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402 N Morris St; Hobbs, NM Property Details

402 N Morris St, Hobbs, NM is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 402 N Morris St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,464 square feet. The lot size of 402 N Morris St is 17,519 square feet.

Off market
402 N Morris St Hobbs, NM 88240
$155,000 Listing Price
3 Beds
1.5 Baths
1,464 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Est. Equity / %: $171,000 / 100%
  • Inv. Liens: 2
  • APN: 4 000 030 440 001
  • Situs County: Lea
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5

Measurements

  • Total: 1,464/SqFt
  • Lot: 17,519/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 99 LOT 9 10 11 12 W 25 OF 11, N80 OF E 12.5 OF 11 N 80 OF 12 72624 ARMIJO, KELLY ETAL
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: 32.704174 / -103.128555
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5848

Ownership Info

402 N Morris St has no associated ownership info
402 N Morris St has no associated ownership info.

Taxes

402 N Morris St has 10 associated Taxes items

402 N Morris St, 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 $50,484. The APN we've located for 402 N Morris St is 4 000 030 440 001.

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Taxes
  • Assessed Value:  $50,484
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 030 440 001
  • Assessed Land Value:  5333
  • Market Land Value:  15999
  • Tax Amount:  1362.51
  • Tax Year:  2025
  • Market Value:  151452
  • Market Year:  2025

Tax History

402 N Morris St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,484 Land Value $5,333 Improvement Value $45,151 Tax Amount $1,362.51 Change Rate +2.988145% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $14,500 Land Value $3,138 Improvement Value $11,362 Tax Amount $341.64 Change Rate +0.020979% Assessed CR Tax Rate +0.023561%
Year 2023 Assessed Value $14,078 Land Value $3,047 Improvement Value $11,031 Tax Amount $334.62 Change Rate +0.048473% Assessed CR Tax Rate +0.023769%
Year 2022 Assessed Value $14,078 Land Value $3,047 Improvement Value $11,031 Tax Amount $319.15 Change Rate +0.037987% Assessed CR Tax Rate +0.02267%
Year 2021 Assessed Value $13,270 Land Value $2,872 Improvement Value $10,398 Tax Amount $307.47 Change Rate +0.051467% Assessed CR Tax Rate +0.02317%
Year 2020 Assessed Value $12,883 Land Value $2,788 Improvement Value $10,095 Tax Amount $292.42 Change Rate +0.053766% Assessed CR Tax Rate +0.022698%
Year 2019 Assessed Value $12,508 Land Value $2,707 Improvement Value $9,801 Tax Amount $277.5 Change Rate -0.251214% Assessed CR Tax Rate +0.022186%
Year 2018 Assessed Value $12,144 Land Value $2,628 Improvement Value $9,516 Tax Amount $370.6 Change Rate +0.031708% Assessed CR Tax Rate +0.030517%
Year 2017 Assessed Value $35,370 Land Value $7,653 Improvement Value $27,717 Tax Amount $359.21 Change Rate Assessed CR Tax Rate +0.010156%
Year 2016 Assessed Value $34,341 Land Value $7,431 Improvement Value $26,910 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $33,342 Land Value $7,215 Improvement Value $26,127 Tax Amount $292.75 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $32,370 Land Value $7,005 Improvement Value $25,365 Tax Amount Change Rate Assessed CR Tax Rate