Taxes
- Assessed Value: $8,609
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 075 090 001
- Assessed Land Value: 608
- Market Land Value: 1824
- Tax Amount: 232.35
- Tax Year: 2025
- Market Value: 25827
- Market Year: 2025
311 W Rainbow Dr; Hobbs, NM Property Details
Off market
311 W Rainbow Dr Hobbs, NM 88240
$8,609 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $130,000 / 100%
- APN: 4 000 075 090 001
- Situs County: Lea
Measurements
- Lot: 7,846/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 19
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: 32.688126 / -103.139946
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7333
Ownership Info
311 W Rainbow Dr has no associated ownership info
311 W Rainbow Dr has no associated ownership info.
Taxes
311 W Rainbow Dr has 10 associated Taxes items
311 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 $8,609. The APN we've located for 311 W Rainbow Dr is 4 000 075 090 001.
Unlock the full reportTax History
311 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 $8,609 | Land Value $608 | Improvement Value $8,001 | Tax Amount $232.35 | Change Rate +0.017161% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $8,358 | Land Value $590 | Improvement Value $7,768 | Tax Amount $228.43 | Change Rate +0.016012% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $8,115 | Land Value $573 | Improvement Value $7,542 | Tax Amount $224.83 | Change Rate +0.04344% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $8,115 | Land Value $573 | Improvement Value $7,542 | Tax Amount $215.47 | Change Rate +0.002559% | Assessed CR | Tax Rate +0.026552% |
| Year 2021 | Assessed Value $7,878 | Land Value $556 | Improvement Value $7,322 | Tax Amount $214.92 | Change Rate +0.015258% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $7,878 | Land Value $556 | Improvement Value $7,322 | Tax Amount $211.69 | Change Rate +0.017545% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $7,878 | Land Value $556 | Improvement Value $7,322 | Tax Amount $208.04 | Change Rate -0.139975% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $7,878 | Land Value $556 | Improvement Value $7,322 | Tax Amount $241.9 | Change Rate | Assessed CR | Tax Rate +0.030706% |
| Year 2017 | Assessed Value $23,634 | Land Value $1,668 | Improvement Value $21,966 | Tax Amount $241.9 | Change Rate +2.822693% | Assessed CR | Tax Rate +0.010235% |
| Year 2016 | Assessed Value $23,634 | Land Value $1,668 | Improvement Value $21,966 | Tax Amount $63.28 | Change Rate +0.144511% | Assessed CR | Tax Rate +0.002677% |
| Year 2015 | Assessed Value $23,634 | Land Value $1,668 | Improvement Value $21,966 | Tax Amount $55.29 | Change Rate +0.083268% | Assessed CR | Tax Rate +0.002339% |
| Year 2014 | Assessed Value $23,634 | Land Value $1,668 | Improvement Value $21,966 | Tax Amount $51.04 | Change Rate | Assessed CR | Tax Rate +0.00216% |