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404 W Cottonwood Ln; Hobbs, NM Property Details

404 W Cottonwood Ln, Hobbs, NM is a Single Family that was built in 2020. This property is currently Financed and is not for sale. Our records show that 404 W Cottonwood Ln has 4 bedrooms, and 2 bathrooms, and a total of 1,720 square feet. The lot size of 404 W Cottonwood Ln is 100,264 square feet.

Off market
404 W Cottonwood Ln Hobbs, NM 88242
$226,000 Listing Price
4 Beds
2 Baths
1,720 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $224,125
  • Open Loans / Balance: 1 / $221,906
  • Est. Equity / %: $29,094 / 11.59%
  • APN: 4 981 211 102 716
  • Situs County: Lea
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Measurements

  • Total: 1,720/SqFt
  • Lot: 100,264/SqFt
  • Price Per Square Foot: $130.31

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 2
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: 32.790234 / -103.139656
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8094

Ownership Info

404 W Cottonwood Ln has no associated ownership info
404 W Cottonwood Ln has no associated ownership info.

Taxes

404 W Cottonwood Ln has 10 associated Taxes items

404 W Cottonwood Ln, 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 $54,213. The APN we've located for 404 W Cottonwood Ln is 4 981 211 102 716.

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Taxes
  • Assessed Value:  $54,213
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 102 716
  • Assessed Land Value:  11941
  • Market Land Value:  35823
  • Tax Amount:  977.44
  • Tax Year:  2025
  • Market Value:  162639
  • Market Year:  2025

Tax History

404 W Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $54,213 Land Value $11,941 Improvement Value $42,272 Tax Amount $977.44 Change Rate -0.105662% Assessed CR Tax Rate +0.01803%
Year 2024 Assessed Value $52,634 Land Value $11,593 Improvement Value $41,041 Tax Amount $1,092.92 Change Rate -0.005885% Assessed CR Tax Rate +0.020765%
Year 2023 Assessed Value $52,296 Land Value $11,255 Improvement Value $41,041 Tax Amount $1,099.39 Change Rate +0.023602% Assessed CR Tax Rate +0.021022%
Year 2022 Assessed Value $52,296 Land Value $11,255 Improvement Value $41,041 Tax Amount $1,074.04 Change Rate +0.009427% Assessed CR Tax Rate +0.020538%
Year 2021 Assessed Value $51,650 Land Value $10,609 Improvement Value $41,041 Tax Amount $1,064.01 Change Rate -0.092939% Assessed CR Tax Rate +0.0206%
Year 2020 Assessed Value $51,341 Land Value $10,300 Improvement Value $41,041 Tax Amount $1,173.03 Change Rate Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $391,400 Land Value $391,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate