Taxes
- Assessed Value: $9,489
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 038 720 001
- Assessed Land Value: 607
- Market Land Value: 1821
- Tax Amount: 256.1
- Tax Year: 2025
- Market Value: 28467
- Market Year: 2025
505 W Midwest 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 $9,489. The APN we've located for 505 W Midwest St is 4 000 038 720 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $9,489 | Land Value $607 | Improvement Value $8,882 | Tax Amount $256.1 | Change Rate +0.017239% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $9,212 | Land Value $589 | Improvement Value $8,623 | Tax Amount $251.76 | Change Rate +0.016063% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $8,944 | Land Value $572 | Improvement Value $8,372 | Tax Amount $247.78 | Change Rate +0.043284% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $8,944 | Land Value $572 | Improvement Value $8,372 | Tax Amount $237.5 | Change Rate +0.032743% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $8,430 | Land Value $539 | Improvement Value $7,891 | Tax Amount $229.97 | Change Rate +0.045698% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $8,184 | Land Value $523 | Improvement Value $7,661 | Tax Amount $219.92 | Change Rate +0.047937% | Assessed CR | Tax Rate +0.026872% |
| Year 2019 | Assessed Value $7,946 | Land Value $508 | Improvement Value $7,438 | Tax Amount $209.86 | Change Rate -0.11208% | Assessed CR | Tax Rate +0.026411% |
| Year 2018 | Assessed Value $7,714 | Land Value $493 | Improvement Value $7,221 | Tax Amount $236.35 | Change Rate +0.007889% | Assessed CR | Tax Rate +0.030639% |
| Year 2017 | Assessed Value $22,971 | Land Value $1,437 | Improvement Value $21,534 | Tax Amount $234.5 | Change Rate | Assessed CR | Tax Rate +0.010209% |
| Year 2016 | Assessed Value $22,302 | Land Value $1,395 | Improvement Value $20,907 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $21,651 | Land Value $1,353 | Improvement Value $20,298 | Tax Amount $190.09 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $21,021 | Land Value $1,314 | Improvement Value $19,707 | Tax Amount | Change Rate | Assessed CR | Tax Rate |