Taxes
- Assessed Value: $31,937
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 411 360 001
- Assessed Land Value: 1822
- Market Land Value: 5466
- Tax Amount: 739.51
- Tax Year: 2025
- Market Value: 95811
- Market Year: 2025
525 W Drake St; Hobbs, NM Property Details
Off market
525 W Drake St Hobbs, NM 88242
$31,937 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $185,000 / 100%
- APN: 4 000 411 360 001
- Situs County: Lea
Measurements
- Lot: 42,899/SqFt
Legal Description
- Description: KNOWLES SUB-DIV UNIT 1 BLOCK 5 LOT 10
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: 32.770008 / -103.14225
- Subdivision: Knowles Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8069
Ownership Info
525 W Drake St has no associated ownership info
525 W Drake St has no associated ownership info.
Taxes
525 W Drake St has 10 associated Taxes items
525 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 $31,937. The APN we've located for 525 W Drake St is 4 000 411 360 001.
Unlock the full reportTax History
525 W Drake St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $31,937 | Land Value $1,822 | Improvement Value $30,115 | Tax Amount $739.51 | Change Rate +0.017642% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $31,007 | Land Value $1,769 | Improvement Value $29,238 | Tax Amount $726.69 | Change Rate +0.016534% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $30,103 | Land Value $1,717 | Improvement Value $28,386 | Tax Amount $714.87 | Change Rate +0.046861% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $30,103 | Land Value $1,717 | Improvement Value $28,386 | Tax Amount $682.87 | Change Rate +0.002466% | Assessed CR | Tax Rate +0.022684% |
| Year 2021 | Assessed Value $29,226 | Land Value $1,667 | Improvement Value $27,559 | Tax Amount $681.19 | Change Rate +12.927418% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $2,141 | Land Value $1,309 | Improvement Value $832 | Tax Amount $48.91 | Change Rate +0.050247% | Assessed CR | Tax Rate +0.022844% |
| Year 2019 | Assessed Value $2,079 | Land Value $1,271 | Improvement Value $808 | Tax Amount $46.57 | Change Rate -0.361004% | Assessed CR | Tax Rate +0.0224% |
| Year 2018 | Assessed Value $2,018 | Land Value $1,234 | Improvement Value $784 | Tax Amount $72.88 | Change Rate +0.030106% | Assessed CR | Tax Rate +0.036115% |
| Year 2017 | Assessed Value $5,877 | Land Value $3,594 | Improvement Value $2,283 | Tax Amount $70.75 | Change Rate | Assessed CR | Tax Rate +0.012038% |
| Year 2016 | Assessed Value $5,706 | Land Value $3,489 | Improvement Value $2,217 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $5,538 | Land Value $3,387 | Improvement Value $2,151 | Tax Amount $41.25 | Change Rate | Assessed CR | Tax Rate +0.007449% |
| Year 2014 | Assessed Value $8,664 | Land Value $6,576 | Improvement Value $2,088 | Tax Amount | Change Rate | Assessed CR | Tax Rate |