Taxes
- Assessed Value: $63,179
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 031 870 001
- Assessed Land Value: 5389
- Market Land Value: 16167
- Tax Amount: 1651.16
- Tax Year: 2025
- Market Value: 189537
- Market Year: 2025
400 E 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 $63,179. The APN we've located for 400 E Alto Dr is 4 000 031 870 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $63,179 | Land Value $5,389 | Improvement Value $57,790 | Tax Amount $1,651.16 | Change Rate +0.018141% | Assessed CR | Tax Rate +0.026135% |
| Year 2024 | Assessed Value $61,339 | Land Value $5,232 | Improvement Value $56,107 | Tax Amount $1,621.74 | Change Rate +0.017116% | Assessed CR | Tax Rate +0.026439% |
| Year 2023 | Assessed Value $59,553 | Land Value $5,080 | Improvement Value $54,473 | Tax Amount $1,594.45 | Change Rate +0.044384% | Assessed CR | Tax Rate +0.026774% |
| Year 2022 | Assessed Value $59,553 | Land Value $5,080 | Improvement Value $54,473 | Tax Amount $1,526.69 | Change Rate +0.033762% | Assessed CR | Tax Rate +0.025636% |
| Year 2021 | Assessed Value $56,134 | Land Value $4,788 | Improvement Value $51,346 | Tax Amount $1,476.83 | Change Rate +0.046907% | Assessed CR | Tax Rate +0.026309% |
| Year 2020 | Assessed Value $54,499 | Land Value $4,649 | Improvement Value $49,850 | Tax Amount $1,410.66 | Change Rate +0.049184% | Assessed CR | Tax Rate +0.025884% |
| Year 2019 | Assessed Value $52,912 | Land Value $4,514 | Improvement Value $48,398 | Tax Amount $1,344.53 | Change Rate -0.140853% | Assessed CR | Tax Rate +0.025411% |
| Year 2018 | Assessed Value $51,371 | Land Value $4,383 | Improvement Value $46,988 | Tax Amount $1,564.96 | Change Rate +0.030413% | Assessed CR | Tax Rate +0.030464% |
| Year 2017 | Assessed Value $149,622 | Land Value $12,765 | Improvement Value $136,857 | Tax Amount $1,518.77 | Change Rate | Assessed CR | Tax Rate +0.010151% |
| Year 2016 | Assessed Value $145,263 | Land Value $12,393 | Improvement Value $132,870 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $141,033 | Land Value $12,033 | Improvement Value $129,000 | Tax Amount $1,185.57 | Change Rate | Assessed CR | Tax Rate +0.008406% |
| Year 2014 | Assessed Value $136,926 | Land Value $11,682 | Improvement Value $125,244 | Tax Amount | Change Rate | Assessed CR | Tax Rate |