Taxes
- Assessed Value: $71,336
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 104 153
- Assessed Land Value: 10609
- Market Land Value: 31827
- Tax Amount: 1651.78
- Tax Year: 2025
- Market Value: 214008
- Market Year: 2025
603 W Cottonwood Ln; Hobbs, NM Property Details
Off market
603 W Cottonwood Ln Hobbs, NM 88242
$235,000 Listing Price
4 Beds
2 Baths
2,100 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1962
- Purchase Price: $211,000
- Open Loans / Balance: 2 / $197,602
- Est. Equity / %: $70,398 / 26.27%
- APN: 4 981 211 104 153
- Situs County: Lea
- Length Of Ownership: 6 years, 4 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Measurements
- Total: 2,100/SqFt
- Lot: 101,547/SqFt
- Price Per Square Foot: $100.48
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 13 6515 LIBBA LAND LTD 1962672 11718 2141897 CAB F, SL 102 LIBBA LAND SUB-DIV PLAT 6120 REDESC
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: 32.788334 / -103.14245
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8092
Ownership Info
603 W Cottonwood Ln has no associated ownership info
603 W Cottonwood Ln has no associated ownership info.
Taxes
603 W Cottonwood Ln has 10 associated Taxes items
603 W Cottonwood Ln, 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 $71,336. The APN we've located for 603 W Cottonwood Ln is 4 981 211 104 153.
Unlock the full reportTax History
603 W Cottonwood Ln has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $71,336 | Land Value $10,609 | Improvement Value $60,727 | Tax Amount $1,651.78 | Change Rate -0.011993% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $71,336 | Land Value $10,609 | Improvement Value $60,727 | Tax Amount $1,671.83 | Change Rate -0.013099% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $71,336 | Land Value $10,609 | Improvement Value $60,727 | Tax Amount $1,694.02 | Change Rate +0.016349% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $71,336 | Land Value $10,609 | Improvement Value $60,727 | Tax Amount $1,666.77 | Change Rate +0.127041% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $63,450 | Land Value $10,609 | Improvement Value $52,841 | Tax Amount $1,478.89 | Change Rate | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $137,917 | Land Value $137,917 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $391,400 | Land Value $391,400 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |