Large Location Icon

409 E Teague Dr; Hobbs, NM Property Details

409 E Teague Dr, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 409 E Teague Dr is 33,106 square feet.

Off market
409 E Teague Dr Hobbs, NM 88242
$23,651 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $93,500
  • Open Loans / Balance: 1 / $68,246
  • Est. Equity / %: $131,754 / 65.88%
  • APN: 4 000 708 770 001
  • Situs County: Lea
  • Length Of Ownership: 8 years, 9 months

Measurements

  • Lot: 33,106/SqFt

Legal Description

  • Description: SECTION-03 TOWNSHIP-18S RANGE-38E .76 AC LOC SW4SE4 TR BEG N0D3W 1652 & S89D58W 1754 FROM SE COR SEC 3, TH S0D03E 379, S89D58
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: 32.773666 / -103.13354
  • Property Class: Residential

Amenities

  • Plus Four: 8023

Ownership Info

409 E Teague Dr has no associated ownership info
409 E Teague Dr has no associated ownership info.

Taxes

409 E Teague Dr has 10 associated Taxes items

409 E Teague 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 $23,651. The APN we've located for 409 E Teague Dr is 4 000 708 770 001.

Unlock the full report
Taxes
  • Assessed Value:  $23,651
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 708 770 001
  • Assessed Land Value:  3565
  • Market Land Value:  10695
  • Tax Amount:  547.64
  • Tax Year:  2025
  • Market Value:  70953
  • Market Year:  2025

Tax History

409 E Teague Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,651 Land Value $3,565 Improvement Value $20,086 Tax Amount $547.64 Change Rate +0.017672% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $22,962 Land Value $3,461 Improvement Value $19,501 Tax Amount $538.13 Change Rate +0.01649% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $22,293 Land Value $3,360 Improvement Value $18,933 Tax Amount $529.4 Change Rate +0.046824% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $22,293 Land Value $3,360 Improvement Value $18,933 Tax Amount $505.72 Change Rate +0.032503% Assessed CR Tax Rate +0.022685%
Year 2021 Assessed Value $21,014 Land Value $3,167 Improvement Value $17,847 Tax Amount $489.8 Change Rate +0.020119% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $21,014 Land Value $3,167 Improvement Value $17,847 Tax Amount $480.14 Change Rate +0.02025% Assessed CR Tax Rate +0.022849%
Year 2019 Assessed Value $21,014 Land Value $3,167 Improvement Value $17,847 Tax Amount $470.61 Change Rate -0.289205% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $21,014 Land Value $3,167 Improvement Value $17,847 Tax Amount $662.09 Change Rate Assessed CR Tax Rate +0.031507%
Year 2017 Assessed Value $63,042 Land Value $9,501 Improvement Value $53,541 Tax Amount $662.09 Change Rate Assessed CR Tax Rate +0.010502%
Year 2016 Assessed Value $33,339 Land Value $1,635 Improvement Value $31,704 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $32,367 Land Value $1,587 Improvement Value $30,780 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,425 Land Value $1,542 Improvement Value $29,883 Tax Amount Change Rate Assessed CR Tax Rate