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309 W Palace Ave; Hobbs, NM Property Details

309 W Palace Ave, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 309 W Palace Ave is 8,755 square feet.

Off market
309 W Palace Ave Hobbs, NM 88240
$10,939 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $153,000 / 100%
  • APN: 4 000 114 550 001
  • Situs County: Lea

Measurements

  • Lot: 8,755/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 23 LOT 10 72103-NICCUM, NOVA B
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: 32.6848 / -103.13975
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7631

Ownership Info

309 W Palace Ave has no associated ownership info
309 W Palace Ave has no associated ownership info.

Taxes

309 W Palace Ave has 10 associated Taxes items

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.

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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

Tax History

309 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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