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516 W Lea St; Hobbs, NM Property Details

516 W Lea St, Hobbs, NM is a Single Family that was built in 1983. This property is currently a cash purchase and is not for sale. The lot size of 516 W Lea St is 7,841 square feet.

Off market
516 W Lea St Hobbs, NM 88240
$31,645 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Est. Equity / %: $150,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 159 850 001
  • Situs County: Lea
  • Length Of Ownership: 3 months

Measurements

  • Lot: 7,841/SqFt

Legal Description

  • Description: SECTION-34 TOWNSHIP-18S RANGE-38E .18 AC LOC NW4NW4 TR BEG 1380 W & 80 N OF NE COR HIGHLAND PARK ADD BLK 163 TH N 100,W 80,S
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.709442 / -103.14223
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5116

Ownership Info

516 W Lea St has no associated ownership info
516 W Lea St has no associated ownership info.

Taxes

516 W Lea St has 10 associated Taxes items

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.

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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

Tax History

516 W Lea St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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