Taxes
- Assessed Value: $10,939
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 114 550 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 295.24
- Tax Year: 2025
- Market Value: 32817
- Market Year: 2025
309 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 $10,939. The APN we've located for 309 W Palace Ave is 4 000 114 550 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $10,939 | Land Value $867 | Improvement Value $10,072 | Tax Amount $295.24 | Change Rate +0.017087% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $10,621 | Land Value $842 | Improvement Value $9,779 | Tax Amount $290.28 | Change Rate +0.016209% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $10,311 | Land Value $817 | Improvement Value $9,494 | Tax Amount $285.65 | Change Rate +0.043356% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $10,311 | Land Value $817 | Improvement Value $9,494 | Tax Amount $273.78 | Change Rate +0.032548% | Assessed CR | Tax Rate +0.026552% |
| Year 2021 | Assessed Value $9,719 | Land Value $770 | Improvement Value $8,949 | Tax Amount $265.15 | Change Rate +0.045792% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $9,436 | Land Value $748 | Improvement Value $8,688 | Tax Amount $253.54 | Change Rate +0.048032% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $9,161 | Land Value $726 | Improvement Value $8,435 | Tax Amount $241.92 | Change Rate -0.116661% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $8,894 | Land Value $705 | Improvement Value $8,189 | Tax Amount $273.87 | Change Rate +0.030129% | Assessed CR | Tax Rate +0.030793% |
| Year 2017 | Assessed Value $25,902 | Land Value $2,052 | Improvement Value $23,850 | Tax Amount $265.86 | Change Rate | Assessed CR | Tax Rate +0.010264% |
| Year 2016 | Assessed Value $25,146 | Land Value $1,992 | Improvement Value $23,154 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $24,414 | Land Value $1,935 | Improvement Value $22,479 | Tax Amount $214.35 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $23,703 | Land Value $1,878 | Improvement Value $21,825 | Tax Amount | Change Rate | Assessed CR | Tax Rate |