Taxes
- Assessed Value: $12,728
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 169 230 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 289.53
- Tax Year: 2025
- Market Value: 38184
- Market Year: 2025
405 W Rainbow Dr; Hobbs, NM Property Details
Off market
405 W Rainbow Dr Hobbs, NM 88240
$12,728 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1987
- Est. Equity / %: $137,000 / 100%
- APN: 4 000 169 230 001
- Situs County: Lea
Measurements
- Lot: 7,939/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 7 LOT 16 1987-CARDEN, DEAN E PHOTO 11614
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: 32.688103 / -103.14055
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7335
Ownership Info
405 W Rainbow Dr has no associated ownership info
405 W Rainbow Dr has no associated ownership info.
Taxes
405 W Rainbow Dr has 10 associated Taxes items
405 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 $12,728. The APN we've located for 405 W Rainbow Dr is 4 000 169 230 001.
Unlock the full reportTax History
405 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 $12,728 | Land Value $867 | Improvement Value $11,861 | Tax Amount $289.53 | Change Rate +0.022785% | Assessed CR | Tax Rate +0.022747% |
| Year 2024 | Assessed Value $12,358 | Land Value $842 | Improvement Value $11,516 | Tax Amount $283.08 | Change Rate +0.021986% | Assessed CR | Tax Rate +0.022907% |
| Year 2023 | Assessed Value $11,998 | Land Value $817 | Improvement Value $11,181 | Tax Amount $276.99 | Change Rate +0.049642% | Assessed CR | Tax Rate +0.023086% |
| Year 2022 | Assessed Value $11,998 | Land Value $817 | Improvement Value $11,181 | Tax Amount $263.89 | Change Rate +0.039101% | Assessed CR | Tax Rate +0.021994% |
| Year 2021 | Assessed Value $11,309 | Land Value $770 | Improvement Value $10,539 | Tax Amount $253.96 | Change Rate +0.052466% | Assessed CR | Tax Rate +0.022456% |
| Year 2020 | Assessed Value $10,980 | Land Value $748 | Improvement Value $10,232 | Tax Amount $241.3 | Change Rate +0.055094% | Assessed CR | Tax Rate +0.021976% |
| Year 2019 | Assessed Value $10,660 | Land Value $726 | Improvement Value $9,934 | Tax Amount $228.7 | Change Rate -0.23139% | Assessed CR | Tax Rate +0.021454% |
| Year 2018 | Assessed Value $10,350 | Land Value $705 | Improvement Value $9,645 | Tax Amount $297.55 | Change Rate +0.032156% | Assessed CR | Tax Rate +0.028749% |
| Year 2017 | Assessed Value $30,144 | Land Value $2,052 | Improvement Value $28,092 | Tax Amount $288.28 | Change Rate | Assessed CR | Tax Rate +0.009563% |
| Year 2016 | Assessed Value $29,265 | Land Value $1,992 | Improvement Value $27,273 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $28,413 | Land Value $1,935 | Improvement Value $26,478 | Tax Amount $196.78 | Change Rate | Assessed CR | Tax Rate +0.006926% |
| Year 2014 | Assessed Value $27,585 | Land Value $1,878 | Improvement Value $25,707 | Tax Amount | Change Rate | Assessed CR | Tax Rate |