Taxes
- Assessed Value: $9,847
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 022 720 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 211.78
- Tax Year: 2025
- Market Value: 29541
- Market Year: 2025
307 W Rainbow Dr; Hobbs, NM Property Details
Off market
307 W Rainbow Dr Hobbs, NM 88240
$95,000 Listing Price
3 Beds
1 Baths
957 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1948
- Est. Equity / %: $101,000 / 100%
- Inv. Liens: 1
- APN: 4 000 022 720 001
- Situs County: Lea
- Length Of Ownership: 1 year, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 957/SqFt
- Lot: 7,867/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 21 3524 ESTATE OF CRUCE, CORY S 32625 CRUCE, SUSAN ETAL 4825 MORALES-MARTINEZ, AMERICO 2238500
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: 32.688168 / -103.13955
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7333
Ownership Info
307 W Rainbow Dr has no associated ownership info
307 W Rainbow Dr has no associated ownership info.
Taxes
307 W Rainbow Dr has 10 associated Taxes items
307 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 $9,847. The APN we've located for 307 W Rainbow Dr is 4 000 022 720 001.
Unlock the full reportTax History
307 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 $9,847 | Land Value $867 | Improvement Value $8,980 | Tax Amount $211.78 | Change Rate +0.024973% | Assessed CR | Tax Rate +0.021507% |
| Year 2024 | Assessed Value $9,560 | Land Value $842 | Improvement Value $8,718 | Tax Amount $206.62 | Change Rate +0.024342% | Assessed CR | Tax Rate +0.021613% |
| Year 2023 | Assessed Value $9,281 | Land Value $817 | Improvement Value $8,464 | Tax Amount $201.71 | Change Rate +0.052052% | Assessed CR | Tax Rate +0.021734% |
| Year 2022 | Assessed Value $9,281 | Land Value $817 | Improvement Value $8,464 | Tax Amount $191.73 | Change Rate +0.041445% | Assessed CR | Tax Rate +0.020658% |
| Year 2021 | Assessed Value $8,748 | Land Value $770 | Improvement Value $7,978 | Tax Amount $184.1 | Change Rate +0.055014% | Assessed CR | Tax Rate +0.021045% |
| Year 2020 | Assessed Value $8,494 | Land Value $748 | Improvement Value $7,746 | Tax Amount $174.5 | Change Rate +0.05796% | Assessed CR | Tax Rate +0.020544% |
| Year 2019 | Assessed Value $8,246 | Land Value $726 | Improvement Value $7,520 | Tax Amount $164.94 | Change Rate -0.274128% | Assessed CR | Tax Rate +0.020002% |
| Year 2018 | Assessed Value $8,006 | Land Value $705 | Improvement Value $7,301 | Tax Amount $227.23 | Change Rate +0.032864% | Assessed CR | Tax Rate +0.028382% |
| Year 2017 | Assessed Value $23,316 | Land Value $2,052 | Improvement Value $21,264 | Tax Amount $220 | Change Rate -0.744097% | Assessed CR | Tax Rate +0.009436% |
| Year 2016 | Assessed Value $22,638 | Land Value $1,992 | Improvement Value $20,646 | Tax Amount $859.7 | Change Rate -0.007756% | Assessed CR | Tax Rate +0.037976% |
| Year 2015 | Assessed Value $21,981 | Land Value $1,935 | Improvement Value $20,046 | Tax Amount $866.42 | Change Rate +0.085399% | Assessed CR | Tax Rate +0.039417% |
| Year 2014 | Assessed Value $21,339 | Land Value $1,878 | Improvement Value $19,461 | Tax Amount $798.25 | Change Rate | Assessed CR | Tax Rate +0.037408% |