Taxes
- Assessed Value: $17,201
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 132 770 001
- Assessed Land Value: 939
- Market Land Value: 2817
- Tax Amount: 410.26
- Tax Year: 2025
- Market Value: 51603
- Market Year: 2025
427 W Palace Ave; Hobbs, NM Property Details
Off market
427 W Palace Ave Hobbs, NM 88240
$17,201 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $132,000 / 100%
- APN: 4 000 132 770 001
- Situs County: Lea
Measurements
- Lot: 8,110/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 17
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: 32.684772 / -103.1411
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7633
Ownership Info
427 W Palace Ave has no associated ownership info
427 W Palace Ave has no associated ownership info.
Taxes
427 W Palace Ave has 10 associated Taxes items
427 W Palace Ave, 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 $17,201. The APN we've located for 427 W Palace Ave is 4 000 132 770 001.
Unlock the full reportTax History
427 W Palace Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $17,201 | Land Value $939 | Improvement Value $16,262 | Tax Amount $410.26 | Change Rate +0.021182% | Assessed CR | Tax Rate +0.023851% |
| Year 2024 | Assessed Value $16,700 | Land Value $912 | Improvement Value $15,788 | Tax Amount $401.75 | Change Rate +0.020266% | Assessed CR | Tax Rate +0.024057% |
| Year 2023 | Assessed Value $16,213 | Land Value $885 | Improvement Value $15,328 | Tax Amount $393.77 | Change Rate +0.047734% | Assessed CR | Tax Rate +0.024287% |
| Year 2022 | Assessed Value $16,213 | Land Value $885 | Improvement Value $15,328 | Tax Amount $375.83 | Change Rate +0.037144% | Assessed CR | Tax Rate +0.023181% |
| Year 2021 | Assessed Value $15,283 | Land Value $834 | Improvement Value $14,449 | Tax Amount $362.37 | Change Rate +0.050439% | Assessed CR | Tax Rate +0.023711% |
| Year 2020 | Assessed Value $14,838 | Land Value $810 | Improvement Value $14,028 | Tax Amount $344.97 | Change Rate +0.053054% | Assessed CR | Tax Rate +0.023249% |
| Year 2019 | Assessed Value $14,405 | Land Value $786 | Improvement Value $13,619 | Tax Amount $327.59 | Change Rate -0.195466% | Assessed CR | Tax Rate +0.022741% |
| Year 2018 | Assessed Value $13,985 | Land Value $763 | Improvement Value $13,222 | Tax Amount $407.18 | Change Rate +0.031488% | Assessed CR | Tax Rate +0.029115% |
| Year 2017 | Assessed Value $40,734 | Land Value $2,223 | Improvement Value $38,511 | Tax Amount $394.75 | Change Rate | Assessed CR | Tax Rate +0.009691% |
| Year 2016 | Assessed Value $39,546 | Land Value $2,157 | Improvement Value $37,389 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $38,394 | Land Value $2,094 | Improvement Value $36,300 | Tax Amount $284.44 | Change Rate | Assessed CR | Tax Rate +0.007408% |
| Year 2014 | Assessed Value $37,278 | Land Value $2,034 | Improvement Value $35,244 | Tax Amount | Change Rate | Assessed CR | Tax Rate |