Taxes
- Assessed Value: $39,911
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 150 370 001
- Assessed Land Value: 4456
- Market Land Value: 13368
- Tax Amount: 1077.16
- Tax Year: 2025
- Market Value: 119733
- Market Year: 2025
408 E Texas St; Hobbs, NM Property Details
Off market
408 E Texas St Hobbs, NM 88240
$126,000 Listing Price
3 Beds
2 Baths
1,290 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2009
- Purchase Price: $125,400
- Open Loans / Balance: 1 / $133,039
- Est. Equity / %: $26,961 / 16.85%
- APN: 4 000 150 370 001
- Situs County: Lea
- Length Of Ownership: 6 years
Rooms
- Bedrooms: 3
- Bathrooms: 2
Measurements
- Total: 1,290/SqFt
- Lot: 6,103/SqFt
- Price Per Square Foot: $97.21
Legal Description
- Description: NEW HOBBS ADD BLOCK 88 LOT 17 18 61920 BACA, LAZARA
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: 32.689587 / -103.13198
- Subdivision: New Hobbs Add
- Property Class: Residential
Amenities
- Plus Four: 7454
HOA
- H O A One Type: Home Owner Association
Ownership Info
408 E Texas St has no associated ownership info
408 E Texas St has no associated ownership info.
Taxes
408 E Texas St has 10 associated Taxes items
408 E Texas 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 $39,911. The APN we've located for 408 E Texas St is 4 000 150 370 001.
Unlock the full reportTax History
408 E Texas St 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 $39,911 | Land Value $4,456 | Improvement Value $35,455 | Tax Amount $1,077.16 | Change Rate +0.017158% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $38,748 | Land Value $4,326 | Improvement Value $34,422 | Tax Amount $1,058.99 | Change Rate +0.0161% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $37,619 | Land Value $4,200 | Improvement Value $33,419 | Tax Amount $1,042.21 | Change Rate +0.012916% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $37,619 | Land Value $4,200 | Improvement Value $33,419 | Tax Amount $1,028.92 | Change Rate +0.002563% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $37,619 | Land Value $4,200 | Improvement Value $33,419 | Tax Amount $1,026.29 | Change Rate +1.057518% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $18,563 | Land Value $462 | Improvement Value $18,101 | Tax Amount $498.8 | Change Rate +0.047965% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $18,023 | Land Value $449 | Improvement Value $17,574 | Tax Amount $475.97 | Change Rate -0.100756% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $17,498 | Land Value $436 | Improvement Value $17,062 | Tax Amount $529.3 | Change Rate +0.030027% | Assessed CR | Tax Rate +0.030249% |
| Year 2017 | Assessed Value $50,964 | Land Value $1,269 | Improvement Value $49,695 | Tax Amount $513.87 | Change Rate | Assessed CR | Tax Rate +0.010083% |
| Year 2016 | Assessed Value $49,482 | Land Value $1,233 | Improvement Value $48,249 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $48,042 | Land Value $1,197 | Improvement Value $46,845 | Tax Amount $421.81 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $46,641 | Land Value $1,161 | Improvement Value $45,480 | Tax Amount | Change Rate | Assessed CR | Tax Rate |