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409 W Rainbow Dr; Hobbs, NM Property Details

409 W Rainbow Dr, Hobbs, NM is a Vacant Land General. This property is not for sale. The lot size of 409 W Rainbow Dr is 8,695 square feet.

Off market
409 W Rainbow Dr Hobbs, NM 88240
$911 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Est. Equity / %: $432,000 / 100%
  • APN: 4 000 158 910 001
  • Situs County: Lea

Measurements

  • Lot: 8,695/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 7 LOT 14
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.688126 / -103.140915
  • Subdivision: Southern Hts Add
  • Property Class: Vacant

Amenities

  • Plus Four: 7335

Ownership Info

409 W Rainbow Dr has no associated ownership info
409 W Rainbow Dr has no associated ownership info.

Taxes

409 W Rainbow Dr has 10 associated Taxes items

409 W Rainbow 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 $911. The APN we've located for 409 W Rainbow Dr is 4 000 158 910 001.

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Taxes
  • Assessed Value:  $911
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 158 910 001
  • Assessed Land Value:  911
  • Market Land Value:  2733
  • Tax Amount:  31.43
  • Tax Year:  2025
  • Market Value:  2733
  • Market Year:  2025

Tax History

409 W Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $911 Land Value $911 Improvement Value Tax Amount $31.43 Change Rate -0.880757% Assessed CR Tax Rate +0.034501%
Year 2024 Assessed Value $9,644 Land Value $884 Improvement Value $8,760 Tax Amount $263.58 Change Rate +0.016153% Assessed CR Tax Rate +0.027331%
Year 2023 Assessed Value $9,363 Land Value $858 Improvement Value $8,505 Tax Amount $259.39 Change Rate +0.043361% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $9,363 Land Value $858 Improvement Value $8,505 Tax Amount $248.61 Change Rate +0.002541% Assessed CR Tax Rate +0.026552%
Year 2021 Assessed Value $9,090 Land Value $833 Improvement Value $8,257 Tax Amount $247.98 Change Rate +0.015313% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $9,090 Land Value $833 Improvement Value $8,257 Tax Amount $244.24 Change Rate +0.017455% Assessed CR Tax Rate +0.026869%
Year 2019 Assessed Value $9,090 Land Value $833 Improvement Value $8,257 Tax Amount $240.05 Change Rate -0.145821% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $9,090 Land Value $833 Improvement Value $8,257 Tax Amount $281.03 Change Rate Assessed CR Tax Rate +0.030916%
Year 2017 Assessed Value $27,270 Land Value $2,499 Improvement Value $24,771 Tax Amount $281.03 Change Rate Assessed CR Tax Rate +0.010305%
Year 2016 Assessed Value $27,270 Land Value $2,499 Improvement Value $24,771 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $27,270 Land Value $2,499 Improvement Value $24,771 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $27,270 Land Value $2,499 Improvement Value $24,771 Tax Amount Change Rate Assessed CR Tax Rate