Large Location Icon

723 W Woods Dr; Hobbs, NM Property Details

723 W Woods Dr, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 723 W Woods Dr is 20,038 square feet.

Off market
723 W Woods Dr Hobbs, NM 88240
$74,743 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $6,250,000
  • Open Loans / Balance: 2 / $3,908,173
  • Est. Equity / %: $-3,566,173 / -1,042.74%
  • APN: 4 000 424 700 001
  • Situs County: Lea
  • Length Of Ownership: 13 years, 1 months

Measurements

  • Lot: 20,038/SqFt

Legal Description

  • Description: SECTION-15 TOWNSHIP-18S RANGE-38E .46 AC LOC NW4 TR BEG N0D3E 2150 & S89D53E 268.46 FROM W4 COR SEC 15, TH N0D3E 165,S89D53E
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: 32.753635 / -103.14402
  • Property Class: Residential

Amenities

  • Plus Four: 9409

Ownership Info

723 W Woods Dr has no associated ownership info
723 W Woods Dr has no associated ownership info.

Taxes

723 W Woods Dr has 10 associated Taxes items

723 W Woods 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 $74,743. The APN we've located for 723 W Woods Dr is 4 000 424 700 001.

Unlock the full report
Taxes
  • Assessed Value:  $74,743
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 424 700 001
  • Assessed Land Value:  3461
  • Market Land Value:  10383
  • Tax Amount:  1730.68
  • Tax Year:  2025
  • Market Value:  224229
  • Market Year:  2025

Tax History

723 W Woods Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $74,743 Land Value $3,461 Improvement Value $71,282 Tax Amount $1,730.68 Change Rate +0.017652% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $72,566 Land Value $3,360 Improvement Value $69,206 Tax Amount $1,700.66 Change Rate +0.016527% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $70,452 Land Value $3,262 Improvement Value $67,190 Tax Amount $1,673.01 Change Rate +0.046835% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $70,452 Land Value $3,262 Improvement Value $67,190 Tax Amount $1,598.16 Change Rate +0.031091% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $66,500 Land Value $3,167 Improvement Value $63,333 Tax Amount $1,549.97 Change Rate +0.049234% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $64,655 Land Value $3,167 Improvement Value $61,488 Tax Amount $1,477.24 Change Rate +0.049288% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $62,864 Land Value $3,167 Improvement Value $59,697 Tax Amount $1,407.85 Change Rate -0.245291% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $61,125 Land Value $3,167 Improvement Value $57,958 Tax Amount $1,865.42 Change Rate +0.027904% Assessed CR Tax Rate +0.030518%
Year 2017 Assessed Value $178,311 Land Value $9,501 Improvement Value $168,810 Tax Amount $1,814.78 Change Rate +0.264805% Assessed CR Tax Rate +0.010178%
Year 2016 Assessed Value $173,394 Land Value $9,501 Improvement Value $163,893 Tax Amount $1,434.83 Change Rate +1.415091% Assessed CR Tax Rate +0.008275%
Year 2015 Assessed Value $173,394 Land Value $9,501 Improvement Value $163,893 Tax Amount $594.11 Change Rate +0.052006% Assessed CR Tax Rate +0.003426%
Year 2014 Assessed Value $79,761 Land Value $9,501 Improvement Value $70,260 Tax Amount $564.74 Change Rate Assessed CR Tax Rate +0.00708%