Taxes
- Assessed Value: $175,634
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 420 970 001
- Assessed Land Value: 9935
- Market Land Value: 29805
- Tax Amount: 4862.13
- Tax Year: 2025
- Market Value: 526902
- Market Year: 2025
500 W Spears Dr; Hobbs, NM Property Details
Off market
500 W Spears Dr Hobbs, NM 88240
$175,634 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1987
- APN: 4 000 420 970 001
- Situs County: Lea
Measurements
- Lot: 87,120/SqFt
Legal Description
- Description: SECTION-22 TOWNSHIP-18S RANGE-38E 2.00 AC LOC NW4 TR BEG E 1155.40 & S0D041E 550 FROM NW COR SEC 22, TH S89D5919W 318.41, S0D
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: 32.73825 / -103.14151
- Property Class: Residential
Amenities
- Plus Four: 1252
Ownership Info
500 W Spears Dr has no associated ownership info
500 W Spears Dr has no associated ownership info.
Taxes
500 W Spears Dr has 10 associated Taxes items
500 W Spears 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 $175,634. The APN we've located for 500 W Spears Dr is 4 000 420 970 001.
Unlock the full reportTax History
500 W Spears Dr 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 $175,634 | Land Value $9,935 | Improvement Value $165,699 | Tax Amount $4,862.13 | Change Rate +0.015109% | Assessed CR | Tax Rate +0.027683% |
| Year 2024 | Assessed Value $170,992 | Land Value $9,646 | Improvement Value $161,346 | Tax Amount $4,789.76 | Change Rate +0.014178% | Assessed CR | Tax Rate +0.028012% |
| Year 2023 | Assessed Value $166,484 | Land Value $9,365 | Improvement Value $157,119 | Tax Amount $4,722.8 | Change Rate +0.039449% | Assessed CR | Tax Rate +0.028368% |
| Year 2022 | Assessed Value $166,484 | Land Value $9,365 | Improvement Value $157,119 | Tax Amount $4,543.56 | Change Rate +0.014833% | Assessed CR | Tax Rate +0.027291% |
| Year 2021 | Assessed Value $160,039 | Land Value $8,827 | Improvement Value $151,212 | Tax Amount $4,477.15 | Change Rate +0.02818% | Assessed CR | Tax Rate +0.027975% |
| Year 2020 | Assessed Value $158,032 | Land Value $8,570 | Improvement Value $149,462 | Tax Amount $4,354.44 | Change Rate +0.029423% | Assessed CR | Tax Rate +0.027554% |
| Year 2019 | Assessed Value $156,083 | Land Value $8,320 | Improvement Value $147,763 | Tax Amount $4,229.98 | Change Rate -0.085554% | Assessed CR | Tax Rate +0.027101% |
| Year 2018 | Assessed Value $154,191 | Land Value $8,078 | Improvement Value $146,113 | Tax Amount $4,625.73 | Change Rate +0.012057% | Assessed CR | Tax Rate +0.03% |
| Year 2017 | Assessed Value $457,062 | Land Value $23,529 | Improvement Value $433,533 | Tax Amount $4,570.62 | Change Rate | Assessed CR | Tax Rate +0.01% |
| Year 2016 | Assessed Value $451,713 | Land Value $22,845 | Improvement Value $428,868 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $446,517 | Land Value $22,179 | Improvement Value $424,338 | Tax Amount $4,028.52 | Change Rate | Assessed CR | Tax Rate +0.009022% |
| Year 2014 | Assessed Value $441,474 | Land Value $21,534 | Improvement Value $419,940 | Tax Amount | Change Rate | Assessed CR | Tax Rate |