed Value $15,018 | Land Value $842 | Improvement Value $14,176 | Tax Amount $355.77 | Change Rate +0.020832% | Assessed CR | Tax Rate +0.02369% |
| Year 2023 | Assessed Value $14,580 | Land Value $817 | Improvement Value $13,763 | Tax Amount $348.51 | Change Rate +0.048308% | Assessed CR | Tax Rate +0.023903% |
| Year 2022 | Assessed Value $14,580 | Land Value $817 | Improvement Value $13,763 | Tax Amount $332.45 | Change Rate +0.037739% | Assessed CR | Tax Rate +0.022802% |
| Year 2021 | Assessed Value $13,743 | Land Value $770 | Improvement Value $12,973 | Tax Amount $320.36 | Change Rate +0.051084% | Assessed CR | Tax Rate +0.023311% |
| Year 2020 | Assessed Value $13,343 | Land Value $748 | Improvement Value $12,595 | Tax Amount $304.79 | Change Rate +0.053543% | Assessed CR | Tax Rate +0.022843% |
| Year 2019 | Assessed Value $12,954 | Land Value $726 | Improvement Value $12,228 | Tax Amount $289.3 | Change Rate -0.206005% | Assessed CR | Tax Rate +0.022333% |
| Year 2018 | Assessed Value $12,577 | Land Value $705 | Improvement Value $11,872 | Tax Amount $364.36 | Change Rate +0.031772% | Assessed CR | Tax Rate +0.02897% |
| Year 2017 | Assessed Value $36,630 | Land Value $2,052 | Improvement Value $34,578 | Tax Amount $353.14 | Change Rate | Assessed CR | Tax Rate +0.009641% |
| Year 2016 | Assessed Value $35,562 | Land Value $1,992 | Improvement Value $33,570 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $34,527 | Land Value $1,935 | Improvement Value $32,592 | Tax Amount $250.47 | Change Rate | Assessed CR | Tax Rate +0.007254% |
| Year 2014 | Assessed Value $33,522 | Land Value $1,878 | Improvement Value $31,644 | Tax Amount | Change Rate | Assessed CR | Tax Rate |