Taxes
- Assessed Value: $20,297
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 074 720 001
- Assessed Land Value: 1989
- Market Land Value: 5967
- Tax Amount: 547.79
- Tax Year: 2025
- Market Value: 60891
- Market Year: 2025
403 W Rainbow Dr; Hobbs, NM Property Details
Off market
403 W Rainbow Dr Hobbs, NM 88240
$20,297 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1987
- Est. Equity / %: $140,000 / 100%
- APN: 4 000 074 720 001
- Situs County: Lea
Measurements
- Lot: 7,969/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 17 1987-1ST INTERSTATE MTGCOLORADO 1988-FIRST INTERST BANK OF CASPER 595-MARTIN, DUANE A 82310-T
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: 32.688126 / -103.140335
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7335
Ownership Info
403 W Rainbow Dr has no associated ownership info
403 W Rainbow Dr has no associated ownership info.
Taxes
403 W Rainbow Dr has 10 associated Taxes items
403 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 $20,297. The APN we've located for 403 W Rainbow Dr is 4 000 074 720 001.
Unlock the full reportTax History
403 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 $20,297 | Land Value $1,989 | Improvement Value $18,308 | Tax Amount $547.79 | Change Rate +0.017119% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $19,706 | Land Value $1,931 | Improvement Value $17,775 | Tax Amount $538.57 | Change Rate +0.016112% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $19,132 | Land Value $1,875 | Improvement Value $17,257 | Tax Amount $530.03 | Change Rate +0.043305% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $19,132 | Land Value $1,875 | Improvement Value $17,257 | Tax Amount $508.03 | Change Rate +0.032665% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $18,033 | Land Value $1,767 | Improvement Value $16,266 | Tax Amount $491.96 | Change Rate +0.015313% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $18,033 | Land Value $1,767 | Improvement Value $16,266 | Tax Amount $484.54 | Change Rate +0.017471% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $18,033 | Land Value $1,767 | Improvement Value $16,266 | Tax Amount $476.22 | Change Rate -0.147567% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $18,033 | Land Value $1,767 | Improvement Value $16,266 | Tax Amount $558.66 | Change Rate | Assessed CR | Tax Rate +0.03098% |
| Year 2017 | Assessed Value $54,099 | Land Value $5,301 | Improvement Value $48,798 | Tax Amount $558.66 | Change Rate | Assessed CR | Tax Rate +0.010327% |
| Year 2016 | Assessed Value $54,099 | Land Value $5,301 | Improvement Value $48,798 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $54,099 | Land Value $5,301 | Improvement Value $48,798 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $54,099 | Land Value $5,301 | Improvement Value $48,798 | Tax Amount | Change Rate | Assessed CR | Tax Rate |