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306 E Palace Ave; Hobbs, NM Property Details

306 E Palace Ave, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 306 E Palace Ave is 8,157 square feet.

Off market
306 E Palace Ave Hobbs, NM 88240
$26,626 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $162,000 / 100%
  • APN: 4 000 056 330 001
  • Situs County: Lea

Measurements

  • Lot: 8,157/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 18 LOT 11 PHOTO 0111 11513-FULKERSON, TRULA NKA LAND, TRULA F
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.68523 / -103.133705
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7732

Ownership Info

306 E Palace Ave has no associated ownership info
306 E Palace Ave has no associated ownership info.

Taxes

306 E Palace Ave has 10 associated Taxes items

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.

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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

Tax History

306 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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