Taxes
- Assessed Value: $4,259
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 116 990 001
- Assessed Land Value: 342
- Market Land Value: 1026
- Tax Amount: 114.95
- Tax Year: 2025
- Market Value: 12777
- Market Year: 2025
508 S 8th 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 $4,259. The APN we've located for 508 S 8th St is 4 000 116 990 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $4,259 | Land Value $342 | Improvement Value $3,917 | Tax Amount $114.95 | Change Rate +0.017167% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $4,135 | Land Value $332 | Improvement Value $3,803 | Tax Amount $113.01 | Change Rate +0.016368% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $4,014 | Land Value $322 | Improvement Value $3,692 | Tax Amount $111.19 | Change Rate +0.043254% | Assessed CR | Tax Rate +0.027701% |
| Year 2022 | Assessed Value $4,014 | Land Value $322 | Improvement Value $3,692 | Tax Amount $106.58 | Change Rate +0.032352% | Assessed CR | Tax Rate +0.026552% |
| Year 2021 | Assessed Value $3,784 | Land Value $304 | Improvement Value $3,480 | Tax Amount $103.24 | Change Rate +0.04568% | Assessed CR | Tax Rate +0.027283% |
| Year 2020 | Assessed Value $3,674 | Land Value $295 | Improvement Value $3,379 | Tax Amount $98.73 | Change Rate +0.0482% | Assessed CR | Tax Rate +0.026873% |
| Year 2019 | Assessed Value $3,567 | Land Value $286 | Improvement Value $3,281 | Tax Amount $94.19 | Change Rate -0.116996% | Assessed CR | Tax Rate +0.026406% |
| Year 2018 | Assessed Value $3,463 | Land Value $278 | Improvement Value $3,185 | Tax Amount $106.67 | Change Rate +0.030031% | Assessed CR | Tax Rate +0.030803% |
| Year 2017 | Assessed Value $10,086 | Land Value $810 | Improvement Value $9,276 | Tax Amount $103.56 | Change Rate | Assessed CR | Tax Rate +0.010268% |
| Year 2016 | Assessed Value $9,792 | Land Value $786 | Improvement Value $9,006 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $9,507 | Land Value $762 | Improvement Value $8,745 | Tax Amount $83.49 | Change Rate | Assessed CR | Tax Rate +0.008782% |
| Year 2014 | Assessed Value $9,231 | Land Value $741 | Improvement Value $8,490 | Tax Amount | Change Rate | Assessed CR | Tax Rate |