NOT LISTED FOR SALE

8311 N Cactus Ln Hobbs, NM 88242

Estimated Value: $150,595 - $222,000

-- Bed
-- Bath
-- Sq Ft
6 Acres

About This Home

This home is located at 8311 N Cactus Ln, Hobbs, NM 88242 and is currently estimated at $185,532. 8311 N Cactus Ln is a home located in Lea County with nearby schools including College Lane Elementary School, Highland Middle School, and Hobbs Freshman High School.

Range of Values:

Collateral Analytics

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History Compared to Growth

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
2024 $601 $31,646 $5,221 $26,425
2023 $587 $30,724 $5,069 $25,655
2022 $557 $30,724 $5,069 $25,655
2021 $552 $29,686 $4,778 $24,908
2020 $538 $29,547 $4,639 $24,908
2019 $508 $28,687 $4,504 $24,183
2018 $484 $27,852 $4,373 $23,479
2017 $499 $81,123 $12,738 $68,385
2016 $503 $78,759 $12,366 $66,393
2015 $435 $76,464 $12,006 $64,458
2014 -- $74,235 $11,655 $62,580
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

8311 N Cactus Ln, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 8311 N Cactus Ln, Hobbs, NM 88242 and is currently estimated at $185,532. 8311 N Cactus Ln is a home located in Lea County with nearby schools including College Lane Elementary School, Highland Middle School, and Hobbs Freshman High School.

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