Taxes
- Assessed Value: $10,213
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 130 330 001
- Assessed Land Value: 741
- Market Land Value: 2223
- Tax Amount: 275.64
- Tax Year: 2025
- Market Value: 30639
- Market Year: 2025
401 E Palace Ave; Hobbs, NM Property Details
Off market
401 E Palace Ave Hobbs, NM 88240
$10,213 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $167,000 / 100%
- APN: 4 000 130 330 001
- Situs County: Lea
Measurements
- Lot: 7,104/SqFt
Legal Description
- Description: VILLA VERDE ADD BLOCK 2 LOT 6 993-LANGDON, WILLIAM 298-HANKINS, DANIEL PHOTO 3316
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68476 / -103.132385
- Subdivision: Villa Verde Add
- Property Class: Residential
Amenities
- Plus Four: 7733
Ownership Info
401 E Palace Ave has no associated ownership info
401 E Palace Ave has no associated ownership info.
Taxes
401 E Palace Ave has 10 associated Taxes items
401 E Palace Ave, 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 $10,213. The APN we've located for 401 E Palace Ave is 4 000 130 330 001.
Unlock the full reportTax History
401 E Palace Ave 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 $10,213 | Land Value $741 | Improvement Value $9,472 | Tax Amount $275.64 | Change Rate +0.017234% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $9,915 | Land Value $719 | Improvement Value $9,196 | Tax Amount $270.97 | Change Rate +0.016087% | Assessed CR | Tax Rate +0.027329% |
| Year 2023 | Assessed Value $9,626 | Land Value $698 | Improvement Value $8,928 | Tax Amount $266.68 | Change Rate +0.043267% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $9,626 | Land Value $698 | Improvement Value $8,928 | Tax Amount $255.62 | Change Rate +0.032599% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $9,074 | Land Value $658 | Improvement Value $8,416 | Tax Amount $247.55 | Change Rate +0.045794% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $8,810 | Land Value $639 | Improvement Value $8,171 | Tax Amount $236.71 | Change Rate +0.047946% | Assessed CR | Tax Rate +0.026868% |
| Year 2019 | Assessed Value $8,553 | Land Value $620 | Improvement Value $7,933 | Tax Amount $225.88 | Change Rate -0.114682% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $8,304 | Land Value $602 | Improvement Value $7,702 | Tax Amount $255.14 | Change Rate +0.030036% | Assessed CR | Tax Rate +0.030725% |
| Year 2017 | Assessed Value $24,186 | Land Value $1,752 | Improvement Value $22,434 | Tax Amount $247.7 | Change Rate | Assessed CR | Tax Rate +0.010241% |
| Year 2016 | Assessed Value $23,481 | Land Value $1,701 | Improvement Value $21,780 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $17,310 | Land Value $1,650 | Improvement Value $15,660 | Tax Amount $151.99 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $16,806 | Land Value $1,602 | Improvement Value $15,204 | Tax Amount | Change Rate | Assessed CR | Tax Rate |