Taxes
- Assessed Value: $42,153
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 008 470 001
- Assessed Land Value: 8378
- Market Land Value: 25134
- Tax Amount: 1137.67
- Tax Year: 2025
- Market Value: 126459
- Market Year: 2025
703 W Silver 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 $42,153. The APN we've located for 703 W Silver Dr is 4 000 008 470 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $42,153 | Land Value $8,378 | Improvement Value $33,775 | Tax Amount $1,137.67 | Change Rate +0.017157% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $40,925 | Land Value $8,134 | Improvement Value $32,791 | Tax Amount $1,118.48 | Change Rate +0.016098% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $39,733 | Land Value $7,897 | Improvement Value $31,836 | Tax Amount $1,100.76 | Change Rate +0.043295% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $39,733 | Land Value $7,897 | Improvement Value $31,836 | Tax Amount $1,055.08 | Change Rate +0.002556% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $38,576 | Land Value $7,667 | Improvement Value $30,909 | Tax Amount $1,052.39 | Change Rate +0.015311% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $38,576 | Land Value $7,667 | Improvement Value $30,909 | Tax Amount $1,036.52 | Change Rate +0.017453% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $38,576 | Land Value $7,667 | Improvement Value $30,909 | Tax Amount $1,018.74 | Change Rate -0.174407% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $38,576 | Land Value $7,667 | Improvement Value $30,909 | Tax Amount $1,233.95 | Change Rate | Assessed CR | Tax Rate +0.031988% |
| Year 2017 | Assessed Value $115,728 | Land Value $23,001 | Improvement Value $92,727 | Tax Amount $1,233.95 | Change Rate | Assessed CR | Tax Rate +0.010663% |
| Year 2016 | Assessed Value $115,728 | Land Value $23,001 | Improvement Value $92,727 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $115,728 | Land Value $23,001 | Improvement Value $92,727 | Tax Amount $1,016.07 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $115,728 | Land Value $23,001 | Improvement Value $92,727 | Tax Amount | Change Rate | Assessed CR | Tax Rate |