Taxes
- Assessed Value: $8,940
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 070 330 001
- Assessed Land Value: 671
- Market Land Value: 2013
- Tax Amount: 241.28
- Tax Year: 2025
- Market Value: 26820
- Market Year: 2025
605 E Palace Ave; Hobbs, NM Property Details
Off market
605 E Palace Ave Hobbs, NM 88240
$8,940 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $164,000 / 100%
- APN: 4 000 070 330 001
- Situs County: Lea
Measurements
- Lot: 6,364/SqFt
Legal Description
- Description: LAUGHLIN ADD UNIT 2 BLOCK 3 LOT 9 SEE F5 FOR OLDER FOOTNOTES 61609-CAPITAL CREATIONS LLC PHOTO 111512
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68474 / -103.12981
- Subdivision: Laughlin Add
- Property Class: Residential
Amenities
- Plus Four: 7737
Ownership Info
605 E Palace Ave has no associated ownership info
605 E Palace Ave has no associated ownership info.
Taxes
605 E Palace Ave has 10 associated Taxes items
605 E Palace Ave, 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 $8,940. The APN we've located for 605 E Palace Ave is 4 000 070 330 001.
Unlock the full reportTax History
605 E Palace Ave 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 $8,940 | Land Value $671 | Improvement Value $8,269 | Tax Amount $241.28 | Change Rate +0.017201% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $8,679 | Land Value $651 | Improvement Value $8,028 | Tax Amount $237.2 | Change Rate +0.01615% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $8,426 | Land Value $632 | Improvement Value $7,794 | Tax Amount $233.43 | Change Rate +0.043216% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $8,426 | Land Value $632 | Improvement Value $7,794 | Tax Amount $223.76 | Change Rate +0.032627% | Assessed CR | Tax Rate +0.026556% |
| Year 2021 | Assessed Value $7,943 | Land Value $596 | Improvement Value $7,347 | Tax Amount $216.69 | Change Rate +0.04565% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $7,712 | Land Value $579 | Improvement Value $7,133 | Tax Amount $207.23 | Change Rate +0.048098% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $7,487 | Land Value $562 | Improvement Value $6,925 | Tax Amount $197.72 | Change Rate -0.115465% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $7,269 | Land Value $546 | Improvement Value $6,723 | Tax Amount $223.53 | Change Rate +0.030045% | Assessed CR | Tax Rate +0.030751% |
| Year 2017 | Assessed Value $21,171 | Land Value $1,590 | Improvement Value $19,581 | Tax Amount $217.01 | Change Rate | Assessed CR | Tax Rate +0.01025% |
| Year 2016 | Assessed Value $20,556 | Land Value $1,545 | Improvement Value $19,011 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $19,956 | Land Value $1,500 | Improvement Value $18,456 | Tax Amount $175.22 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $19,374 | Land Value $1,455 | Improvement Value $17,919 | Tax Amount | Change Rate | Assessed CR | Tax Rate |