Taxes
- Assessed Value: $7,276
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 121 640 001
- Assessed Land Value: 590
- Market Land Value: 1770
- Tax Amount: 142.39
- Tax Year: 2025
- Market Value: 21828
- Market Year: 2025
505 N Morris St, 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 $7,276. The APN we've located for 505 N Morris St is 4 000 121 640 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $7,276 | Land Value $590 | Improvement Value $6,686 | Tax Amount $142.39 | Change Rate +0.028681% | Assessed CR | Tax Rate +0.01957% |
| Year 2024 | Assessed Value $7,065 | Land Value $573 | Improvement Value $6,492 | Tax Amount $138.42 | Change Rate +0.028151% | Assessed CR | Tax Rate +0.019592% |
| Year 2023 | Assessed Value $6,859 | Land Value $556 | Improvement Value $6,303 | Tax Amount $134.63 | Change Rate +0.056419% | Assessed CR | Tax Rate +0.019628% |
| Year 2022 | Assessed Value $6,859 | Land Value $556 | Improvement Value $6,303 | Tax Amount $127.44 | Change Rate +0.046305% | Assessed CR | Tax Rate +0.01858% |
| Year 2021 | Assessed Value $6,465 | Land Value $524 | Improvement Value $5,941 | Tax Amount $121.8 | Change Rate +0.059868% | Assessed CR | Tax Rate +0.01884% |
| Year 2020 | Assessed Value $6,277 | Land Value $509 | Improvement Value $5,768 | Tax Amount $114.92 | Change Rate +0.062893% | Assessed CR | Tax Rate +0.018308% |
| Year 2019 | Assessed Value $6,094 | Land Value $494 | Improvement Value $5,600 | Tax Amount $108.12 | Change Rate -0.333867% | Assessed CR | Tax Rate +0.017742% |
| Year 2018 | Assessed Value $5,917 | Land Value $480 | Improvement Value $5,437 | Tax Amount $162.31 | Change Rate -0.083046% | Assessed CR | Tax Rate +0.027431% |
| Year 2017 | Assessed Value $17,235 | Land Value $1,398 | Improvement Value $15,837 | Tax Amount $177.01 | Change Rate | Assessed CR | Tax Rate +0.01027% |
| Year 2016 | Assessed Value $16,731 | Land Value $1,356 | Improvement Value $15,375 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $16,245 | Land Value $1,317 | Improvement Value $14,928 | Tax Amount $142.64 | Change Rate | Assessed CR | Tax Rate +0.008781% |
| Year 2014 | Assessed Value $15,771 | Land Value $1,278 | Improvement Value $14,493 | Tax Amount | Change Rate | Assessed CR | Tax Rate |