Taxes
- Assessed Value: $59,361
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 144 450 001
- Assessed Land Value: 4875
- Market Land Value: 14625
- Tax Amount: 1548.12
- Tax Year: 2025
- Market Value: 178083
- Market Year: 2025
408 E Alto Dr; Hobbs, NM Property Details
Off market
408 E Alto Dr Hobbs, NM 88240
$59,361 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $380,000 / 100%
- APN: 4 000 144 450 001
- Situs County: Lea
Measurements
- Lot: 10,595/SqFt
Legal Description
- Description: BROADMOOR ADD UNIT 15 BLOCK 49 LOT 11 L-1-142 500-WILLIAMS, ROBERT M PHOTO AVAILABLE
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: 32.718845 / -103.13262
- Subdivision: Broadmoor Add
- Property Class: Residential
Amenities
- Plus Four: 4002
Ownership Info
408 E Alto Dr has no associated ownership info
408 E Alto Dr has no associated ownership info.
Taxes
408 E Alto Dr has 10 associated Taxes items
408 E Alto 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 $59,361. The APN we've located for 408 E Alto Dr is 4 000 144 450 001.
Unlock the full reportTax History
408 E Alto 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 $59,361 | Land Value $4,875 | Improvement Value $54,486 | Tax Amount $1,548.12 | Change Rate +0.018219% | Assessed CR | Tax Rate +0.02608% |
| Year 2024 | Assessed Value $57,632 | Land Value $4,733 | Improvement Value $52,899 | Tax Amount $1,520.42 | Change Rate +0.017194% | Assessed CR | Tax Rate +0.026382% |
| Year 2023 | Assessed Value $55,953 | Land Value $4,595 | Improvement Value $51,358 | Tax Amount $1,494.72 | Change Rate +0.044463% | Assessed CR | Tax Rate +0.026714% |
| Year 2022 | Assessed Value $55,953 | Land Value $4,595 | Improvement Value $51,358 | Tax Amount $1,431.09 | Change Rate +0.033823% | Assessed CR | Tax Rate +0.025577% |
| Year 2021 | Assessed Value $52,741 | Land Value $4,331 | Improvement Value $48,410 | Tax Amount $1,384.27 | Change Rate +0.047% | Assessed CR | Tax Rate +0.026247% |
| Year 2020 | Assessed Value $51,205 | Land Value $4,205 | Improvement Value $47,000 | Tax Amount $1,322.13 | Change Rate +0.049235% | Assessed CR | Tax Rate +0.02582% |
| Year 2019 | Assessed Value $49,714 | Land Value $4,083 | Improvement Value $45,631 | Tax Amount $1,260.09 | Change Rate -0.141406% | Assessed CR | Tax Rate +0.025347% |
| Year 2018 | Assessed Value $48,266 | Land Value $3,964 | Improvement Value $44,302 | Tax Amount $1,467.62 | Change Rate +0.0304% | Assessed CR | Tax Rate +0.030407% |
| Year 2017 | Assessed Value $140,583 | Land Value $11,547 | Improvement Value $129,036 | Tax Amount $1,424.32 | Change Rate | Assessed CR | Tax Rate +0.010132% |
| Year 2016 | Assessed Value $136,488 | Land Value $11,211 | Improvement Value $125,277 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $132,513 | Land Value $10,884 | Improvement Value $121,629 | Tax Amount $1,110.78 | Change Rate | Assessed CR | Tax Rate +0.008382% |
| Year 2014 | Assessed Value $128,652 | Land Value $10,566 | Improvement Value $118,086 | Tax Amount | Change Rate | Assessed CR | Tax Rate |