- Assessed Value: $27,210
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 000 900 001
- Assessed Land Value: 3000
- Market Land Value: 9000
- Tax Amount: 734.38
- Tax Year: 2025
- Market Value: 81630
- Market Year: 2025
404 W Rainbow Dr; Hobbs, NM Property Details
Off market
404 W Rainbow Dr Hobbs, NM 88240
$90,000 Listing Price
5 Beds
2 Baths
1,480 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1948
- Est. Equity / %: $115,000 / 100%
- APN: 4 000 000 900 001
- Situs County: Lea
- Length Of Ownership: 5 years
Rooms
- Bedrooms: 5
- Bathrooms: 2
Measurements
- Total: 1,480/SqFt
- Lot: 7,812/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 8 LOT 9 41414 AGUILAR, RAYMOND P 11321 AFFDTH AGUILAR, RAYMOND PORRAS JR 72721 AGUILAR, RAYMOND PORRAS
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: 32.68771 / -103.14053
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7336
Ownership Info
404 W Rainbow Dr has no associated ownership info
404 W Rainbow Dr has no associated ownership info.
Taxes
404 W Rainbow Dr has 10 associated Taxes items
404 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 $27,210. The APN we've located for 404 W Rainbow Dr is 4 000 000 900 001.
Unlock the full reportTaxes
Tax History
404 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 $27,210 | Land Value $3,000 | Improvement Value $24,210 | Tax Amount $734.38 | Change Rate -0.012492% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $27,210 | Land Value $3,000 | Improvement Value $24,210 | Tax Amount $743.67 | Change Rate -0.013465% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $27,210 | Land Value $3,000 | Improvement Value $24,210 | Tax Amount $753.82 | Change Rate +0.012886% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $27,210 | Land Value $3,000 | Improvement Value $24,210 | Tax Amount $744.23 | Change Rate +0.540657% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $17,707 | Land Value $770 | Improvement Value $16,937 | Tax Amount $483.06 | Change Rate +0.045698% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $17,192 | Land Value $748 | Improvement Value $16,444 | Tax Amount $461.95 | Change Rate +0.048028% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $16,691 | Land Value $726 | Improvement Value $15,965 | Tax Amount $440.78 | Change Rate -0.106285% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $16,205 | Land Value $705 | Improvement Value $15,500 | Tax Amount $493.2 | Change Rate +0.030011% | Assessed CR | Tax Rate +0.030435% |
| Year 2017 | Assessed Value $47,199 | Land Value $2,052 | Improvement Value $45,147 | Tax Amount $478.83 | Change Rate | Assessed CR | Tax Rate +0.010145% |
| Year 2016 | Assessed Value $45,825 | Land Value $1,992 | Improvement Value $43,833 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $44,490 | Land Value $1,935 | Improvement Value $42,555 | Tax Amount $390.62 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $43,194 | Land Value $1,878 | Improvement Value $41,316 | Tax Amount | Change Rate | Assessed CR | Tax Rate |