Taxes
- Assessed Value: $56,690
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 020 540 001
- Assessed Land Value: 5612
- Market Land Value: 16836
- Tax Amount: 1206.13
- Tax Year: 2025
- Market Value: 170070
- Market Year: 2025
508 W Cielo Dr, 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 $56,690. The APN we've located for 508 W Cielo Dr is 4 000 020 540 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $56,690 | Land Value $5,612 | Improvement Value $51,078 | Tax Amount $1,206.13 | Change Rate -0.100051% | Assessed CR | Tax Rate +0.021276% |
| Year 2024 | Assessed Value $55,039 | Land Value $5,449 | Improvement Value $49,590 | Tax Amount $1,340.22 | Change Rate +0.019838% | Assessed CR | Tax Rate +0.02435% |
| Year 2023 | Assessed Value $53,436 | Land Value $5,290 | Improvement Value $48,146 | Tax Amount $1,314.15 | Change Rate +0.047248% | Assessed CR | Tax Rate +0.024593% |
| Year 2022 | Assessed Value $53,436 | Land Value $5,290 | Improvement Value $48,146 | Tax Amount $1,254.86 | Change Rate +0.036697% | Assessed CR | Tax Rate +0.023483% |
| Year 2021 | Assessed Value $50,369 | Land Value $4,986 | Improvement Value $45,383 | Tax Amount $1,210.44 | Change Rate -0.039532% | Assessed CR | Tax Rate +0.024031% |
| Year 2020 | Assessed Value $48,902 | Land Value $4,841 | Improvement Value $44,061 | Tax Amount $1,260.26 | Change Rate +0.049307% | Assessed CR | Tax Rate +0.025771% |
| Year 2019 | Assessed Value $47,478 | Land Value $4,700 | Improvement Value $42,778 | Tax Amount $1,201.04 | Change Rate -0.147279% | Assessed CR | Tax Rate +0.025297% |
| Year 2018 | Assessed Value $46,095 | Land Value $4,563 | Improvement Value $41,532 | Tax Amount $1,408.48 | Change Rate +0.030449% | Assessed CR | Tax Rate +0.030556% |
| Year 2017 | Assessed Value $134,256 | Land Value $13,290 | Improvement Value $120,966 | Tax Amount $1,366.86 | Change Rate +0.677643% | Assessed CR | Tax Rate +0.010181% |
| Year 2016 | Assessed Value $130,347 | Land Value $12,903 | Improvement Value $117,444 | Tax Amount $814.75 | Change Rate +0.091237% | Assessed CR | Tax Rate +0.006251% |
| Year 2015 | Assessed Value $126,552 | Land Value $12,528 | Improvement Value $114,024 | Tax Amount $746.63 | Change Rate +0.039585% | Assessed CR | Tax Rate +0.0059% |
| Year 2014 | Assessed Value $122,865 | Land Value $12,162 | Improvement Value $110,703 | Tax Amount $718.2 | Change Rate | Assessed CR | Tax Rate +0.005845% |