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502 W Chance Dr; Hobbs, NM Property Details

502 W Chance Dr, Hobbs, NM is a Vacant Parcels W/ Imp.. This property is currently a cash purchase and is not for sale. The lot size of 502 W Chance Dr is 108,900 square feet.

Off market
502 W Chance Dr Hobbs, NM 88242
$99,830 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Inv. Liens: 1
  • APN: 4 000 413 190 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 5 months

Measurements

  • Lot: 108,900/SqFt

Legal Description

  • Description: SECTION-15 TOWNSHIP-18S RANGE-38E 2.50 AC LOC NW4SW4 BEG AT A POINT 1155 EAST OF THE QUARTER CORNER COMMON TO SECTIONS 15 AND
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.746605 / -103.14087
  • Property Class: Residential

Ownership Info

502 W Chance Dr has no associated ownership info
502 W Chance Dr has no associated ownership info.

Taxes

502 W Chance Dr has 10 associated Taxes items

502 W Chance 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 $99,830. The APN we've located for 502 W Chance Dr is 4 000 413 190 001.

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Taxes
  • Assessed Value:  $99,830
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 413 190 001
  • Assessed Land Value:  5000
  • Market Land Value:  15000
  • Tax Amount:  2694.35
  • Tax Year:  2025
  • Market Value:  299490
  • Market Year:  2025

Tax History

502 W Chance Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $99,830 Land Value $5,000 Improvement Value $94,830 Tax Amount $2,694.35 Change Rate +2.412989% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $33,685 Land Value $5,000 Improvement Value $28,685 Tax Amount $789.44 Change Rate -0.013114% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $33,685 Land Value $5,000 Improvement Value $28,685 Tax Amount $799.93 Change Rate +0.016365% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $33,685 Land Value $5,000 Improvement Value $28,685 Tax Amount $787.05 Change Rate +0.002445% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $33,685 Land Value $5,000 Improvement Value $28,685 Tax Amount $785.13 Change Rate +0.02014% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $33,685 Land Value $5,000 Improvement Value $28,685 Tax Amount $769.63 Change Rate +0.084628% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $33,685 Land Value $5,000 Improvement Value $28,685 Tax Amount $709.58 Change Rate -0.318072% Assessed CR Tax Rate +0.021065%
Year 2018 Assessed Value $33,685 Land Value $5,000 Improvement Value $28,685 Tax Amount $1,040.55 Change Rate Assessed CR Tax Rate +0.030891%
Year 2017 Assessed Value $101,055 Land Value $15,000 Improvement Value $86,055 Tax Amount $1,040.55 Change Rate Assessed CR Tax Rate +0.010297%
Year 2016 Assessed Value $101,055 Land Value $15,000 Improvement Value $86,055 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $101,055 Land Value $15,000 Improvement Value $86,055 Tax Amount $708.03 Change Rate Assessed CR Tax Rate +0.007006%
Year 2014 Assessed Value $101,055 Land Value $15,000 Improvement Value $86,055 Tax Amount Change Rate Assessed CR Tax Rate