Taxes
- Assessed Value: $35,932
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 027 540 001
- Assessed Land Value: 3950
- Market Land Value: 11850
- Tax Amount: 969.77
- Tax Year: 2025
- Market Value: 107796
- Market Year: 2025
311 W Palace Ave; Hobbs, NM Property Details
Off market
311 W Palace Ave Hobbs, NM 88240
$35,932 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1987
- Purchase Price: $117,516
- Open Loans / Balance: 1 / $111,886
- Est. Equity / %: $33,114 / 22.84%
- Inv. Liens: 1
- APN: 4 000 027 540 001
- Situs County: Lea
- Length Of Ownership: 3 years, 7 months
Measurements
- Lot: 7,959/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 11 51787 EDWARDS, JUNE ETAL 12918 AFFDTH RODRIGUEZ, TRINSITO F 2128570 12918 RODRIGUEZ, MARY LO
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: 32.68479 / -103.139946
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7631
Ownership Info
311 W Palace Ave has no associated ownership info
311 W Palace Ave has no associated ownership info.
Taxes
311 W Palace Ave has 10 associated Taxes items
311 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 $35,932. The APN we've located for 311 W Palace Ave is 4 000 027 540 001.
Unlock the full reportTax History
311 W Palace Ave 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 $35,932 | Land Value $3,950 | Improvement Value $31,982 | Tax Amount $969.77 | Change Rate -0.012474% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $35,932 | Land Value $3,950 | Improvement Value $31,982 | Tax Amount $982.02 | Change Rate -0.013491% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $35,932 | Land Value $3,950 | Improvement Value $31,982 | Tax Amount $995.45 | Change Rate +1.994465% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $35,932 | Land Value $3,950 | Improvement Value $31,982 | Tax Amount $332.43 | Change Rate +0.03268% | Assessed CR | Tax Rate +0.009252% |
| Year 2021 | Assessed Value $11,800 | Land Value $770 | Improvement Value $11,030 | Tax Amount $321.91 | Change Rate +0.045706% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $11,457 | Land Value $748 | Improvement Value $10,709 | Tax Amount $307.84 | Change Rate +0.047966% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $11,123 | Land Value $726 | Improvement Value $10,397 | Tax Amount $293.75 | Change Rate -0.112591% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $10,799 | Land Value $705 | Improvement Value $10,094 | Tax Amount $331.02 | Change Rate +0.03006% | Assessed CR | Tax Rate +0.030653% |
| Year 2017 | Assessed Value $31,452 | Land Value $2,052 | Improvement Value $29,400 | Tax Amount $321.36 | Change Rate | Assessed CR | Tax Rate +0.010217% |
| Year 2016 | Assessed Value $30,537 | Land Value $1,992 | Improvement Value $28,545 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $29,649 | Land Value $1,935 | Improvement Value $27,714 | Tax Amount $260.32 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $28,785 | Land Value $1,878 | Improvement Value $26,907 | Tax Amount | Change Rate | Assessed CR | Tax Rate |