NOT LISTED FOR SALE

107 E Palace Ave Hobbs, NM 88240

Estimated Value: $91,000 - $125,069

3 Beds
1 Bath
1,064 Sq Ft
$102/Sq Ft Est. Value

About This Home

This home is located at 107 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $109,017, approximately $102 per square foot. 107 E Palace Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2026
Sold by
Ray Marr
Bought by
Jds Rental Services Llc
Current Estimated Value
$109,017

Purchase Details

Closed on
Aug 29, 2017
Sold by
Sears Gary and Srars Paula
Bought by
Lopez Gilman Trevizo and Nevarez Alma
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jds Rental Services Llc -- None Listed On Document
Lopez Gilman Trevizo -- None Available
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $572 $21,197 $2,439 $18,758
2024 $562 $20,580 $2,368 $18,212
2023 $554 $19,981 $2,299 $17,682
2022 $531 $19,981 $2,299 $17,682
2021 $514 $18,834 $2,167 $16,667
2020 $506 $18,834 $2,167 $16,667
2019 $497 $18,834 $2,167 $16,667
2018 $492 $18,834 $2,167 $16,667
2017 $270 $29,349 $2,052 $27,297
2016 $273 $28,494 $1,992 $26,502
2015 $243 $27,666 $1,935 $25,731
2014 -- $26,859 $1,878 $24,981
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

107 E Palace Ave, Hobbs, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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