Taxes
- Assessed Value: $38,231
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 787 590 001
- Assessed Land Value: 3971
- Market Land Value: 11913
- Tax Amount: 977.83
- Tax Year: 2025
- Market Value: 114693
- Market Year: 2025
406 E Castle Ave; Hobbs, NM Property Details
Off market
406 E Castle Ave Hobbs, NM 88240
$38,231 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Purchase Price: $6,486,200
- Est. Equity / %: $136,000 / 100%
- APN: 4 000 787 590 001
- Situs County: Lea
- Length Of Ownership: 11 years
Measurements
- Lot: 51,401/SqFt
Legal Description
- Description: SECTION-03 TOWNSHIP-19S RANGE-38E 1.18 AC LOC SE4 TRACT ONE BEG AT THE SE CORNER OF THIS TRACT, WHICH LIES S89D2117W ALONG TH
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: 32.684235 / -103.13215
- Subdivision: S3t19sr38e Nmpm W/2
- Property Class: Residential
Amenities
- Plus Four: 7707
Ownership Info
406 E Castle Ave has no associated ownership info
406 E Castle Ave has no associated ownership info.
Taxes
406 E Castle Ave has 10 associated Taxes items
406 E Castle Ave, 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 $38,231. The APN we've located for 406 E Castle Ave is 4 000 787 590 001.
Unlock the full reportTax History
406 E Castle Ave 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 $38,231 | Land Value $3,971 | Improvement Value $34,260 | Tax Amount $977.83 | Change Rate +0.018838% | Assessed CR | Tax Rate +0.025577% |
| Year 2024 | Assessed Value $37,117 | Land Value $3,855 | Improvement Value $33,262 | Tax Amount $959.75 | Change Rate +0.017838% | Assessed CR | Tax Rate +0.025857% |
| Year 2023 | Assessed Value $36,036 | Land Value $3,743 | Improvement Value $32,293 | Tax Amount $942.93 | Change Rate +0.045157% | Assessed CR | Tax Rate +0.026166% |
| Year 2022 | Assessed Value $36,036 | Land Value $3,743 | Improvement Value $32,293 | Tax Amount $902.19 | Change Rate +0.075765% | Assessed CR | Tax Rate +0.025036% |
| Year 2021 | Assessed Value $32,741 | Land Value $2,302 | Improvement Value $30,439 | Tax Amount $838.65 | Change Rate +0.047828% | Assessed CR | Tax Rate +0.025615% |
| Year 2020 | Assessed Value $31,787 | Land Value $2,235 | Improvement Value $29,552 | Tax Amount $800.37 | Change Rate +0.050106% | Assessed CR | Tax Rate +0.025179% |
| Year 2019 | Assessed Value $30,861 | Land Value $2,170 | Improvement Value $28,691 | Tax Amount $762.18 | Change Rate -0.153067% | Assessed CR | Tax Rate +0.024697% |
| Year 2018 | Assessed Value $29,962 | Land Value $2,107 | Improvement Value $27,855 | Tax Amount $899.93 | Change Rate +0.030659% | Assessed CR | Tax Rate +0.030036% |
| Year 2017 | Assessed Value $87,270 | Land Value $6,138 | Improvement Value $81,132 | Tax Amount $873.16 | Change Rate | Assessed CR | Tax Rate +0.010005% |
| Year 2016 | Assessed Value $84,726 | Land Value $5,958 | Improvement Value $78,768 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $82,257 | Land Value $5,784 | Improvement Value $76,473 | Tax Amount $669.54 | Change Rate | Assessed CR | Tax Rate +0.00814% |
| Year 2014 | Assessed Value $79,863 | Land Value $5,616 | Improvement Value $74,247 | Tax Amount | Change Rate | Assessed CR | Tax Rate |