Taxes
- Assessed Value: $13,233
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 024 750 001
- Assessed Land Value: 2625
- Market Land Value: 7875
- Tax Amount: 303.18
- Tax Year: 2025
- Market Value: 39699
- Market Year: 2025
507 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 $13,233. The APN we've located for 507 W Lea St is 4 000 024 750 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $13,233 | Land Value $2,625 | Improvement Value $10,608 | Tax Amount $303.18 | Change Rate +0.022598% | Assessed CR | Tax Rate +0.022911% |
| Year 2024 | Assessed Value $12,848 | Land Value $2,549 | Improvement Value $10,299 | Tax Amount $296.48 | Change Rate +0.021781% | Assessed CR | Tax Rate +0.023076% |
| Year 2023 | Assessed Value $12,474 | Land Value $2,475 | Improvement Value $9,999 | Tax Amount $290.16 | Change Rate +0.049251% | Assessed CR | Tax Rate +0.023261% |
| Year 2022 | Assessed Value $12,474 | Land Value $2,475 | Improvement Value $9,999 | Tax Amount $276.54 | Change Rate +0.038804% | Assessed CR | Tax Rate +0.022169% |
| Year 2021 | Assessed Value $11,758 | Land Value $2,333 | Improvement Value $9,425 | Tax Amount $266.21 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.022641% |
| Year 2020 | Assessed Value $11,758 | Land Value $2,333 | Improvement Value $9,425 | Tax Amount $262.2 | Change Rate +0.017462% | Assessed CR | Tax Rate +0.0223% |
| Year 2019 | Assessed Value $11,758 | Land Value $2,333 | Improvement Value $9,425 | Tax Amount $257.7 | Change Rate -0.276266% | Assessed CR | Tax Rate +0.021917% |
| Year 2018 | Assessed Value $11,758 | Land Value $2,333 | Improvement Value $9,425 | Tax Amount $356.07 | Change Rate | Assessed CR | Tax Rate +0.030283% |
| Year 2017 | Assessed Value $35,274 | Land Value $6,999 | Improvement Value $28,275 | Tax Amount $356.07 | Change Rate | Assessed CR | Tax Rate +0.010094% |
| Year 2016 | Assessed Value $35,274 | Land Value $6,999 | Improvement Value $28,275 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $35,274 | Land Value $6,999 | Improvement Value $28,275 | Tax Amount $309.71 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $15,672 | Land Value $993 | Improvement Value $14,679 | Tax Amount | Change Rate | Assessed CR | Tax Rate |