Taxes
- Assessed Value: $17,267
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 114 060 001
- Assessed Land Value: 1591
- Market Land Value: 4773
- Tax Amount: 466.02
- Tax Year: 2025
- Market Value: 51801
- Market Year: 2025
306 W Palace Ave; Hobbs, NM Property Details
Off market
306 W Palace Ave Hobbs, NM 88240
$17,267 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1991
- Est. Equity / %: $124,000 / 100%
- APN: 4 000 114 060 001
- Situs County: Lea
Measurements
- Lot: 8,022/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 22 LOT 28 1991-KEITH, RICHARD B 996-MILLICAN, JUANITA 9705-ROBERTS, EMILY M PHOTO 6607-ZUNIGA, ELIZABE
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: 32.685257 / -103.13956
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7632
Ownership Info
306 W Palace Ave has no associated ownership info
306 W Palace Ave has no associated ownership info.
Taxes
306 W Palace Ave has 10 associated Taxes items
306 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 $17,267. The APN we've located for 306 W Palace Ave is 4 000 114 060 001.
Unlock the full reportTax History
306 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 $17,267 | Land Value $1,591 | Improvement Value $15,676 | Tax Amount $466.02 | Change Rate +0.017156% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $16,764 | Land Value $1,545 | Improvement Value $15,219 | Tax Amount $458.16 | Change Rate +0.016079% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $16,276 | Land Value $1,500 | Improvement Value $14,776 | Tax Amount $450.91 | Change Rate +0.04329% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $16,276 | Land Value $1,500 | Improvement Value $14,776 | Tax Amount $432.2 | Change Rate +0.032613% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $15,342 | Land Value $1,414 | Improvement Value $13,928 | Tax Amount $418.55 | Change Rate +0.045748% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $14,895 | Land Value $1,373 | Improvement Value $13,522 | Tax Amount $400.24 | Change Rate +0.01749% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $14,895 | Land Value $1,373 | Improvement Value $13,522 | Tax Amount $393.36 | Change Rate -0.145946% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $14,895 | Land Value $1,373 | Improvement Value $13,522 | Tax Amount $460.58 | Change Rate | Assessed CR | Tax Rate +0.030922% |
| Year 2017 | Assessed Value $44,685 | Land Value $4,119 | Improvement Value $40,566 | Tax Amount $460.58 | Change Rate | Assessed CR | Tax Rate +0.010307% |
| Year 2016 | Assessed Value $44,685 | Land Value $4,119 | Improvement Value $40,566 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $44,685 | Land Value $4,119 | Improvement Value $40,566 | Tax Amount $392.34 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $44,685 | Land Value $4,119 | Improvement Value $40,566 | Tax Amount | Change Rate | Assessed CR | Tax Rate |