Taxes
- Assessed Value: $28,816
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 001 950 001
- Assessed Land Value: 2628
- Market Land Value: 7884
- Tax Amount: 777.71
- Tax Year: 2025
- Market Value: 86448
- Market Year: 2025
318 W Alto 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 $28,816. The APN we've located for 318 W Alto Dr is 4 000 001 950 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $28,816 | Land Value $2,628 | Improvement Value $26,188 | Tax Amount $777.71 | Change Rate +0.294867% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $27,976 | Land Value $2,551 | Improvement Value $25,425 | Tax Amount $600.61 | Change Rate +0.024512% | Assessed CR | Tax Rate +0.021469% |
| Year 2023 | Assessed Value $27,161 | Land Value $2,477 | Improvement Value $24,684 | Tax Amount $586.24 | Change Rate +0.05225% | Assessed CR | Tax Rate +0.021584% |
| Year 2022 | Assessed Value $27,161 | Land Value $2,477 | Improvement Value $24,684 | Tax Amount $557.13 | Change Rate +0.041812% | Assessed CR | Tax Rate +0.020512% |
| Year 2021 | Assessed Value $25,602 | Land Value $2,335 | Improvement Value $23,267 | Tax Amount $534.77 | Change Rate +0.055502% | Assessed CR | Tax Rate +0.020888% |
| Year 2020 | Assessed Value $24,856 | Land Value $2,267 | Improvement Value $22,589 | Tax Amount $506.65 | Change Rate +0.058056% | Assessed CR | Tax Rate +0.020383% |
| Year 2019 | Assessed Value $24,132 | Land Value $2,201 | Improvement Value $21,931 | Tax Amount $478.85 | Change Rate -0.279101% | Assessed CR | Tax Rate +0.019843% |
| Year 2018 | Assessed Value $23,429 | Land Value $2,137 | Improvement Value $21,292 | Tax Amount $664.24 | Change Rate +0.032776% | Assessed CR | Tax Rate +0.028351% |
| Year 2017 | Assessed Value $68,241 | Land Value $6,225 | Improvement Value $62,016 | Tax Amount $643.16 | Change Rate +3.061379% | Assessed CR | Tax Rate +0.009425% |
| Year 2016 | Assessed Value $66,255 | Land Value $6,045 | Improvement Value $60,210 | Tax Amount $158.36 | Change Rate +0.104401% | Assessed CR | Tax Rate +0.00239% |
| Year 2015 | Assessed Value $64,323 | Land Value $5,868 | Improvement Value $58,455 | Tax Amount $143.39 | Change Rate +0.032474% | Assessed CR | Tax Rate +0.002229% |
| Year 2014 | Assessed Value $62,448 | Land Value $5,697 | Improvement Value $56,751 | Tax Amount $138.88 | Change Rate | Assessed CR | Tax Rate +0.002224% |