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725 W Iron Ave; Hobbs, NM Property Details

725 W Iron Ave, Hobbs, NM is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 725 W Iron Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,316 square feet. The lot size of 725 W Iron Ave is 6,783 square feet.

Off market
725 W Iron Ave Hobbs, NM 88240
$195,000 Listing Price
3 Beds
2 Baths
1,316 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $188,423
  • Open Loans / Balance: 1 / $184,644
  • Est. Equity / %: $5,356 / 2.82%
  • Inv. Liens: 1
  • APN: 4 000 109 020 001
  • Situs County: Lea
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,316/SqFt
  • Lot: 6,783/SqFt
  • Price Per Square Foot: $143.18

Legal Description

  • Description: NORTE VISTA ADD UNIT 6 BLOCK 26 LOT 1
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: 32.73132 / -103.14459
  • Subdivision: Norte Vista Add
  • Property Class: Residential

Amenities

  • Plus Four: 1850

HOA

  • H O A One Name: Kimball Condominium Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

725 W Iron Ave has no associated ownership info
725 W Iron Ave has no associated ownership info.

Taxes

725 W Iron Ave has 10 associated Taxes items

725 W Iron Ave, 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 $57,843. The APN we've located for 725 W Iron Ave is 4 000 109 020 001.

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Taxes
  • Assessed Value:  $57,843
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 109 020 001
  • Assessed Land Value:  9517
  • Market Land Value:  28551
  • Tax Amount:  1561.14
  • Tax Year:  2025
  • Market Value:  173529
  • Market Year:  2025

Tax History

725 W Iron Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,843 Land Value $9,517 Improvement Value $48,326 Tax Amount $1,561.14 Change Rate +0.017162% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $56,158 Land Value $9,240 Improvement Value $46,918 Tax Amount $1,534.8 Change Rate -0.013498% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $56,158 Land Value $9,240 Improvement Value $46,918 Tax Amount $1,555.8 Change Rate +0.012904% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $56,158 Land Value $9,240 Improvement Value $46,918 Tax Amount $1,535.98 Change Rate +0.396549% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $42,315 Land Value $4,700 Improvement Value $37,615 Tax Amount $1,099.84 Change Rate +0.838244% Assessed CR Tax Rate +0.025992%
Year 2020 Assessed Value $22,267 Land Value $2,887 Improvement Value $19,380 Tax Amount $598.31 Change Rate +0.04792% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $21,619 Land Value $2,803 Improvement Value $18,816 Tax Amount $570.95 Change Rate -0.074455% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $20,989 Land Value $2,721 Improvement Value $18,268 Tax Amount $616.88 Change Rate +0.031986% Assessed CR Tax Rate +0.029391%
Year 2017 Assessed Value $61,134 Land Value $7,926 Improvement Value $53,208 Tax Amount $597.76 Change Rate Assessed CR Tax Rate +0.009778%
Year 2016 Assessed Value $59,352 Land Value $7,695 Improvement Value $51,657 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $57,621 Land Value $7,470 Improvement Value $50,151 Tax Amount $400.55 Change Rate Assessed CR Tax Rate +0.006951%
Year 2014 Assessed Value $55,941 Land Value $7,251 Improvement Value $48,690 Tax Amount Change Rate Assessed CR Tax Rate