Taxes
- Assessed Value: $40,959
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 007 830 001
- Assessed Land Value: 5612
- Market Land Value: 16836
- Tax Amount: 1051.45
- Tax Year: 2025
- Market Value: 122877
- Market Year: 2025
516 W Silver Dr, 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 $40,959. The APN we've located for 516 W Silver Dr is 4 000 007 830 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $40,959 | Land Value $5,612 | Improvement Value $35,347 | Tax Amount $1,051.45 | Change Rate +0.018699% | Assessed CR | Tax Rate +0.025671% |
| Year 2024 | Assessed Value $39,766 | Land Value $5,449 | Improvement Value $34,317 | Tax Amount $1,032.15 | Change Rate +0.017729% | Assessed CR | Tax Rate +0.025956% |
| Year 2023 | Assessed Value $38,607 | Land Value $5,290 | Improvement Value $33,317 | Tax Amount $1,014.17 | Change Rate +0.044997% | Assessed CR | Tax Rate +0.026269% |
| Year 2022 | Assessed Value $38,607 | Land Value $5,290 | Improvement Value $33,317 | Tax Amount $970.5 | Change Rate +0.034406% | Assessed CR | Tax Rate +0.025138% |
| Year 2021 | Assessed Value $36,391 | Land Value $4,986 | Improvement Value $31,405 | Tax Amount $938.22 | Change Rate +0.047588% | Assessed CR | Tax Rate +0.025782% |
| Year 2020 | Assessed Value $35,331 | Land Value $4,841 | Improvement Value $30,490 | Tax Amount $895.6 | Change Rate +0.049855% | Assessed CR | Tax Rate +0.025349% |
| Year 2019 | Assessed Value $34,302 | Land Value $4,700 | Improvement Value $29,602 | Tax Amount $853.07 | Change Rate -0.167509% | Assessed CR | Tax Rate +0.024869% |
| Year 2018 | Assessed Value $33,303 | Land Value $4,563 | Improvement Value $28,740 | Tax Amount $1,024.72 | Change Rate +0.030605% | Assessed CR | Tax Rate +0.03077% |
| Year 2017 | Assessed Value $96,999 | Land Value $13,290 | Improvement Value $83,709 | Tax Amount $994.29 | Change Rate | Assessed CR | Tax Rate +0.010251% |
| Year 2016 | Assessed Value $94,173 | Land Value $12,903 | Improvement Value $81,270 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $91,431 | Land Value $12,528 | Improvement Value $78,903 | Tax Amount $750.09 | Change Rate | Assessed CR | Tax Rate +0.008204% |
| Year 2014 | Assessed Value $88,767 | Land Value $12,162 | Improvement Value $76,605 | Tax Amount | Change Rate | Assessed CR | Tax Rate |