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426 E Cottonwood Ln; Hobbs, NM Property Details

426 E Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 426 E Cottonwood Ln is 95,053 square feet.

Off market
426 E Cottonwood Ln Hobbs, NM 88242
$69,667 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $265,200
  • Open Loans / Balance: 1 / $184,697
  • Est. Equity / %: $71,303 / 27.85%
  • APN: 4 981 211 101 402
  • Situs County: Lea
  • Length Of Ownership: 7 years, 7 months

Measurements

  • Lot: 95,053/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 9 SEE F5 MEMO FOR OLDER FOOTNOTES 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT REDES
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: 32.790245 / -103.13198
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8089

Ownership Info

426 E Cottonwood Ln has no associated ownership info
426 E Cottonwood Ln has no associated ownership info.

Taxes

426 E Cottonwood Ln has 10 associated Taxes items

426 E Cottonwood Ln, 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 $69,667. The APN we've located for 426 E Cottonwood Ln is 4 981 211 101 402.

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Taxes
  • Assessed Value:  $69,667
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 101 402
  • Assessed Land Value:  12299
  • Market Land Value:  36897
  • Tax Amount:  1613.15
  • Tax Year:  2025
  • Market Value:  209001
  • Market Year:  2025

Tax History

426 E Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,667 Land Value $12,299 Improvement Value $57,368 Tax Amount $1,613.15 Change Rate +0.017651% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $67,638 Land Value $11,941 Improvement Value $55,697 Tax Amount $1,585.17 Change Rate -0.007985% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $67,290 Land Value $11,593 Improvement Value $55,697 Tax Amount $1,597.93 Change Rate +0.021485% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $67,290 Land Value $11,593 Improvement Value $55,697 Tax Amount $1,564.32 Change Rate +0.00736% Assessed CR Tax Rate +0.023247%
Year 2021 Assessed Value $66,624 Land Value $10,927 Improvement Value $55,697 Tax Amount $1,552.89 Change Rate +0.025037% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $66,306 Land Value $10,609 Improvement Value $55,697 Tax Amount $1,514.96 Change Rate +0.025% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $65,997 Land Value $10,300 Improvement Value $55,697 Tax Amount $1,478.01 Change Rate Assessed CR Tax Rate +0.022395%