Taxes
- Assessed Value: $18,633
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 200 633 001
- Tax Amount: 431.45
- Tax Year: 2025
- Market Value: 55899
- Market Year: 2025
515 W Drake 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 $18,633. The APN we've located for 515 W Drake St is 4 000 200 633 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $18,633 | Land Value | Improvement Value $18,633 | Tax Amount $431.45 | Change Rate +1.974081% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $8,109 | Land Value | Improvement Value $8,109 | Tax Amount $145.07 | Change Rate -0.019797% | Assessed CR | Tax Rate +0.01789% |
| Year 2023 | Assessed Value $8,232 | Land Value | Improvement Value $8,232 | Tax Amount $148 | Change Rate -0.544209% | Assessed CR | Tax Rate +0.017979% |
| Year 2022 | Assessed Value $8,232 | Land Value | Improvement Value $8,232 | Tax Amount $324.71 | Change Rate -0.122998% | Assessed CR | Tax Rate +0.039445% |
| Year 2021 | Assessed Value $13,931 | Land Value | Improvement Value $13,931 | Tax Amount $370.25 | Change Rate -0.006813% | Assessed CR | Tax Rate +0.026577% |
| Year 2020 | Assessed Value $13,931 | Land Value | Improvement Value $13,931 | Tax Amount $372.79 | Change Rate -0.003049% | Assessed CR | Tax Rate +0.02676% |
| Year 2019 | Assessed Value $13,931 | Land Value | Improvement Value $13,931 | Tax Amount $373.93 | Change Rate -0.30398% | Assessed CR | Tax Rate +0.026842% |
| Year 2018 | Assessed Value $13,931 | Land Value | Improvement Value $13,931 | Tax Amount $537.24 | Change Rate | Assessed CR | Tax Rate +0.038564% |
| Year 2017 | Assessed Value $41,793 | Land Value | Improvement Value $41,793 | Tax Amount $537.24 | Change Rate +0.459733% | Assessed CR | Tax Rate +0.012855% |
| Year 2015 | Assessed Value $41,793 | Land Value | Improvement Value $41,793 | Tax Amount $368.04 | Change Rate | Assessed CR | Tax Rate +0.008806% |
| Year 2014 | Assessed Value $41,793 | Land Value | Improvement Value $41,793 | Tax Amount | Change Rate | Assessed CR | Tax Rate |