Lea County Assessor / State of New Mexico
New Mexico offers property tax exemptions for qualifying veterans with service-connected disabilities and heads-of-household age 65+ with limited income. Veterans may receive up to $4,000 in valuation exemption; low-income seniors may receive up to $8,000 exemption, reducing annual property taxes.
Exemption reduces taxable home value, lowering annual property tax bill
Data last verified 2026-06-09. How we verify our data.
A grant-savvy contractor in Hobbs, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
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