Taxes
- Assessed Value: $58,257
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 006 500 001
- Assessed Land Value: 6846
- Market Land Value: 20538
- Tax Amount: 1572.31
- Tax Year: 2025
- Market Value: 174771
- Market Year: 2025
508 W Silver 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 $58,257. The APN we've located for 508 W Silver Dr is 4 000 006 500 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $58,257 | Land Value $6,846 | Improvement Value $51,411 | Tax Amount $1,572.31 | Change Rate +0.017137% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $56,561 | Land Value $6,647 | Improvement Value $49,914 | Tax Amount $1,545.82 | Change Rate +0.016111% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $54,913 | Land Value $6,453 | Improvement Value $48,460 | Tax Amount $1,521.31 | Change Rate +0.043287% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $54,913 | Land Value $6,453 | Improvement Value $48,460 | Tax Amount $1,458.19 | Change Rate +0.032625% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $51,762 | Land Value $6,083 | Improvement Value $45,679 | Tax Amount $1,412.12 | Change Rate +0.015293% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $51,762 | Land Value $6,083 | Improvement Value $45,679 | Tax Amount $1,390.85 | Change Rate +0.017462% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $51,762 | Land Value $6,083 | Improvement Value $45,679 | Tax Amount $1,366.98 | Change Rate -0.152886% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $51,762 | Land Value $6,083 | Improvement Value $45,679 | Tax Amount $1,613.69 | Change Rate | Assessed CR | Tax Rate +0.031175% |
| Year 2017 | Assessed Value $155,286 | Land Value $18,249 | Improvement Value $137,037 | Tax Amount $1,613.69 | Change Rate +0.084615% | Assessed CR | Tax Rate +0.010392% |
| Year 2016 | Assessed Value $155,286 | Land Value $18,249 | Improvement Value $137,037 | Tax Amount $1,487.8 | Change Rate +0.091242% | Assessed CR | Tax Rate +0.009581% |
| Year 2015 | Assessed Value $155,286 | Land Value $18,249 | Improvement Value $137,037 | Tax Amount $1,363.4 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $147,951 | Land Value $16,500 | Improvement Value $131,451 | Tax Amount | Change Rate | Assessed CR | Tax Rate |