Taxes
- Assessed Value: $6,903
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 123 870 001
- Assessed Land Value: 700
- Market Land Value: 2100
- Tax Amount: 186.31
- Tax Year: 2025
- Market Value: 20709
- Market Year: 2025
405 W Shipp 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 $6,903. The APN we've located for 405 W Shipp Dr is 4 000 123 870 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $6,903 | Land Value $700 | Improvement Value $6,203 | Tax Amount $186.31 | Change Rate -0.012404% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $6,903 | Land Value $700 | Improvement Value $6,203 | Tax Amount $188.65 | Change Rate -0.013595% | Assessed CR | Tax Rate +0.027329% |
| Year 2023 | Assessed Value $6,903 | Land Value $700 | Improvement Value $6,203 | Tax Amount $191.25 | Change Rate +0.012923% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $6,903 | Land Value $700 | Improvement Value $6,203 | Tax Amount $188.81 | Change Rate -0.488514% | Assessed CR | Tax Rate +0.027352% |
| Year 2021 | Assessed Value $13,531 | Land Value $770 | Improvement Value $12,761 | Tax Amount $369.14 | Change Rate +0.045752% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $13,137 | Land Value $748 | Improvement Value $12,389 | Tax Amount $352.99 | Change Rate +0.048008% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $12,754 | Land Value $726 | Improvement Value $12,028 | Tax Amount $336.82 | Change Rate -0.110213% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $12,383 | Land Value $705 | Improvement Value $11,678 | Tax Amount $378.54 | Change Rate +0.030041% | Assessed CR | Tax Rate +0.030569% |
| Year 2017 | Assessed Value $36,066 | Land Value $2,052 | Improvement Value $34,014 | Tax Amount $367.5 | Change Rate | Assessed CR | Tax Rate +0.01019% |
| Year 2016 | Assessed Value $35,016 | Land Value $1,992 | Improvement Value $33,024 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $33,996 | Land Value $1,935 | Improvement Value $32,061 | Tax Amount $298.47 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $33,006 | Land Value $1,878 | Improvement Value $31,128 | Tax Amount | Change Rate | Assessed CR | Tax Rate |