Taxes
- Assessed Value: $41,414
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 507 830 001
- Assessed Land Value: 956
- Market Land Value: 2868
- Tax Amount: 965.09
- Tax Year: 2025
- Market Value: 124242
- Market Year: 2025
505 W Texas St; Hobbs, NM Property Details
Off market
505 W Texas St Hobbs, NM 88240
$41,414 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Est. Equity / %: $152,000 / 100%
- Inv. Liens / Amount: 2 / $863
- APN: 4 000 507 830 001
- Situs County: Lea
- Length Of Ownership: 7 years
Measurements
- Lot: 11,652/SqFt
Legal Description
- Description: OWENS ADD UNIT 2 BLOCK C LOT 10 11 12 13
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Eunice Municipal Schools
- Lat / Lon: 32.43518 / -103.14981
- Subdivision: Owens Add
- Property Class: Residential
Ownership Info
505 W Texas St has no associated ownership info
505 W Texas St has no associated ownership info.
Taxes
505 W Texas St has 10 associated Taxes items
505 W Texas 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 $41,414. The APN we've located for 505 W Texas St is 4 000 507 830 001.
Unlock the full reportTax History
505 W Texas St 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 $41,414 | Land Value $956 | Improvement Value $40,458 | Tax Amount $965.09 | Change Rate +0.750032% | Assessed CR | Tax Rate +0.023303% |
| Year 2024 | Assessed Value $25,802 | Land Value $2,784 | Improvement Value $23,018 | Tax Amount $551.47 | Change Rate +0.013154% | Assessed CR | Tax Rate +0.021373% |
| Year 2023 | Assessed Value $25,051 | Land Value $2,703 | Improvement Value $22,348 | Tax Amount $544.31 | Change Rate +0.03767% | Assessed CR | Tax Rate +0.021728% |
| Year 2022 | Assessed Value $25,051 | Land Value $2,703 | Improvement Value $22,348 | Tax Amount $524.55 | Change Rate -0.131583% | Assessed CR | Tax Rate +0.020939% |
| Year 2021 | Assessed Value $23,612 | Land Value $2,547 | Improvement Value $21,065 | Tax Amount $604.03 | Change Rate -0.094856% | Assessed CR | Tax Rate +0.025581% |
| Year 2020 | Assessed Value $22,926 | Land Value $2,475 | Improvement Value $20,451 | Tax Amount $667.33 | Change Rate -0.040351% | Assessed CR | Tax Rate +0.029108% |
| Year 2019 | Assessed Value $20,656 | Land Value $801 | Improvement Value $19,855 | Tax Amount $695.39 | Change Rate +0.155863% | Assessed CR | Tax Rate +0.033665% |
| Year 2018 | Assessed Value $20,054 | Land Value $777 | Improvement Value $19,277 | Tax Amount $601.62 | Change Rate +0.029942% | Assessed CR | Tax Rate +0.03% |
| Year 2017 | Assessed Value $58,413 | Land Value $2,265 | Improvement Value $56,148 | Tax Amount $584.13 | Change Rate | Assessed CR | Tax Rate +0.01% |
| Year 2016 | Assessed Value $56,712 | Land Value $2,199 | Improvement Value $54,513 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $55,089 | Land Value $2,163 | Improvement Value $52,926 | Tax Amount $497.52 | Change Rate | Assessed CR | Tax Rate +0.009031% |
| Year 2014 | Assessed Value $53,511 | Land Value $2,127 | Improvement Value $51,384 | Tax Amount | Change Rate | Assessed CR | Tax Rate |