Taxes
- Assessed Value: $13,991
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 128 500 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 377.61
- Tax Year: 2025
- Market Value: 41973
- Market Year: 2025
308 W Rainbow Dr; Hobbs, NM Property Details
Off market
308 W Rainbow Dr Hobbs, NM 88240
$13,991 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1989
- Est. Equity / %: $137,000 / 100%
- Inv. Liens: 1
- APN: 4 000 128 500 001
- Situs County: Lea
- Length Of Ownership: 5 months
Measurements
- Lot: 8,493/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 8 LOT 5 33090 SECRETARY OF HOUSING & URBAN DEVELOPMENT 21921 AFFDTH CRUCE, CLINTON 21921 CRUCE, EMMA I
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: 32.687637 / -103.13975
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7334
Ownership Info
308 W Rainbow Dr has no associated ownership info
308 W Rainbow Dr has no associated ownership info.
Taxes
308 W Rainbow Dr has 10 associated Taxes items
308 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 $13,991. The APN we've located for 308 W Rainbow Dr is 4 000 128 500 001.
Unlock the full reportTax History
308 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 $13,991 | Land Value $867 | Improvement Value $13,124 | Tax Amount $377.61 | Change Rate +0.017131% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $13,584 | Land Value $842 | Improvement Value $12,742 | Tax Amount $371.25 | Change Rate +0.016149% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $13,188 | Land Value $817 | Improvement Value $12,371 | Tax Amount $365.35 | Change Rate +0.043261% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $13,188 | Land Value $817 | Improvement Value $12,371 | Tax Amount $350.2 | Change Rate +0.032642% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $12,431 | Land Value $770 | Improvement Value $11,661 | Tax Amount $339.13 | Change Rate +0.253437% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $12,069 | Land Value $748 | Improvement Value $11,321 | Tax Amount $270.56 | Change Rate +0.054322% | Assessed CR | Tax Rate +0.022418% |
| Year 2019 | Assessed Value $11,717 | Land Value $726 | Improvement Value $10,991 | Tax Amount $256.62 | Change Rate -0.218408% | Assessed CR | Tax Rate +0.021902% |
| Year 2018 | Assessed Value $11,376 | Land Value $705 | Improvement Value $10,671 | Tax Amount $328.33 | Change Rate +0.031965% | Assessed CR | Tax Rate +0.028862% |
| Year 2017 | Assessed Value $33,132 | Land Value $2,052 | Improvement Value $31,080 | Tax Amount $318.16 | Change Rate | Assessed CR | Tax Rate +0.009603% |
| Year 2016 | Assessed Value $32,166 | Land Value $1,992 | Improvement Value $30,174 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $31,230 | Land Value $1,935 | Improvement Value $29,295 | Tax Amount $221.52 | Change Rate | Assessed CR | Tax Rate +0.007093% |
| Year 2014 | Assessed Value $30,321 | Land Value $1,878 | Improvement Value $28,443 | Tax Amount | Change Rate | Assessed CR | Tax Rate |