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309 W Rainbow Dr; Hobbs, NM Property Details

309 W Rainbow Dr, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 309 W Rainbow Dr is 8,631 square feet.

Off market  •   Pre Probate ✓
309 W Rainbow Dr Hobbs, NM 88240
$10,815 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Est. Equity / %: $131,000 / 100%
  • APN: 4 000 171 220 001
  • Situs County: Lea

Measurements

  • Lot: 8,631/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 7 LOT 20
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: 32.68813 / -103.13975
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7333

Ownership Info

309 W Rainbow Dr has no associated ownership info
309 W Rainbow Dr has no associated ownership info.

Taxes

309 W Rainbow Dr has 10 associated Taxes items

309 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 $10,815. The APN we've located for 309 W Rainbow Dr is 4 000 171 220 001.

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Taxes
  • Assessed Value:  $10,815
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 171 220 001
  • Assessed Land Value:  842
  • Market Land Value:  2526
  • Tax Amount:  237.9
  • Tax Year:  2025
  • Market Value:  32445
  • Market Year:  2025

Tax History

309 W Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,815 Land Value $842 Improvement Value $9,973 Tax Amount $237.9 Change Rate +0.024063% Assessed CR Tax Rate +0.021997%
Year 2024 Assessed Value $10,500 Land Value $817 Improvement Value $9,683 Tax Amount $232.31 Change Rate +0.023392% Assessed CR Tax Rate +0.022125%
Year 2023 Assessed Value $10,194 Land Value $793 Improvement Value $9,401 Tax Amount $227 Change Rate +0.050975% Assessed CR Tax Rate +0.022268%
Year 2022 Assessed Value $10,194 Land Value $793 Improvement Value $9,401 Tax Amount $215.99 Change Rate +0.040414% Assessed CR Tax Rate +0.021188%
Year 2021 Assessed Value $9,609 Land Value $748 Improvement Value $8,861 Tax Amount $207.6 Change Rate +0.054075% Assessed CR Tax Rate +0.021605%
Year 2020 Assessed Value $9,329 Land Value $726 Improvement Value $8,603 Tax Amount $196.95 Change Rate +0.056712% Assessed CR Tax Rate +0.021112%
Year 2019 Assessed Value $9,057 Land Value $705 Improvement Value $8,352 Tax Amount $186.38 Change Rate -0.256354% Assessed CR Tax Rate +0.020579%
Year 2018 Assessed Value $8,793 Land Value $684 Improvement Value $8,109 Tax Amount $250.63 Change Rate +0.032461% Assessed CR Tax Rate +0.028503%
Year 2017 Assessed Value $25,611 Land Value $1,992 Improvement Value $23,619 Tax Amount $242.75 Change Rate Assessed CR Tax Rate +0.009478%
Year 2016 Assessed Value $25,611 Land Value $1,992 Improvement Value $23,619 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $24,867 Land Value $1,935 Improvement Value $22,932 Tax Amount $218.34 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $24,141 Land Value $1,878 Improvement Value $22,263 Tax Amount Change Rate Assessed CR Tax Rate