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406 W Main St; Hobbs, NM Property Details

406 W Main St, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 406 W Main St is 7,007 square feet.

Off market
406 W Main St Hobbs, NM 88240
$9,289 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Est. Equity / %: $59,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 139 510 001
  • Situs County: Lea
  • Length Of Ownership: 8 months

Measurements

  • Lot: 7,007/SqFt

Legal Description

  • Description: NEW HOBBS ADD BLOCK 46 LOT 21 22 1097-WALKER, LAVERNE 32510-MADRID, IVAN & THERESA T
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: 32.692635 / -103.140335
  • Subdivision: New Hobbs Add
  • Property Class: Residential

Amenities

  • Plus Four: 7138

HOA

  • H O A One Type: Home Owner Association

Ownership Info

406 W Main St has no associated ownership info
406 W Main St has no associated ownership info.

Taxes

406 W Main St has 10 associated Taxes items

406 W Main 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 $9,289. The APN we've located for 406 W Main St is 4 000 139 510 001.

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Taxes
  • Assessed Value:  $9,289
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 139 510 001
  • Assessed Land Value:  585
  • Market Land Value:  1755
  • Tax Amount:  196.73
  • Tax Year:  2025
  • Market Value:  27867
  • Market Year:  2025

Tax History

406 W Main St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,289 Land Value $585 Improvement Value $8,704 Tax Amount $196.73 Change Rate +0.02565% Assessed CR Tax Rate +0.021179%
Year 2024 Assessed Value $9,018 Land Value $568 Improvement Value $8,450 Tax Amount $191.81 Change Rate +0.0249% Assessed CR Tax Rate +0.02127%
Year 2023 Assessed Value $8,755 Land Value $551 Improvement Value $8,204 Tax Amount $187.15 Change Rate +0.052646% Assessed CR Tax Rate +0.021376%
Year 2022 Assessed Value $8,755 Land Value $551 Improvement Value $8,204 Tax Amount $177.79 Change Rate +0.04239% Assessed CR Tax Rate +0.020307%
Year 2021 Assessed Value $8,252 Land Value $519 Improvement Value $7,733 Tax Amount $170.56 Change Rate +0.055772% Assessed CR Tax Rate +0.020669%
Year 2020 Assessed Value $8,012 Land Value $504 Improvement Value $7,508 Tax Amount $161.55 Change Rate +0.058719% Assessed CR Tax Rate +0.020164%
Year 2019 Assessed Value $7,778 Land Value $489 Improvement Value $7,289 Tax Amount $152.59 Change Rate -0.277886% Assessed CR Tax Rate +0.019618%
Year 2018 Assessed Value $7,552 Land Value $475 Improvement Value $7,077 Tax Amount $211.31 Change Rate +0.032947% Assessed CR Tax Rate +0.027981%
Year 2017 Assessed Value $21,996 Land Value $1,383 Improvement Value $20,613 Tax Amount $204.57 Change Rate Assessed CR Tax Rate +0.0093%
Year 2016 Assessed Value $21,357 Land Value $1,344 Improvement Value $20,013 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $20,736 Land Value $1,305 Improvement Value $19,431 Tax Amount $129.38 Change Rate Assessed CR Tax Rate +0.006239%
Year 2014 Assessed Value $20,130 Land Value $1,266 Improvement Value $18,864 Tax Amount Change Rate Assessed CR Tax Rate