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511 E Palace Ave; Hobbs, NM Property Details

511 E Palace Ave, Hobbs, NM is a Single Family that was built in 1989. This property is not for sale. The lot size of 511 E Palace Ave is 5,977 square feet.

Off market
1237 S Cochran St Hobbs, NM 88240
$7,114 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1989
  • Est. Equity / %: $170,000 / 100%
  • APN: 4 000 055 800 001
  • Situs County: Lea

Measurements

  • Lot: 5,977/SqFt

Legal Description

  • Description: LAUGHLIN ADD UNIT 2 BLOCK 3 LOT 6 12405-MEJORADO TERESA ETAL 8819 AFFDEATH JUAREZ,GUILLERMO L 8819 JUAREZ, MARIA DOLORES
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.68471 / -103.13021
  • Subdivision: Laughlin Add
  • Property Class: Residential

Amenities

  • Plus Four: 7302

Ownership Info

1237 S Cochran St has no associated ownership info
1237 S Cochran St has no associated ownership info.

Taxes

1237 S Cochran St has 10 associated Taxes items

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.

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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

Tax History

1237 S Cochran St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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