Taxes
- Assessed Value: $74,724
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 104 105
- Assessed Land Value: 10609
- Market Land Value: 31827
- Tax Amount: 1730.24
- Tax Year: 2025
- Market Value: 224172
- Market Year: 2025
721 W Cottonwood Ln; Hobbs, NM Property Details
Off market
721 W Cottonwood Ln Hobbs, NM 88242
$74,724 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $284,100
- Est. Equity / %: $244,000 / 100%
- APN: 4 981 211 104 105
- Situs County: Lea
- Length Of Ownership: 5 years, 7 months
Measurements
- Lot: 105,943/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 9 6515 LIBBA LAND LTD BK1962PG672 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 12021
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: 32.7884 / -103.14446
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8091
Ownership Info
721 W Cottonwood Ln has no associated ownership info
721 W Cottonwood Ln has no associated ownership info.
Taxes
721 W Cottonwood Ln has 10 associated Taxes items
721 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 $74,724. The APN we've located for 721 W Cottonwood Ln is 4 981 211 104 105.
Unlock the full reportTax History
721 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 $74,724 | Land Value $10,609 | Improvement Value $64,115 | Tax Amount $1,730.24 | Change Rate -0.011986% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $74,724 | Land Value $10,609 | Improvement Value $64,115 | Tax Amount $1,751.23 | Change Rate -0.013091% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $74,724 | Land Value $10,609 | Improvement Value $64,115 | Tax Amount $1,774.46 | Change Rate +0.016347% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $74,724 | Land Value $10,609 | Improvement Value $64,115 | Tax Amount $1,745.92 | Change Rate +0.141781% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $65,605 | Land Value $10,609 | Improvement Value $54,996 | Tax Amount $1,529.12 | 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 |