Taxes
- Assessed Value: $7,114
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 055 800 001
- Assessed Land Value: 671
- Market Land Value: 2013
- Tax Amount: 192.01
- Tax Year: 2025
- Market Value: 21342
- Market Year: 2025
511 E Palace Ave, 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 $7,114. The APN we've located for 511 E Palace Ave is 4 000 055 800 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $7,114 | Land Value $671 | Improvement Value $6,443 | Tax Amount $192.01 | Change Rate +0.017379% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $6,906 | Land Value $651 | Improvement Value $6,255 | Tax Amount $188.73 | Change Rate +0.016043% | Assessed CR | Tax Rate +0.027328% |
| Year 2023 | Assessed Value $6,705 | Land Value $632 | Improvement Value $6,073 | Tax Amount $185.75 | Change Rate +0.043246% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $6,705 | Land Value $632 | Improvement Value $6,073 | Tax Amount $178.05 | Change Rate +0.032653% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $6,320 | Land Value $596 | Improvement Value $5,724 | Tax Amount $172.42 | Change Rate +0.045794% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $6,136 | Land Value $579 | Improvement Value $5,557 | Tax Amount $164.87 | Change Rate +0.048125% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $5,957 | Land Value $562 | Improvement Value $5,395 | Tax Amount $157.3 | Change Rate -0.121131% | Assessed CR | Tax Rate +0.026406% |
| Year 2018 | Assessed Value $5,784 | Land Value $546 | Improvement Value $5,238 | Tax Amount $178.98 | Change Rate +0.030101% | Assessed CR | Tax Rate +0.030944% |
| Year 2017 | Assessed Value $16,845 | Land Value $1,590 | Improvement Value $15,255 | Tax Amount $173.75 | Change Rate | Assessed CR | Tax Rate +0.010315% |
| Year 2016 | Assessed Value $16,356 | Land Value $1,545 | Improvement Value $14,811 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $15,879 | Land Value $1,500 | Improvement Value $14,379 | Tax Amount $139.42 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $15,414 | Land Value $1,455 | Improvement Value $13,959 | Tax Amount | Change Rate | Assessed CR | Tax Rate |