Taxes
- Assessed Value: $21,467
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 123 210 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 579.38
- Tax Year: 2025
- Market Value: 64401
- Market Year: 2025
402 W Rainbow Dr; Hobbs, NM Property Details
Off market
402 W Rainbow Dr Hobbs, NM 88240
$21,467 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1990
- Est. Equity / %: $123,000 / 100%
- APN: 4 000 123 210 001
- Situs County: Lea
Measurements
- Lot: 7,841/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 8 LOT 8 169-0068554A 1990-WOODRUFF, WILLIAM L
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: 32.687695 / -103.140335
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7336
Ownership Info
402 W Rainbow Dr has no associated ownership info
402 W Rainbow Dr has no associated ownership info.
Taxes
402 W Rainbow Dr has 10 associated Taxes items
402 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 $21,467. The APN we've located for 402 W Rainbow Dr is 4 000 123 210 001.
Unlock the full reportTax History
402 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 $21,467 | Land Value $867 | Improvement Value $20,600 | Tax Amount $579.38 | Change Rate +0.017134% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $20,842 | Land Value $842 | Improvement Value $20,000 | Tax Amount $569.62 | Change Rate +0.016144% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $20,234 | Land Value $817 | Improvement Value $19,417 | Tax Amount $560.57 | Change Rate +0.043309% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $20,234 | Land Value $817 | Improvement Value $19,417 | Tax Amount $537.3 | Change Rate +0.032693% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $19,072 | Land Value $770 | Improvement Value $18,302 | Tax Amount $520.29 | Change Rate +0.045704% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $18,517 | Land Value $748 | Improvement Value $17,769 | Tax Amount $497.55 | Change Rate +0.048003% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $17,977 | Land Value $726 | Improvement Value $17,251 | Tax Amount $474.76 | Change Rate -0.105357% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $17,454 | Land Value $705 | Improvement Value $16,749 | Tax Amount $530.67 | Change Rate +0.030047% | Assessed CR | Tax Rate +0.030404% |
| Year 2017 | Assessed Value $50,835 | Land Value $2,052 | Improvement Value $48,783 | Tax Amount $515.19 | Change Rate | Assessed CR | Tax Rate +0.010135% |
| Year 2016 | Assessed Value $49,353 | Land Value $1,992 | Improvement Value $47,361 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $47,916 | Land Value $1,935 | Improvement Value $45,981 | Tax Amount $420.69 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $46,521 | Land Value $1,878 | Improvement Value $44,643 | Tax Amount | Change Rate | Assessed CR | Tax Rate |