Taxes
- Assessed Value: $84,517
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 808
- Assessed Land Value: 10609
- Market Land Value: 31827
- Tax Amount: 1956.98
- Tax Year: 2025
- Market Value: 253551
- Market Year: 2025
720 W Cottonwood Ln; Hobbs, NM Property Details
Off market
720 W Cottonwood Ln Hobbs, NM 88242
$262,000 Listing Price
4 Beds
2,432 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1962
- Purchase Price: $254,868
- Open Loans / Balance: 1 / $250,051
- Est. Equity / %: $27,949 / 10.05%
- APN: 4 981 211 103 808
- Situs County: Lea
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 4
Measurements
- Total: 2,432/SqFt
- Lot: 106,362/SqFt
- Price Per Square Foot: $104.80
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 1 6515 LIBBA LAND LTD 1962672 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 11620 RED
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.79029 / -103.144424
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8091
Ownership Info
720 W Cottonwood Ln has no associated ownership info
720 W Cottonwood Ln has no associated ownership info.
Taxes
720 W Cottonwood Ln has 10 associated Taxes items
720 W Cottonwood Ln, 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 $84,517. The APN we've located for 720 W Cottonwood Ln is 4 981 211 103 808.
Unlock the full reportTax History
720 W Cottonwood Ln has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $84,517 | Land Value $10,609 | Improvement Value $73,908 | Tax Amount $1,956.98 | Change Rate -0.011991% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $84,517 | Land Value $10,609 | Improvement Value $73,908 | Tax Amount $1,980.73 | Change Rate +0.28215% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $65,055 | Land Value $10,609 | Improvement Value $54,446 | Tax Amount $1,544.85 | Change Rate +0.016349% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $65,055 | Land Value $10,609 | Improvement Value $54,446 | Tax Amount $1,520 | Change Rate +0.002447% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $65,055 | Land Value $10,609 | Improvement Value $54,446 | Tax Amount $1,516.29 | Change Rate | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $137,917 | Land Value $137,917 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $391,400 | Land Value $391,400 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |