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316 W Texas St; Hobbs, NM Property Details

316 W Texas St, Hobbs, NM is a Single Family that was built in 1876. This property is currently Financed and is not for sale. Our records show that 316 W Texas St has 3 bedrooms, and 1 bathroom, and a total of 1,891 square feet. The lot size of 316 W Texas St is 11,666 square feet.

Off market
316 W Texas St Hobbs, NM 88240
$122,500 Listing Price
3 Beds
1 Baths
1,891 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1876
  • Purchase Price: $121,900
  • Open Loans / Balance: 1 / $97,902
  • Est. Equity / %: $99,098 / 50.3%
  • Inv. Liens: 1
  • APN: 4 000 036 860 001
  • Situs County: Lea
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,891/SqFt
  • Lot: 11,666/SqFt
  • Price Per Square Foot: $64.46

Legal Description

  • Description: NEW HOBBS ADD BLOCK 94 E 12 OF LOT 15 LOT 16 17 18 W 8 OF LOT 19 BK-248 PG-455 & BK248 PG-456 HAS JT WITH ROS DATED 7-28-60 1
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: 32.689568 / -103.13951
  • Subdivision: New Hobbs Add
  • Property Class: Residential

Amenities

  • Plus Four: 7348

HOA

  • H O A One Type: Home Owner Association

Ownership Info

316 W Texas St has no associated ownership info
316 W Texas St has no associated ownership info.

Taxes

316 W Texas St has 10 associated Taxes items

316 W Texas St, 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 $41,728. The APN we've located for 316 W Texas St is 4 000 036 860 001.

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Taxes
  • Assessed Value:  $41,728
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 036 860 001
  • Assessed Land Value:  3751
  • Market Land Value:  11253
  • Tax Amount:  1126.19
  • Tax Year:  2025
  • Market Value:  125184
  • Market Year:  2025

Tax History

316 W Texas St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,728 Land Value $3,751 Improvement Value $37,977 Tax Amount $1,126.19 Change Rate +0.017124% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $40,513 Land Value $3,642 Improvement Value $36,871 Tax Amount $1,107.23 Change Rate +0.016096% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $39,333 Land Value $3,536 Improvement Value $35,797 Tax Amount $1,089.69 Change Rate +0.043325% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $39,333 Land Value $3,536 Improvement Value $35,797 Tax Amount $1,044.44 Change Rate +0.032627% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $37,075 Land Value $3,333 Improvement Value $33,742 Tax Amount $1,011.44 Change Rate +0.015288% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $37,075 Land Value $3,333 Improvement Value $33,742 Tax Amount $996.21 Change Rate +0.017475% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $37,075 Land Value $3,333 Improvement Value $33,742 Tax Amount $979.1 Change Rate -0.145324% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $37,075 Land Value $3,333 Improvement Value $33,742 Tax Amount $1,145.58 Change Rate +0.32463% Assessed CR Tax Rate +0.030899%
Year 2017 Assessed Value $83,316 Land Value $9,501 Improvement Value $73,815 Tax Amount $864.83 Change Rate Assessed CR Tax Rate +0.01038%
Year 2016 Assessed Value $83,316 Land Value $9,501 Improvement Value $73,815 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $83,316 Land Value $9,501 Improvement Value $73,815 Tax Amount $731.52 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $83,316 Land Value $9,501 Improvement Value $73,815 Tax Amount Change Rate Assessed CR Tax Rate