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500 E Alto Dr; Hobbs, NM Property Details

500 E Alto Dr, Hobbs, NM is a Single Family that was built in 1989. This property is currently Financed,Intra-Family and is not for sale. Our records show that 500 E Alto Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,235 square feet. The lot size of 500 E Alto Dr is 13,369 square feet.

Off market
500 E Alto Dr Hobbs, NM 88240
$257,000 Listing Price
3 Beds
2 Baths
2,235 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Purchase Price: $305,200
  • Open Loans / Balance: 1 / $182,212
  • Est. Equity / %: $120,788 / 39.86%
  • Inv. Liens: 2
  • APN: 4 000 042 840 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,235/SqFt
  • Lot: 13,369/SqFt
  • Price Per Square Foot: $136.55

Legal Description

  • Description: BROADMOOR ADD UNIT 15 BLOCK 49 LOT 8 42115 RICHARDSON, WAYNE FAM TRUST 52920 RICHARDSON, WAYNE PHOTO 8420 121621 QUIROZ, ERIK
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: 32.719097 / -103.13178
  • Subdivision: Broadmoor Add
  • Property Class: Residential

Amenities

  • Plus Four: 4004

Ownership Info

500 E Alto Dr has no associated ownership info
500 E Alto Dr has no associated ownership info.

Taxes

500 E Alto Dr has 10 associated Taxes items

500 E Alto 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 $80,382. The APN we've located for 500 E Alto Dr is 4 000 042 840 001.

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Taxes
  • Assessed Value:  $80,382
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 042 840 001
  • Assessed Land Value:  8567
  • Market Land Value:  25701
  • Tax Amount:  2169.42
  • Tax Year:  2025
  • Market Value:  241146
  • Market Year:  2025

Tax History

500 E Alto Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,382 Land Value $8,567 Improvement Value $71,815 Tax Amount $2,169.42 Change Rate -0.012486% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $80,382 Land Value $8,567 Improvement Value $71,815 Tax Amount $2,196.85 Change Rate -0.01349% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $80,382 Land Value $8,567 Improvement Value $71,815 Tax Amount $2,226.89 Change Rate +0.0129% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $80,382 Land Value $8,567 Improvement Value $71,815 Tax Amount $2,198.53 Change Rate +0.083586% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $74,372 Land Value $8,133 Improvement Value $66,239 Tax Amount $2,028.94 Change Rate +0.583452% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $49,687 Land Value $5,197 Improvement Value $44,490 Tax Amount $1,281.34 Change Rate +0.049272% Assessed CR Tax Rate +0.025788%
Year 2019 Assessed Value $48,240 Land Value $5,046 Improvement Value $43,194 Tax Amount $1,221.17 Change Rate -0.148441% Assessed CR Tax Rate +0.025314%
Year 2018 Assessed Value $46,835 Land Value $4,899 Improvement Value $41,936 Tax Amount $1,434.04 Change Rate +0.030431% Assessed CR Tax Rate +0.030619%
Year 2017 Assessed Value $136,413 Land Value $14,268 Improvement Value $122,145 Tax Amount $1,391.69 Change Rate +9.282157% Assessed CR Tax Rate +0.010202%
Year 2016 Assessed Value $132,438 Land Value $13,851 Improvement Value $118,587 Tax Amount $135.35 Change Rate +0.144319% Assessed CR Tax Rate +0.001022%
Year 2015 Assessed Value $128,583 Land Value $13,449 Improvement Value $115,134 Tax Amount $118.28 Change Rate +0.083547% Assessed CR Tax Rate +0.00092%
Year 2014 Assessed Value $124,836 Land Value $13,056 Improvement Value $111,780 Tax Amount $109.16 Change Rate Assessed CR Tax Rate +0.000874%