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720 S Texaco Rd; Hobbs, NM Property Details

720 S Texaco Rd, Hobbs, NM is a Vacant Parcels W/ Imp. that was built in 1988. This property is currently Financed and is not for sale. The lot size of 720 S Texaco Rd is 399,881 square feet.

Off market
720 S Texaco Rd Hobbs, NM 88240
$331,193 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1988
  • Purchase Price: $2,800,000
  • APN: 4 000 064 730 001
  • Situs County: Lea
  • Length Of Ownership: 5 years, 5 months

Measurements

  • Lot: 399,881/SqFt

Legal Description

  • Description: SECTION-04 TOWNSHIP-19S RANGE-38E 9.18 AC LOC NW4NW4 TR BEG S0D13W 46.7 & S89D5540E 40 FROM NW COR SEC 4, TH S0D13W 1273.03,
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: 32.693768 / -103.16139
  • Property Class: Residential

Amenities

  • Plus Four: 8630

Ownership Info

720 S Texaco Rd has no associated ownership info
720 S Texaco Rd has no associated ownership info.

Taxes

720 S Texaco Rd has 10 associated Taxes items

720 S Texaco Rd, 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 $331,193. The APN we've located for 720 S Texaco Rd is 4 000 064 730 001.

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Taxes
  • Assessed Value:  $331,193
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 064 730 001
  • Assessed Land Value:  11629
  • Market Land Value:  34887
  • Tax Amount:  11425.18
  • Tax Year:  2025
  • Market Value:  993579
  • Market Year:  2025

Tax History

720 S Texaco Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $331,193 Land Value $11,629 Improvement Value $319,564 Tax Amount $11,425.18 Change Rate -0.000261% Assessed CR Tax Rate +0.034497%
Year 2024 Assessed Value $331,193 Land Value $11,629 Improvement Value $319,564 Tax Amount $11,428.16 Change Rate +0.154792% Assessed CR Tax Rate +0.034506%
Year 2023 Assessed Value $286,774 Land Value $11,290 Improvement Value $275,484 Tax Amount $9,896.29 Change Rate +0.042081% Assessed CR Tax Rate +0.034509%
Year 2022 Assessed Value $286,774 Land Value $11,290 Improvement Value $275,484 Tax Amount $9,496.66 Change Rate +0.034543% Assessed CR Tax Rate +0.033115%
Year 2021 Assessed Value $269,014 Land Value $10,642 Improvement Value $258,372 Tax Amount $9,179.57 Change Rate +0.018951% Assessed CR Tax Rate +0.034123%
Year 2020 Assessed Value $268,704 Land Value $10,332 Improvement Value $258,372 Tax Amount $9,008.84 Change Rate +0.044611% Assessed CR Tax Rate +0.033527%
Year 2019 Assessed Value $260,878 Land Value $10,031 Improvement Value $250,847 Tax Amount $8,624.11 Change Rate -0.119079% Assessed CR Tax Rate +0.033058%
Year 2018 Assessed Value $244,747 Land Value $9,739 Improvement Value $235,008 Tax Amount $9,789.88 Change Rate +0.001162% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $733,389 Land Value $28,365 Improvement Value $705,024 Tax Amount $9,778.52 Change Rate Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $732,564 Land Value $27,540 Improvement Value $705,024 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $766,830 Land Value $27,540 Improvement Value $739,290 Tax Amount $6,546.34 Change Rate Assessed CR Tax Rate +0.008537%
Year 2014 Assessed Value $566,271 Land Value $27,540 Improvement Value $538,731 Tax Amount Change Rate Assessed CR Tax Rate