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312 W Palace Ave; Hobbs, NM Property Details

312 W Palace Ave, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 312 W Palace Ave is 8,411 square feet.

Off market
312 W Palace Ave Hobbs, NM 88240
$12,485 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $124,000 / 100%
  • APN: 4 000 013 650 001
  • Situs County: Lea

Measurements

  • Lot: 8,411/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 22 LOT 25 698-CAIN, H L 10807- BROWN, BOBBY
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: 32.685234 / -103.14014
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7632

Ownership Info

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

Taxes

312 W Palace Ave has 10 associated Taxes items

312 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 $12,485. The APN we've located for 312 W Palace Ave is 4 000 013 650 001.

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Taxes
  • Assessed Value:  $12,485
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 013 650 001
  • Assessed Land Value:  867
  • Market Land Value:  2601
  • Tax Amount:  336.96
  • Tax Year:  2025
  • Market Value:  37455
  • Market Year:  2025

Tax History

312 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,485 Land Value $867 Improvement Value $11,618 Tax Amount $336.96 Change Rate +0.017146% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $12,122 Land Value $842 Improvement Value $11,280 Tax Amount $331.28 Change Rate +0.016134% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $11,768 Land Value $817 Improvement Value $10,951 Tax Amount $326.02 Change Rate +0.043331% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $11,768 Land Value $817 Improvement Value $10,951 Tax Amount $312.48 Change Rate +0.032616% Assessed CR Tax Rate +0.026553%
Year 2021 Assessed Value $11,092 Land Value $770 Improvement Value $10,322 Tax Amount $302.61 Change Rate +0.045755% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $10,769 Land Value $748 Improvement Value $10,021 Tax Amount $289.37 Change Rate +0.047986% Assessed CR Tax Rate +0.026871%
Year 2019 Assessed Value $10,455 Land Value $726 Improvement Value $9,729 Tax Amount $276.12 Change Rate -0.113807% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $10,151 Land Value $705 Improvement Value $9,446 Tax Amount $311.58 Change Rate +0.030051% Assessed CR Tax Rate +0.030695%
Year 2017 Assessed Value $29,565 Land Value $2,052 Improvement Value $27,513 Tax Amount $302.49 Change Rate Assessed CR Tax Rate +0.010231%
Year 2016 Assessed Value $28,704 Land Value $1,992 Improvement Value $26,712 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $27,870 Land Value $1,935 Improvement Value $25,935 Tax Amount $244.69 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $27,057 Land Value $1,878 Improvement Value $25,179 Tax Amount Change Rate Assessed CR Tax Rate