Taxes
- Assessed Value: $32,964
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 117 910 001
- Assessed Land Value: 5000
- Market Land Value: 15000
- Tax Amount: 889.67
- Tax Year: 2025
- Market Value: 98892
- Market Year: 2025
405 E Texas St; Hobbs, NM Property Details
Off market
407 E Texas St Hobbs, NM 88240
$107,000 Listing Price
1 Beds
1 Baths
586 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1960
- Open Loans / Balance: 1 / $103,942
- Est. Equity / %: $20,058 / 16.18%
- Inv. Liens: 1
- APN: 4 000 117 910 001
- Situs County: Lea
- Length Of Ownership: 1 year, 9 months
Rooms
- Bedrooms: 1
- Bathrooms: 1
Measurements
- Total: 586/SqFt
- Lot: 20,997/SqFt
Legal Description
- Description: PERRY ADD BLOCK 1 LOT 1 4225 GALLEGOS, CRUZ A ETAL 4225 LEYVA, REMIGIO ALCALA
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: 32.689133 / -103.13208
- Subdivision: Perry Add
- Property Class: Residential
Amenities
- Plus Four: 7453
Ownership Info
407 E Texas St has no associated ownership info
407 E Texas St has no associated ownership info.
Taxes
407 E Texas St has 10 associated Taxes items
405 E Texas 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 $32,964. The APN we've located for 405 E Texas St is 4 000 117 910 001.
Unlock the full reportTax History
407 E Texas St 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 $32,964 | Land Value $5,000 | Improvement Value $27,964 | Tax Amount $889.67 | Change Rate -0.012487% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $32,964 | Land Value $5,000 | Improvement Value $27,964 | Tax Amount $900.92 | Change Rate -0.01348% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $32,964 | Land Value $5,000 | Improvement Value $27,964 | Tax Amount $913.23 | Change Rate +0.012899% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $32,964 | Land Value $5,000 | Improvement Value $27,964 | Tax Amount $901.6 | Change Rate +0.002558% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $32,964 | Land Value $5,000 | Improvement Value $27,964 | Tax Amount $899.3 | Change Rate +1.09901% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $15,945 | Land Value $1,600 | Improvement Value $14,345 | Tax Amount $428.44 | Change Rate -0.187406% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $20,185 | Land Value $1,553 | Improvement Value $18,632 | Tax Amount $527.25 | Change Rate -0.125607% | Assessed CR | Tax Rate +0.026121% |
| Year 2018 | Assessed Value $19,597 | Land Value $1,508 | Improvement Value $18,089 | Tax Amount $602.99 | Change Rate +0.030013% | Assessed CR | Tax Rate +0.03077% |
| Year 2017 | Assessed Value $57,078 | Land Value $4,392 | Improvement Value $52,686 | Tax Amount $585.42 | Change Rate | Assessed CR | Tax Rate +0.010256% |
| Year 2016 | Assessed Value $55,416 | Land Value $4,263 | Improvement Value $51,153 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $53,805 | Land Value $4,140 | Improvement Value $49,665 | Tax Amount $472.41 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $52,239 | Land Value $4,020 | Improvement Value $48,219 | Tax Amount | Change Rate | Assessed CR | Tax Rate |