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6720 N World Dr; Hobbs, NM Property Details

6720 N World Dr, Hobbs, NM is a Vacant Parcels W/ Imp.. This property is currently Financed and is not for sale. The lot size of 6720 N World Dr is 799,326 square feet.

Off market
6720 N World Dr Hobbs, NM 88242
$441,243 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $1,625,000
  • Open Loans / Balance: 1 / $796,048
  • APN: 4 000 434 210 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 5 months

Measurements

  • Lot: 799,326/SqFt

Legal Description

  • Description: SECTION-06 TOWNSHIP-18S RANGE-38E 18.35 AC LOC S2NW4 TR BEG S00D36E 2535.53 & S40D1222E 94.12 FROM NW COR SEC 6, TH N00D36W 6
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.77745 / -103.19406
  • Property Class: Residential

Amenities

  • Plus Four: 8809

Ownership Info

6720 N World Dr has no associated ownership info
6720 N World Dr has no associated ownership info.

Taxes

6720 N World Dr has 10 associated Taxes items

6720 N World 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 $441,243. The APN we've located for 6720 N World Dr is 4 000 434 210 001.

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Taxes
  • Assessed Value:  $441,243
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 434 210 001
  • Assessed Land Value:  75227
  • Market Land Value:  225681
  • Tax Amount:  15221.56
  • Tax Year:  2025
  • Market Value:  1323729
  • Market Year:  2025

Tax History

6720 N World Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $441,243 Land Value $75,227 Improvement Value $366,016 Tax Amount $15,221.56 Change Rate -0.000261% Assessed CR Tax Rate +0.034497%
Year 2024 Assessed Value $441,243 Land Value $75,227 Improvement Value $366,016 Tax Amount $15,225.54 Change Rate +0.004904% Assessed CR Tax Rate +0.034506%
Year 2023 Assessed Value $439,052 Land Value $73,036 Improvement Value $366,016 Tax Amount $15,151.24 Change Rate +0.016651% Assessed CR Tax Rate +0.034509%
Year 2022 Assessed Value $439,052 Land Value $73,036 Improvement Value $366,016 Tax Amount $14,903.09 Change Rate +0.004337% Assessed CR Tax Rate +0.033944%
Year 2021 Assessed Value $434,860 Land Value $68,844 Improvement Value $366,016 Tax Amount $14,838.73 Change Rate +0.022491% Assessed CR Tax Rate +0.034123%
Year 2020 Assessed Value $432,855 Land Value $66,839 Improvement Value $366,016 Tax Amount $14,512.33 Change Rate +0.044614% Assessed CR Tax Rate +0.033527%
Year 2019 Assessed Value $420,247 Land Value $64,892 Improvement Value $355,355 Tax Amount $13,892.53 Change Rate -0.148757% Assessed CR Tax Rate +0.033058%
Year 2018 Assessed Value $408,007 Land Value $63,002 Improvement Value $345,005 Tax Amount $16,320.28 Change Rate +0.004518% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $1,218,516 Land Value $183,501 Improvement Value $1,035,015 Tax Amount $16,246.88 Change Rate Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $1,218,516 Land Value $183,501 Improvement Value $1,035,015 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $1,218,516 Land Value $183,501 Improvement Value $1,035,015 Tax Amount $13,402.05 Change Rate Assessed CR Tax Rate +0.010999%
Year 2014 Assessed Value $1,218,516 Land Value $183,501 Improvement Value $1,035,015 Tax Amount Change Rate Assessed CR Tax Rate