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306 W Castle Ave; Hobbs, NM Property Details

306 W Castle Ave, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 306 W Castle Ave is 7,857 square feet.

Off market
306 W Castle Ave Hobbs, NM 88240
$43,545 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $85,500
  • Open Loans / Balance: 1 / $58,432
  • Est. Equity / %: $101,568 / 63.48%
  • Inv. Liens: 1
  • APN: 4 000 020 550 001
  • Situs County: Lea
  • Length Of Ownership: 8 years

Measurements

  • Lot: 7,857/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 23 LOT 26 11215-COOK, KENNETH L SR DECD 41215-COOK, DARRYL BLAIR COOK ETAL 71818-COOK, DAVID LYNN PHOT
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: 32.684338 / -103.139595
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7668

Ownership Info

306 W Castle Ave has no associated ownership info
306 W Castle Ave has no associated ownership info.

Taxes

306 W Castle Ave has 10 associated Taxes items

306 W Castle 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 $43,545. The APN we've located for 306 W Castle Ave is 4 000 020 550 001.

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Taxes
  • Assessed Value:  $43,545
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 020 550 001
  • Assessed Land Value:  4597
  • Market Land Value:  13791
  • Tax Amount:  1175.23
  • Tax Year:  2025
  • Market Value:  130635
  • Market Year:  2025

Tax History

306 W Castle Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $43,545 Land Value $4,597 Improvement Value $38,948 Tax Amount $1,175.23 Change Rate +0.017136% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $42,277 Land Value $4,463 Improvement Value $37,814 Tax Amount $1,155.43 Change Rate +0.016075% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $41,046 Land Value $4,333 Improvement Value $36,713 Tax Amount $1,137.15 Change Rate +0.012925% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $41,046 Land Value $4,333 Improvement Value $36,713 Tax Amount $1,122.64 Change Rate +0.002563% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $41,046 Land Value $4,333 Improvement Value $36,713 Tax Amount $1,119.77 Change Rate +0.015296% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $41,046 Land Value $4,333 Improvement Value $36,713 Tax Amount $1,102.9 Change Rate +0.017454% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $41,046 Land Value $4,333 Improvement Value $36,713 Tax Amount $1,083.98 Change Rate +1.127787% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $17,413 Land Value $705 Improvement Value $16,708 Tax Amount $509.44 Change Rate +0.031276% Assessed CR Tax Rate +0.029256%
Year 2017 Assessed Value $50,715 Land Value $2,052 Improvement Value $48,663 Tax Amount $493.99 Change Rate +0.091136% Assessed CR Tax Rate +0.009741%
Year 2016 Assessed Value $49,239 Land Value $1,992 Improvement Value $47,247 Tax Amount $452.73 Change Rate -0.007802% Assessed CR Tax Rate +0.009195%
Year 2015 Assessed Value $47,805 Land Value $1,935 Improvement Value $45,870 Tax Amount $456.29 Change Rate +0.085397% Assessed CR Tax Rate +0.009545%
Year 2014 Assessed Value $46,413 Land Value $1,878 Improvement Value $44,535 Tax Amount $420.39 Change Rate Assessed CR Tax Rate +0.009058%