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720 E Teague Dr; Hobbs, NM Property Details

720 E Teague Dr, Hobbs, NM is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 720 E Teague Dr is 130,680 square feet.

Off market
720 E Teague Dr Hobbs, NM 88242
$30,000 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • APN: 4 000 408 270 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 9 months

Measurements

  • Lot: 130,680/SqFt

Legal Description

  • Description: SECTION-03 TOWNSHIP-18S RANGE-38E 3.00 AC LOC NE4SE4 TR BEG N 0D4 W 1694.6 FROM SE COR OF SEC TH S 89D58 W 313.03,N 0D4 W 417
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.774555 / -103.12823
  • Property Class: Vacant

Ownership Info

720 E Teague Dr has no associated ownership info
720 E Teague Dr has no associated ownership info.

Taxes

720 E Teague Dr has 10 associated Taxes items

720 E Teague 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 $30,000. The APN we've located for 720 E Teague Dr is 4 000 408 270 001.

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Taxes
  • Assessed Value:  $30,000
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 408 270 001
  • Assessed Land Value:  30000
  • Market Land Value:  90000
  • Tax Amount:  868.26
  • Tax Year:  2025
  • Market Value:  90000
  • Market Year:  2025

Tax History

720 E Teague Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,000 Land Value $30,000 Improvement Value Tax Amount $868.26 Change Rate +12.921116% Assessed CR Tax Rate +0.028942%
Year 2024 Assessed Value $2,154 Land Value $2,154 Improvement Value Tax Amount $62.37 Change Rate +0.030228% Assessed CR Tax Rate +0.028955%
Year 2023 Assessed Value $2,091 Land Value $2,091 Improvement Value Tax Amount $60.54 Change Rate +0.044333% Assessed CR Tax Rate +0.028953%
Year 2022 Assessed Value $2,091 Land Value $2,091 Improvement Value Tax Amount $57.97 Change Rate +0.02948% Assessed CR Tax Rate +0.027724%
Year 2021 Assessed Value $1,971 Land Value $1,971 Improvement Value Tax Amount $56.31 Change Rate +0.051541% Assessed CR Tax Rate +0.028569%
Year 2020 Assessed Value $1,914 Land Value $1,914 Improvement Value Tax Amount $53.55 Change Rate +0.047945% Assessed CR Tax Rate +0.027978%
Year 2019 Assessed Value $1,858 Land Value $1,858 Improvement Value Tax Amount $51.1 Change Rate -0.291851% Assessed CR Tax Rate +0.027503%
Year 2018 Assessed Value $1,804 Land Value $1,804 Improvement Value Tax Amount $72.16 Change Rate +0.030268% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $5,253 Land Value $5,253 Improvement Value Tax Amount $70.04 Change Rate Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $5,100 Land Value $5,100 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $5,100 Land Value $5,100 Improvement Value Tax Amount $46.65 Change Rate Assessed CR Tax Rate +0.009147%
Year 2014 Assessed Value $5,100 Land Value $5,100 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate