Taxes
- Assessed Value: $7,848
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 003 510 001
- Assessed Land Value: 550
- Market Land Value: 1650
- Tax Amount: 211.81
- Tax Year: 2025
- Market Value: 23544
- Market Year: 2025
409 E Palace 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 $7,848. The APN we've located for 409 E Palace Ave is 4 000 003 510 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $7,848 | Land Value $550 | Improvement Value $7,298 | Tax Amount $211.81 | Change Rate +0.017144% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $7,619 | Land Value $534 | Improvement Value $7,085 | Tax Amount $208.24 | Change Rate +0.016201% | Assessed CR | Tax Rate +0.027332% |
| Year 2023 | Assessed Value $7,397 | Land Value $518 | Improvement Value $6,879 | Tax Amount $204.92 | Change Rate +0.043168% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $7,397 | Land Value $518 | Improvement Value $6,879 | Tax Amount $196.44 | Change Rate +0.032862% | Assessed CR | Tax Rate +0.026557% |
| Year 2021 | Assessed Value $6,972 | Land Value $488 | Improvement Value $6,484 | Tax Amount $190.19 | Change Rate +0.045689% | Assessed CR | Tax Rate +0.027279% |
| Year 2020 | Assessed Value $6,769 | Land Value $474 | Improvement Value $6,295 | Tax Amount $181.88 | Change Rate +0.017397% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $6,769 | Land Value $474 | Improvement Value $6,295 | Tax Amount $178.77 | Change Rate -0.139743% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $6,769 | Land Value $474 | Improvement Value $6,295 | Tax Amount $207.81 | Change Rate | Assessed CR | Tax Rate +0.0307% |
| Year 2017 | Assessed Value $20,307 | Land Value $1,422 | Improvement Value $18,885 | Tax Amount $207.81 | Change Rate | Assessed CR | Tax Rate +0.010233% |
| Year 2016 | Assessed Value $20,307 | Land Value $1,422 | Improvement Value $18,885 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $20,307 | Land Value $1,422 | Improvement Value $18,885 | Tax Amount $178.32 | Change Rate | Assessed CR | Tax Rate +0.008781% |
| Year 2014 | Assessed Value $20,307 | Land Value $1,422 | Improvement Value $18,885 | Tax Amount | Change Rate | Assessed CR | Tax Rate |