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508 W Lea St; Hobbs, NM Property Details

508 W Lea St, Hobbs, NM is a Vacant Parcels W/ Imp. that was built in 1965. This property is currently Financed,Bank Sale and is not for sale. Our records show that 508 W Lea St has 3 bedrooms, and 1 bathroom, and a total of 1,418 square feet. The lot size of 508 W Lea St is 9,148 square feet.

Off market
508 W Lea St Hobbs, NM 88240
$145,000 Listing Price
3 Beds
1 Baths
1,418 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1965
  • Purchase Price: $87,800
  • Open Loans / Balance: 1 / $96,991
  • Est. Equity / %: $83,009 / 46.12%
  • Inv. Liens: 2
  • APN: 4 000 015 200 001
  • Situs County: Lea
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,418/SqFt
  • Lot: 9,148/SqFt
  • Price Per Square Foot: $61.92

Legal Description

  • Description: SECTION-34 TOWNSHIP-18S RANGE-38E .21 AC LOC NW4NW4 TR BEG 80 N & 75 W OF NW COR BLK 165 HIGHLAND PARK ADD, TH N 100, W 95, S
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.70942 / -103.141426
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5116

Ownership Info

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

Taxes

508 W Lea St has 10 associated Taxes items

508 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 $27,317. The APN we've located for 508 W Lea St is 4 000 015 200 001.

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Taxes
  • Assessed Value:  $27,317
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 015 200 001
  • Assessed Land Value:  2914
  • Market Land Value:  8742
  • Tax Amount:  737.26
  • Tax Year:  2025
  • Market Value:  81951
  • Market Year:  2025

Tax History

508 W Lea St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,317 Land Value $2,914 Improvement Value $24,403 Tax Amount $737.26 Change Rate +0.017163% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $26,521 Land Value $2,829 Improvement Value $23,692 Tax Amount $724.82 Change Rate +0.016065% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $25,749 Land Value $2,747 Improvement Value $23,002 Tax Amount $713.36 Change Rate +0.043305% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $25,749 Land Value $2,747 Improvement Value $23,002 Tax Amount $683.75 Change Rate +0.002566% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $24,999 Land Value $2,667 Improvement Value $22,332 Tax Amount $682 Change Rate +0.015274% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $24,999 Land Value $2,667 Improvement Value $22,332 Tax Amount $671.74 Change Rate +0.01748% Assessed CR Tax Rate +0.026871%
Year 2019 Assessed Value $24,999 Land Value $2,667 Improvement Value $22,332 Tax Amount $660.2 Change Rate -0.149928% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $24,999 Land Value $2,667 Improvement Value $22,332 Tax Amount $776.64 Change Rate Assessed CR Tax Rate +0.031067%
Year 2017 Assessed Value $74,997 Land Value $8,001 Improvement Value $66,996 Tax Amount $776.64 Change Rate Assessed CR Tax Rate +0.010356%
Year 2016 Assessed Value $74,997 Land Value $8,001 Improvement Value $66,996 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $74,997 Land Value $8,001 Improvement Value $66,996 Tax Amount $658.49 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $74,997 Land Value $8,001 Improvement Value $66,996 Tax Amount Change Rate Assessed CR Tax Rate