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321 W Cottonwood Ln; Hobbs, NM Property Details

321 W Cottonwood Ln, Hobbs, NM is a Single Family that was built in 2020. This property is currently Financed,New Construction,Bank Sale and is not for sale. Our records show that 321 W Cottonwood Ln has 4 bedrooms, and 2 bathrooms, and a total of 2,103 square feet. The lot size of 321 W Cottonwood Ln is 99,784 square feet.

Off market
321 W Cottonwood Ln Hobbs, NM 88242
$260,000 Listing Price
4 Beds
2 Baths
2,103 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2020
  • Purchase Price: $260,000
  • Open Loans / Balance: 2 / $440,998
  • Est. Equity / %: $-204,998 / -86.86%
  • APN: 4 981 211 103 504
  • Situs County: Lea
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Measurements

  • Total: 2,103/SqFt
  • Lot: 99,784/SqFt
  • Price Per Square Foot: $123.63

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 11 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 112519 REDESC FR 42038 111319 YMH IN
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: 32.788338 / -103.139145
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8095

Ownership Info

321 W Cottonwood Ln has no associated ownership info
321 W Cottonwood Ln has no associated ownership info.

Taxes

321 W Cottonwood Ln has 10 associated Taxes items

321 W Cottonwood Ln, 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 $64,047. The APN we've located for 321 W Cottonwood Ln is 4 981 211 103 504.

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Taxes
  • Assessed Value:  $64,047
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 103 504
  • Assessed Land Value:  11941
  • Market Land Value:  35823
  • Tax Amount:  1483.01
  • Tax Year:  2025
  • Market Value:  192141
  • Market Year:  2025

Tax History

321 W Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,047 Land Value $11,941 Improvement Value $52,106 Tax Amount $1,483.01 Change Rate +0.017649% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $62,181 Land Value $11,593 Improvement Value $50,588 Tax Amount $1,457.29 Change Rate -0.007701% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $61,843 Land Value $11,255 Improvement Value $50,588 Tax Amount $1,468.6 Change Rate +0.02177% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $61,843 Land Value $11,255 Improvement Value $50,588 Tax Amount $1,437.31 Change Rate +0.007663% Assessed CR Tax Rate +0.023241%
Year 2021 Assessed Value $61,197 Land Value $10,609 Improvement Value $50,588 Tax Amount $1,426.38 Change Rate +0.02531% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $60,888 Land Value $10,300 Improvement Value $50,588 Tax Amount $1,391.17 Change Rate Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $391,400 Land Value $391,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate