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423 W Faught St; Hobbs, NM Property Details

423 W Faught St, Hobbs, NM is a Single Family that was built in 1982. This property is currently Financed and is not for sale. Our records show that 423 W Faught St has 3 bedrooms, and 3 bathrooms, and a total of 3,200 square feet. The lot size of 423 W Faught St is 1,346,440 square feet.

Off market
423 W Faught St Hobbs, NM 88242
$575,000 Listing Price
3 Beds
3 Baths
3,200 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1982
  • Purchase Price: $575,000
  • Est. Equity / %: $808,000 / 100%
  • APN: 4 000 401 950 001
  • Situs County: Lea
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3

Measurements

  • Total: 3,200/SqFt
  • Lot: 1,346,440/SqFt
  • Price Per Square Foot: $179.69

Legal Description

  • Description: SECTION-34 TOWNSHIP-17S RANGE-38E 30.91 AC LOC NW4 TR BEG S0D3W 858 & S89D56E 1100 FROM NW COR SEC 34, TH S89D56E 600, S0D2W
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: 32.79481 / -103.1411
  • Property Class: Residential

Amenities

  • Plus Four: 9798

Ownership Info

423 W Faught St has no associated ownership info
423 W Faught St has no associated ownership info.

Taxes

423 W Faught St has 10 associated Taxes items

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.

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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

Tax History

423 W Faught St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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