Taxes
- Assessed Value: $439,122
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 769 750 001
- Assessed Land Value: 35711
- Market Land Value: 107133
- Tax Amount: 12709.07
- Tax Year: 2025
- Market Value: 1317366
- Market Year: 2025
324 Magnum Industrial Rd; Hobbs, NM Property Details
Off market
324 Magnum Industrial Rd Hobbs, NM 88240
$439,122 Estimated Value
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1986
- Purchase Price: $1,396,500
- Open Loans / Balance: 1 / $1,045,938
- Inv. Liens: 1
- APN: 4 000 769 750 001
- Situs County: Lea
- Length Of Ownership: 10 months
Measurements
- Lot: 383,764/SqFt
Legal Description
- Description: SECTION-35 TOWNSHIP-18S RANGE-37E 8.81 AC LOC W2NE4 TRACT 5A-1A W 30 RD DEDICATION N 30EASE 72506-SELECT PROPERTIES LTD 02132
Building Insights
Land Information
- Property Type: Vacant parcels w/ imp.
- Flood Zone: D / Undetermined Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.702324 / -103.21922
- Property Class: Residential
Ownership Info
324 Magnum Industrial Rd has no associated ownership info
324 Magnum Industrial Rd has no associated ownership info.
Taxes
324 Magnum Industrial Rd has 10 associated Taxes items
324 Magnum Industrial Rd, 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 $439,122. The APN we've located for 324 Magnum Industrial Rd is 4 000 769 750 001.
Unlock the full reportTax History
324 Magnum Industrial Rd 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 $439,122 | Land Value $35,711 | Improvement Value $403,411 | Tax Amount $12,709.07 | Change Rate -0.387941% | Assessed CR | Tax Rate +0.028942% |
| Year 2024 | Assessed Value $717,153 | Land Value $35,718 | Improvement Value $681,435 | Tax Amount $20,764.46 | Change Rate +0.15595% | Assessed CR | Tax Rate +0.028954% |
| Year 2023 | Assessed Value $620,402 | Land Value $34,678 | Improvement Value $585,724 | Tax Amount $17,963.12 | Change Rate +0.044429% | Assessed CR | Tax Rate +0.028954% |
| Year 2022 | Assessed Value $620,402 | Land Value $34,678 | Improvement Value $585,724 | Tax Amount $17,198.99 | Change Rate +0.769156% | Assessed CR | Tax Rate +0.027722% |
| Year 2021 | Assessed Value $347,547 | Land Value $3,069 | Improvement Value $344,478 | Tax Amount $9,721.58 | Change Rate +90.23961% | Assessed CR | Tax Rate +0.027972% |
| Year 2020 | Assessed Value $3,874 | Land Value $3,874 | Improvement Value | Tax Amount $106.55 | Change Rate | Assessed CR | Tax Rate +0.027504% |
| Year 2019 | Assessed Value $3,874 | Land Value $3,874 | Improvement Value | Tax Amount $106.55 | Change Rate -0.762969% | Assessed CR | Tax Rate +0.027504% |
| Year 2018 | Assessed Value $11,238 | Land Value $11,238 | Improvement Value | Tax Amount $449.52 | Change Rate +0.02997% | Assessed CR | Tax Rate +0.04% |
| Year 2017 | Assessed Value $32,733 | Land Value $32,733 | Improvement Value | Tax Amount $436.44 | Change Rate | Assessed CR | Tax Rate +0.013333% |
| Year 2016 | Assessed Value $31,779 | Land Value $31,779 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $31,779 | Land Value $31,779 | Improvement Value | Tax Amount $290.7 | Change Rate | Assessed CR | Tax Rate +0.009148% |
| Year 2014 | Assessed Value $31,779 | Land Value $31,779 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |