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7407 N Butler Dr; Hobbs, NM Property Details

7407 N Butler Dr, Hobbs, NM is a Single Family that was built in 1991. This property is currently Financed and is not for sale. The lot size of 7407 N Butler Dr is 44,813 square feet.

Off market
7407 N Butler Dr Hobbs, NM 88242
$40,154 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1991
  • Purchase Price: $138,838
  • Open Loans / Balance: 1 / $132,756
  • Est. Equity / %: $57,244 / 30.13%
  • APN: 4 000 706 520 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 2 months

Measurements

  • Lot: 44,813/SqFt

Legal Description

  • Description: TURKMAC SUB-DIV TRACT 8 112211 BALL, THOMAS G SR ETUX PHOTO 06262017 91620 AFFTRANS OF TITLE LENTZ, PEGGY 41323-LENTZ,RICHARD
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: 32.78548 / -103.15956
  • Subdivision: Turkmac Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9006

Ownership Info

7407 N Butler Dr has no associated ownership info
7407 N Butler Dr has no associated ownership info.

Taxes

7407 N Butler Dr has 10 associated Taxes items

7407 N Butler 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 $40,154. The APN we've located for 7407 N Butler Dr is 4 000 706 520 001.

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Taxes
  • Assessed Value:  $40,154
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 706 520 001
  • Assessed Land Value:  4667
  • Market Land Value:  14001
  • Tax Amount:  929.76
  • Tax Year:  2025
  • Market Value:  120462
  • Market Year:  2025

Tax History

7407 N Butler Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,154 Land Value $4,667 Improvement Value $35,487 Tax Amount $929.76 Change Rate -0.011997% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $40,154 Land Value $4,667 Improvement Value $35,487 Tax Amount $941.05 Change Rate +0.710844% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $23,163 Land Value $3,360 Improvement Value $19,803 Tax Amount $550.05 Change Rate +0.046877% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $23,163 Land Value $3,360 Improvement Value $19,803 Tax Amount $525.42 Change Rate +0.032503% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $21,833 Land Value $3,167 Improvement Value $18,666 Tax Amount $508.88 Change Rate +0.020147% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $21,833 Land Value $3,167 Improvement Value $18,666 Tax Amount $498.83 Change Rate +0.020227% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $21,833 Land Value $3,167 Improvement Value $18,666 Tax Amount $488.94 Change Rate -0.287945% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $21,833 Land Value $3,167 Improvement Value $18,666 Tax Amount $686.66 Change Rate Assessed CR Tax Rate +0.031451%
Year 2017 Assessed Value $65,499 Land Value $9,501 Improvement Value $55,998 Tax Amount $686.66 Change Rate Assessed CR Tax Rate +0.010484%
Year 2016 Assessed Value $65,499 Land Value $9,501 Improvement Value $55,998 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $65,499 Land Value $9,501 Improvement Value $55,998 Tax Amount $487.88 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $65,499 Land Value $9,501 Improvement Value $55,998 Tax Amount Change Rate Assessed CR Tax Rate