Taxes
- Assessed Value: $26,626
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 056 330 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 718.59
- Tax Year: 2025
- Market Value: 79878
- Market Year: 2025
306 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 $26,626. The APN we've located for 306 E Palace Ave is 4 000 056 330 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $26,626 | Land Value $867 | Improvement Value $25,759 | Tax Amount $718.59 | Change Rate +0.017113% | Assessed CR | Tax Rate +0.026988% |
| Year 2024 | Assessed Value $25,851 | Land Value $842 | Improvement Value $25,009 | Tax Amount $706.5 | Change Rate +0.016079% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $25,098 | Land Value $817 | Improvement Value $24,281 | Tax Amount $695.32 | Change Rate +0.043288% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $25,098 | Land Value $817 | Improvement Value $24,281 | Tax Amount $666.47 | Change Rate +0.032662% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $23,657 | Land Value $770 | Improvement Value $22,887 | Tax Amount $645.39 | Change Rate +0.045742% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $22,968 | Land Value $748 | Improvement Value $22,220 | Tax Amount $617.16 | Change Rate +0.04797% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $22,299 | Land Value $726 | Improvement Value $21,573 | Tax Amount $588.91 | Change Rate -0.103023% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $21,650 | Land Value $705 | Improvement Value $20,945 | Tax Amount $656.55 | Change Rate +0.030028% | Assessed CR | Tax Rate +0.030326% |
| Year 2017 | Assessed Value $63,057 | Land Value $2,052 | Improvement Value $61,005 | Tax Amount $637.41 | Change Rate | Assessed CR | Tax Rate +0.010108% |
| Year 2016 | Assessed Value $61,221 | Land Value $1,992 | Improvement Value $59,229 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $59,439 | Land Value $1,935 | Improvement Value $57,504 | Tax Amount $521.88 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $57,708 | Land Value $1,878 | Improvement Value $55,830 | Tax Amount | Change Rate | Assessed CR | Tax Rate |