Taxes
- Assessed Value: $31,521
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 020 670 001
- Assessed Land Value: 3527
- Market Land Value: 10581
- Tax Amount: 526.85
- Tax Year: 2025
- Market Value: 94563
- Market Year: 2025
518 E Seco 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 $31,521. The APN we've located for 518 E Seco Dr is 4 000 020 670 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $31,521 | Land Value $3,527 | Improvement Value $27,994 | Tax Amount $526.85 | Change Rate -0.216475% | Assessed CR | Tax Rate +0.016714% |
| Year 2024 | Assessed Value $30,603 | Land Value $3,424 | Improvement Value $27,179 | Tax Amount $672.41 | Change Rate +0.023642% | Assessed CR | Tax Rate +0.021972% |
| Year 2023 | Assessed Value $29,711 | Land Value $3,324 | Improvement Value $26,387 | Tax Amount $656.88 | Change Rate +0.051294% | Assessed CR | Tax Rate +0.022109% |
| Year 2022 | Assessed Value $29,711 | Land Value $3,324 | Improvement Value $26,387 | Tax Amount $624.83 | Change Rate +0.040828% | Assessed CR | Tax Rate +0.02103% |
| Year 2021 | Assessed Value $28,005 | Land Value $3,133 | Improvement Value $24,872 | Tax Amount $600.32 | Change Rate +0.015306% | Assessed CR | Tax Rate +0.021436% |
| Year 2020 | Assessed Value $28,005 | Land Value $3,133 | Improvement Value $24,872 | Tax Amount $591.27 | Change Rate +0.017431% | Assessed CR | Tax Rate +0.021113% |
| Year 2019 | Assessed Value $28,005 | Land Value $3,133 | Improvement Value $24,872 | Tax Amount $581.14 | Change Rate -0.283852% | Assessed CR | Tax Rate +0.020751% |
| Year 2018 | Assessed Value $28,005 | Land Value $3,133 | Improvement Value $24,872 | Tax Amount $811.48 | Change Rate | Assessed CR | Tax Rate +0.028976% |
| Year 2017 | Assessed Value $84,015 | Land Value $9,399 | Improvement Value $74,616 | Tax Amount $811.48 | Change Rate | Assessed CR | Tax Rate +0.009659% |
| Year 2016 | Assessed Value $84,015 | Land Value $9,399 | Improvement Value $74,616 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $84,015 | Land Value $9,399 | Improvement Value $74,616 | Tax Amount $285.52 | Change Rate | Assessed CR | Tax Rate +0.003398% |
| Year 2014 | Assessed Value $37,398 | Land Value $5,580 | Improvement Value $31,818 | Tax Amount | Change Rate | Assessed CR | Tax Rate |