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505 W Lea St; Hobbs, NM Property Details

505 W Lea St, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 505 W Lea St is 5,264 square feet.

Off market
505 W Lea St Hobbs, NM 88240
$4,936 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Est. Equity / %: $148,000 / 100%
  • APN: 4 000 021 200 001
  • Situs County: Lea

Measurements

  • Lot: 5,264/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 166 LOT 3 194-CORREA, CARLOS 1294-HERRERA, HECTOR 496-BRITO, ROSA 121312-SAENZ, RUBEN & HORTENCIA PHO
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: 32.70899 / -103.141624
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5115

Ownership Info

505 W Lea St has no associated ownership info
505 W Lea St has no associated ownership info.

Taxes

505 W Lea St has 10 associated Taxes items

505 W Lea 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 $4,936. The APN we've located for 505 W Lea St is 4 000 021 200 001.

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Taxes
  • Assessed Value:  $4,936
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 021 200 001
  • Assessed Land Value:  549
  • Market Land Value:  1647
  • Tax Amount:  133.21
  • Tax Year:  2025
  • Market Value:  14808
  • Market Year:  2025

Tax History

505 W Lea St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,936 Land Value $549 Improvement Value $4,387 Tax Amount $133.21 Change Rate +0.017103% Assessed CR Tax Rate +0.026987%
Year 2024 Assessed Value $4,792 Land Value $533 Improvement Value $4,259 Tax Amount $130.97 Change Rate +0.016138% Assessed CR Tax Rate +0.027331%
Year 2023 Assessed Value $4,652 Land Value $517 Improvement Value $4,135 Tax Amount $128.89 Change Rate +0.043306% Assessed CR Tax Rate +0.027706%
Year 2022 Assessed Value $4,652 Land Value $517 Improvement Value $4,135 Tax Amount $123.54 Change Rate +0.03277% Assessed CR Tax Rate +0.026556%
Year 2021 Assessed Value $4,385 Land Value $487 Improvement Value $3,898 Tax Amount $119.62 Change Rate +0.045812% Assessed CR Tax Rate +0.027279%
Year 2020 Assessed Value $4,257 Land Value $473 Improvement Value $3,784 Tax Amount $114.38 Change Rate +0.047916% Assessed CR Tax Rate +0.026869%
Year 2019 Assessed Value $4,133 Land Value $459 Improvement Value $3,674 Tax Amount $109.15 Change Rate -0.125751% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $4,013 Land Value $446 Improvement Value $3,567 Tax Amount $124.85 Change Rate +0.030031% Assessed CR Tax Rate +0.031111%
Year 2017 Assessed Value $11,688 Land Value $1,299 Improvement Value $10,389 Tax Amount $121.21 Change Rate Assessed CR Tax Rate +0.01037%
Year 2016 Assessed Value $11,346 Land Value $1,260 Improvement Value $10,086 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $11,016 Land Value $1,224 Improvement Value $9,792 Tax Amount $96.72 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $10,695 Land Value $1,188 Improvement Value $9,507 Tax Amount Change Rate Assessed CR Tax Rate