Taxes
- Assessed Value: $235,552
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 401 950 001
- Assessed Land Value: 88590
- Market Land Value: 88590
- Tax Amount: 4139.88
- Tax Year: 2025
- Market Value: 529476
- Market Year: 2025
423 W Faught 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 $235,552. The APN we've located for 423 W Faught St is 4 000 401 950 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $235,552 | Land Value $88,590 | Improvement Value $146,962 | Tax Amount $4,139.88 | Change Rate +0.016468% | Assessed CR | Tax Rate +0.017575% |
| Year 2024 | Assessed Value $229,496 | Land Value $86,814 | Improvement Value $142,682 | Tax Amount $4,072.81 | Change Rate +0.017378% | Assessed CR | Tax Rate +0.017747% |
| Year 2023 | Assessed Value $222,811 | Land Value $84,285 | Improvement Value $138,526 | Tax Amount $4,003.24 | Change Rate +0.018118% | Assessed CR | Tax Rate +0.017967% |
| Year 2022 | Assessed Value $222,811 | Land Value $84,285 | Improvement Value $138,526 | Tax Amount $3,932 | Change Rate +0.004099% | Assessed CR | Tax Rate +0.017647% |
| Year 2021 | Assessed Value $221,275 | Land Value $82,749 | Improvement Value $138,526 | Tax Amount $3,915.95 | Change Rate +0.022036% | Assessed CR | Tax Rate +0.017697% |
| Year 2020 | Assessed Value $220,540 | Land Value $82,014 | Improvement Value $138,526 | Tax Amount $3,831.52 | Change Rate +1.366173% | Assessed CR | Tax Rate +0.017373% |
| Year 2019 | Assessed Value $70,442 | Land Value $8,904 | Improvement Value $61,538 | Tax Amount $1,619.29 | Change Rate -0.210768% | Assessed CR | Tax Rate +0.022988% |
| Year 2018 | Assessed Value $68,391 | Land Value $8,645 | Improvement Value $59,746 | Tax Amount $2,051.73 | Change Rate +0.03% | Assessed CR | Tax Rate +0.03% |
| Year 2017 | Assessed Value $199,197 | Land Value $25,179 | Improvement Value $174,018 | Tax Amount $1,991.97 | Change Rate | Assessed CR | Tax Rate +0.01% |
| Year 2016 | Assessed Value $193,395 | Land Value $24,447 | Improvement Value $168,948 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $188,415 | Land Value $24,387 | Improvement Value $164,028 | Tax Amount $1,396.84 | Change Rate | Assessed CR | Tax Rate +0.007414% |
| Year 2014 | Assessed Value $183,582 | Land Value $24,330 | Improvement Value $159,252 | Tax Amount | Change Rate | Assessed CR | Tax Rate |