Taxes
- Assessed Value: $8,872
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 010 580 001
- Assessed Land Value: 730
- Market Land Value: 2190
- Tax Amount: 239.46
- Tax Year: 2025
- Market Value: 26616
- Market Year: 2025
306 W Rainbow Dr; Hobbs, NM Property Details
Off market
306 W Rainbow Dr Hobbs, NM 88240
$8,872 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Est. Equity / %: $135,000 / 100%
- APN: 4 000 010 580 001
- Situs County: Lea
Measurements
- Lot: 8,796/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 8 W 8 OF LOT 3 LOT 4 2822 AFFANY FACT 2191950 2822 AFFDTH JASSO, FRANK 5924 PR OF JASSO, FRANK
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: 32.687695 / -103.13951
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7334
Ownership Info
306 W Rainbow Dr has no associated ownership info
306 W Rainbow Dr has no associated ownership info.
Taxes
306 W Rainbow Dr has 10 associated Taxes items
306 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 $8,872. The APN we've located for 306 W Rainbow Dr is 4 000 010 580 001.
Unlock the full reportTax History
306 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 $8,872 | Land Value $730 | Improvement Value $8,142 | Tax Amount $239.46 | Change Rate +0.017161% | Assessed CR | Tax Rate +0.026991% |
| Year 2024 | Assessed Value $8,614 | Land Value $709 | Improvement Value $7,905 | Tax Amount $235.42 | Change Rate +0.016099% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $8,363 | Land Value $688 | Improvement Value $7,675 | Tax Amount $231.69 | Change Rate +0.384298% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $8,363 | Land Value $688 | Improvement Value $7,675 | Tax Amount $167.37 | Change Rate +0.042804% | Assessed CR | Tax Rate +0.020013% |
| Year 2021 | Assessed Value $7,883 | Land Value $649 | Improvement Value $7,234 | Tax Amount $160.5 | Change Rate +0.015437% | Assessed CR | Tax Rate +0.02036% |
| Year 2020 | Assessed Value $7,883 | Land Value $649 | Improvement Value $7,234 | Tax Amount $158.06 | Change Rate +0.017444% | Assessed CR | Tax Rate +0.020051% |
| Year 2019 | Assessed Value $7,883 | Land Value $649 | Improvement Value $7,234 | Tax Amount $155.35 | Change Rate -0.303301% | Assessed CR | Tax Rate +0.019707% |
| Year 2018 | Assessed Value $7,883 | Land Value $649 | Improvement Value $7,234 | Tax Amount $222.98 | Change Rate | Assessed CR | Tax Rate +0.028286% |
| Year 2017 | Assessed Value $23,649 | Land Value $1,947 | Improvement Value $21,702 | Tax Amount $222.98 | Change Rate | Assessed CR | Tax Rate +0.009429% |
| Year 2016 | Assessed Value $23,649 | Land Value $1,947 | Improvement Value $21,702 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $23,649 | Land Value $1,947 | Improvement Value $21,702 | Tax Amount $154.96 | Change Rate | Assessed CR | Tax Rate +0.006552% |
| Year 2014 | Assessed Value $23,649 | Land Value $1,947 | Improvement Value $21,702 | Tax Amount | Change Rate | Assessed CR | Tax Rate |