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507 W Lea St; Hobbs, NM Property Details

507 W Lea St, Hobbs, NM is a Single Family that was built in 1991. This property is not for sale. The lot size of 507 W Lea St is 5,262 square feet.

Off market
507 W Lea St Hobbs, NM 88240
$13,233 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1991
  • Est. Equity / %: $145,000 / 100%
  • APN: 4 000 024 750 001
  • Situs County: Lea

Measurements

  • Lot: 5,262/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 166 LOT 4
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: 32.709 / -103.14173
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5115

Ownership Info

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

Taxes

507 W Lea St has 10 associated Taxes items

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.

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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

Tax History

507 W Lea St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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