Taxes
- Assessed Value: $31,645
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 159 850 001
- Assessed Land Value: 996
- Market Land Value: 2988
- Tax Amount: 800.09
- Tax Year: 2025
- Market Value: 94935
- Market Year: 2025
516 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 $31,645. The APN we've located for 516 W Lea St is 4 000 159 850 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $31,645 | Land Value $996 | Improvement Value $30,649 | Tax Amount $800.09 | Change Rate +0.019236% | Assessed CR | Tax Rate +0.025283% |
| Year 2024 | Assessed Value $30,723 | Land Value $967 | Improvement Value $29,756 | Tax Amount $784.99 | Change Rate +0.018198% | Assessed CR | Tax Rate +0.025551% |
| Year 2023 | Assessed Value $29,828 | Land Value $939 | Improvement Value $28,889 | Tax Amount $770.96 | Change Rate +0.04554% | Assessed CR | Tax Rate +0.025847% |
| Year 2022 | Assessed Value $29,828 | Land Value $939 | Improvement Value $28,889 | Tax Amount $737.38 | Change Rate +0.034963% | Assessed CR | Tax Rate +0.024721% |
| Year 2021 | Assessed Value $28,116 | Land Value $885 | Improvement Value $27,231 | Tax Amount $712.47 | Change Rate +0.048197% | Assessed CR | Tax Rate +0.02534% |
| Year 2020 | Assessed Value $27,297 | Land Value $859 | Improvement Value $26,438 | Tax Amount $679.71 | Change Rate +0.050443% | Assessed CR | Tax Rate +0.024901% |
| Year 2019 | Assessed Value $26,502 | Land Value $834 | Improvement Value $25,668 | Tax Amount $647.07 | Change Rate -0.148592% | Assessed CR | Tax Rate +0.024416% |
| Year 2018 | Assessed Value $25,730 | Land Value $810 | Improvement Value $24,920 | Tax Amount $760 | Change Rate +0.030844% | Assessed CR | Tax Rate +0.029538% |
| Year 2017 | Assessed Value $74,940 | Land Value $2,358 | Improvement Value $72,582 | Tax Amount $737.26 | Change Rate | Assessed CR | Tax Rate +0.009838% |
| Year 2016 | Assessed Value $72,756 | Land Value $2,289 | Improvement Value $70,467 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $70,638 | Land Value $2,223 | Improvement Value $68,415 | Tax Amount $567.51 | Change Rate | Assessed CR | Tax Rate +0.008034% |
| Year 2014 | Assessed Value $68,580 | Land Value $2,157 | Improvement Value $66,423 | Tax Amount | Change Rate | Assessed CR | Tax Rate |