Taxes
- Assessed Value: $13,496
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 009 690 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 364.24
- Tax Year: 2025
- Market Value: 40488
- Market Year: 2025
401 W Rainbow Dr; Hobbs, NM Property Details
Off market
401 W Rainbow Dr Hobbs, NM 88240
$13,496 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $127,000 / 100%
- APN: 4 000 009 690 001
- Situs County: Lea
Measurements
- Lot: 8,249/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 18 897-BOWHAY, HELEN E 1207-BOSTICK, MICHAEL
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: 32.688137 / -103.140114
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7335
Ownership Info
401 W Rainbow Dr has no associated ownership info
401 W Rainbow Dr has no associated ownership info.
Taxes
401 W Rainbow Dr has 10 associated Taxes items
401 W Rainbow 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 $13,496. The APN we've located for 401 W Rainbow Dr is 4 000 009 690 001.
Unlock the full reportTax History
401 W Rainbow Dr 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 $13,496 | Land Value $867 | Improvement Value $12,629 | Tax Amount $364.24 | Change Rate +0.017146% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $13,103 | Land Value $842 | Improvement Value $12,261 | Tax Amount $358.1 | Change Rate +0.016088% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $12,721 | Land Value $817 | Improvement Value $11,904 | Tax Amount $352.43 | Change Rate +0.043341% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $12,721 | Land Value $817 | Improvement Value $11,904 | Tax Amount $337.79 | Change Rate +0.032681% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $11,990 | Land Value $770 | Improvement Value $11,220 | Tax Amount $327.1 | Change Rate +0.04575% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $11,641 | Land Value $748 | Improvement Value $10,893 | Tax Amount $312.79 | Change Rate +0.047943% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $11,302 | Land Value $726 | Improvement Value $10,576 | Tax Amount $298.48 | Change Rate -0.112301% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $10,973 | Land Value $705 | Improvement Value $10,268 | Tax Amount $336.24 | Change Rate +0.030052% | Assessed CR | Tax Rate +0.030642% |
| Year 2017 | Assessed Value $31,959 | Land Value $2,052 | Improvement Value $29,907 | Tax Amount $326.43 | Change Rate | Assessed CR | Tax Rate +0.010214% |
| Year 2016 | Assessed Value $31,029 | Land Value $1,992 | Improvement Value $29,037 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $30,126 | Land Value $1,935 | Improvement Value $28,191 | Tax Amount $264.51 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $29,247 | Land Value $1,878 | Improvement Value $27,369 | Tax Amount | Change Rate | Assessed CR | Tax Rate |