Taxes
- Assessed Value: $93,199
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 423 940 001
- Assessed Land Value: 30625
- Market Land Value: 91875
- Tax Amount: 3215.1
- Tax Year: 2025
- Market Value: 279597
- Market Year: 2025
502 W Navajo Dr; Hobbs, NM Property Details
Off market
502 W Navajo Dr Hobbs, NM 88240
$525,000 Listing Price
1,728 SqFt
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1999
- Purchase Price: $42,500,000
- Open Loans / Balance: 1 / $3,579
- Est. Equity / %: $551,421 / 99.36%
- APN: 4 000 423 940 001
- Situs County: Lea
- Length Of Ownership: 12 years, 9 months
Measurements
- Total: 1,728/SqFt
- Lot: 13,504/SqFt
- Price Per Square Foot: $24594.91
Legal Description
- Description: SECTION-15 TOWNSHIP-18S RANGE-38E .31 AC LOC SW4 TR 1 BEG AT A POINT BEING THE SW CORNER OF THIS TRACT WHICH LIES S89D57E 115
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: 32.74062 / -103.140854
- Property Class: Residential
Amenities
- Plus Four: 9366
Ownership Info
502 W Navajo Dr has no associated ownership info
502 W Navajo Dr has no associated ownership info.
Taxes
502 W Navajo Dr has 10 associated Taxes items
502 W Navajo 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 $93,199. The APN we've located for 502 W Navajo Dr is 4 000 423 940 001.
Unlock the full reportTax History
502 W Navajo 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 $93,199 | Land Value $30,625 | Improvement Value $62,574 | Tax Amount $3,215.1 | Change Rate +0.011661% | Assessed CR | Tax Rate +0.034497% |
| Year 2024 | Assessed Value $92,101 | Land Value $30,625 | Improvement Value $61,476 | Tax Amount $3,178.04 | Change Rate +0.374656% | Assessed CR | Tax Rate +0.034506% |
| Year 2023 | Assessed Value $66,993 | Land Value $29,733 | Improvement Value $37,260 | Tax Amount $2,311.88 | Change Rate +0.042082% | Assessed CR | Tax Rate +0.034509% |
| Year 2022 | Assessed Value $66,993 | Land Value $29,733 | Improvement Value $37,260 | Tax Amount $2,218.52 | Change Rate +0.027468% | Assessed CR | Tax Rate +0.033116% |
| Year 2021 | Assessed Value $63,277 | Land Value $28,026 | Improvement Value $35,251 | Tax Amount $2,159.21 | Change Rate +0.031077% | Assessed CR | Tax Rate +0.034123% |
| Year 2020 | Assessed Value $62,461 | Land Value $27,210 | Improvement Value $35,251 | Tax Amount $2,094.13 | Change Rate +0.044631% | Assessed CR | Tax Rate +0.033527% |
| Year 2019 | Assessed Value $60,641 | Land Value $26,417 | Improvement Value $34,224 | Tax Amount $2,004.66 | Change Rate -0.13686% | Assessed CR | Tax Rate +0.033058% |
| Year 2018 | Assessed Value $58,063 | Land Value $25,648 | Improvement Value $32,415 | Tax Amount $2,322.52 | Change Rate +0.029997% | Assessed CR | Tax Rate +0.04% |
| Year 2017 | Assessed Value $169,116 | Land Value $74,703 | Improvement Value $94,413 | Tax Amount $2,254.88 | Change Rate | Assessed CR | Tax Rate +0.013333% |
| Year 2016 | Assessed Value $166,941 | Land Value $72,528 | Improvement Value $94,413 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $166,941 | Land Value $72,528 | Improvement Value $94,413 | Tax Amount $1,788.05 | Change Rate | Assessed CR | Tax Rate +0.010711% |
| Year 2014 | Assessed Value $162,285 | Land Value $72,528 | Improvement Value $89,757 | Tax Amount | Change Rate | Assessed CR | Tax Rate |