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816 E Rancho Rd; Hobbs, NM Property Details

816 E Rancho Rd, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 816 E Rancho Rd is 21,344 square feet.

Off market
816 E Rancho Rd Hobbs, NM 88242
$49,088 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $14,500,000
  • Open Loans / Balance: 1 / $85,328
  • Est. Equity / %: $52,672 / 38.17%
  • APN: 4 000 425 730 001
  • Situs County: Lea
  • Length Of Ownership: 15 years, 8 months

Measurements

  • Lot: 21,344/SqFt

Legal Description

  • Description: SECTION-02 TOWNSHIP-18S RANGE-38E .49 AC LOC SW4NW4 TR BEG S0D4E 1770 & S89D58E 180 FROM NW COR SEC 2, TH S89D58E 105, S0D04E
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: 32.77857 / -103.12697
  • Subdivision: Se/Nw/4 S2t18sr38e Nmpm
  • Property Class: Residential

Amenities

  • Plus Four: 0502

Ownership Info

816 E Rancho Rd has no associated ownership info
816 E Rancho Rd has no associated ownership info.

Taxes

816 E Rancho Rd has 10 associated Taxes items

816 E Rancho Rd, 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 $49,088. The APN we've located for 816 E Rancho Rd is 4 000 425 730 001.

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Taxes
  • Assessed Value:  $49,088
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 425 730 001
  • Assessed Land Value:  5602
  • Market Land Value:  16806
  • Tax Amount:  1136.63
  • Tax Year:  2025
  • Market Value:  147264
  • Market Year:  2025

Tax History

816 E Rancho Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $49,088 Land Value $5,602 Improvement Value $43,486 Tax Amount $1,136.63 Change Rate +0.017665% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $47,658 Land Value $5,439 Improvement Value $42,219 Tax Amount $1,116.9 Change Rate +0.016491% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $46,270 Land Value $5,281 Improvement Value $40,989 Tax Amount $1,098.78 Change Rate +0.046876% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $46,270 Land Value $5,281 Improvement Value $40,989 Tax Amount $1,049.58 Change Rate +0.032472% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $43,614 Land Value $4,978 Improvement Value $38,636 Tax Amount $1,016.57 Change Rate +0.050729% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $42,344 Land Value $4,833 Improvement Value $37,511 Tax Amount $967.49 Change Rate +0.020225% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $42,344 Land Value $4,833 Improvement Value $37,511 Tax Amount $948.31 Change Rate -0.280848% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $42,344 Land Value $4,833 Improvement Value $37,511 Tax Amount $1,318.65 Change Rate Assessed CR Tax Rate +0.031141%
Year 2017 Assessed Value $127,032 Land Value $14,499 Improvement Value $112,533 Tax Amount $1,318.65 Change Rate Assessed CR Tax Rate +0.01038%
Year 2016 Assessed Value $127,032 Land Value $14,499 Improvement Value $112,533 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $127,032 Land Value $14,499 Improvement Value $112,533 Tax Amount $946.22 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $127,032 Land Value $14,499 Improvement Value $112,533 Tax Amount Change Rate Assessed CR Tax Rate