Taxes
- Assessed Value: $12,262
- Assessed Year: 2025
- Assessed County: Lea
- APN: H 020 537 708 21D
- Tax Amount: 312.53
- Tax Year: 2025
- Market Value: 36786
- Market Year: 2025
505 S 1st 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 $12,262. The APN we've located for 505 S 1st St is H 020 537 708 21D.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $12,262 | Land Value | Improvement Value $12,262 | Tax Amount $312.53 | Change Rate -0.024411% | Assessed CR | Tax Rate +0.025488% |
| Year 2024 | Assessed Value $12,448 | Land Value | Improvement Value $12,448 | Tax Amount $320.35 | Change Rate -0.02774% | Assessed CR | Tax Rate +0.025735% |
| Year 2023 | Assessed Value $12,638 | Land Value | Improvement Value $12,638 | Tax Amount $329.49 | Change Rate -0.016095% | Assessed CR | Tax Rate +0.026071% |
| Year 2022 | Assessed Value $12,638 | Land Value | Improvement Value $12,638 | Tax Amount $334.88 | Change Rate +0.033931% | Assessed CR | Tax Rate +0.026498% |
| Year 2021 | Assessed Value | Land Value | Improvement Value | Tax Amount $323.89 | Change Rate +0.987787% | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value | Land Value | Improvement Value | Tax Amount $162.94 | Change Rate -0.500061% | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value | Land Value | Improvement Value | Tax Amount $325.92 | Change Rate +0.055304% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $37,368 | Land Value | Improvement Value $37,368 | Tax Amount $308.84 | Change Rate | Assessed CR | Tax Rate +0.008265% |
| Year 2014 | Assessed Value $36,279 | Land Value | Improvement Value $36,279 | Tax Amount | Change Rate | Assessed CR | Tax Rate |