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Updated 2025 Tax Year

De Baca County
Property Tax Guide

Everything you need to know about property taxes in De Baca County, NM. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
~0.70% base county rate plus additional district assessments, varies by location within county
1st Due
Nov 10
2nd Due
Apr 10
Exemptions
4+ Available
Section 1

How Property Tax Works

De Baca County, New Mexico operates under a property tax system that funds essential local services including schools, county operations, fire protection, and various special districts. The county's property tax rate for FY 2025 is approximately 0.70%, though this represents only the base county levy. Your actual effective tax rate will likely be higher due to additional assessments from school districts, fire districts, and other special taxing districts that serve your specific location within the county.

Property taxes in De Baca County are assessed annually based on the assessed value of real property, which is determined by the county assessor. The actual tax rate you pay depends on your property's location within the county, as different areas are served by different combinations of school districts, fire districts, and other special taxing entities. Each of these districts adds its own levy to your total property tax bill, making it essential to understand which districts serve your specific property address.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General Fund0.70%Base county operations and services
School DistrictVariesLocal school district levy (varies by district)
Fire ProtectionVariesFire district services where applicable
Special AssessmentsVariesRoad districts, conservancy districts, etc.
Total Effective Rate~0.70%+Combined rate varies by location within county

Note: These rates apply to the FY 2025 levy year. Your actual combined rate will be higher than 0.70% due to school district and special district assessments. The exact rate depends on which taxing districts serve your property location. Contact the De Baca County Assessor's office for your specific combined rate.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in De Baca County, property taxes are due in two installments:

First Installment
Nov 10
Delinquent after Dec 10
Second Installment
Apr 10
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in De Baca County are triggered when there are changes to property ownership or improvements made during the tax year. The most common triggers include property sales that result in reassessment, new construction, or significant improvements that increase the property's assessed value. These supplemental bills are calculated based on the difference between the old and new assessed values, multiplied by the applicable tax rate, and prorated for the remaining months in the tax year.

For example, if you purchase a home in De Baca County in March and the new assessment increases the taxable value by $50,000, you would receive a supplemental tax bill for the increased assessment covering April through the end of the tax year. The supplemental tax would be calculated as: ($50,000 × your total tax rate × 9/12 months remaining). This bill is separate from the regular annual property tax bill and typically arrives 4-8 weeks after the triggering event.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $300,000 (100% of market value in NM)
  • Less: Veterans Exemption (if qualified): -$4,000
  • Net Taxable Value: $296,000
  • Annual Tax (at 1.2% combined rate): $3,552
  • Monthly Escrow: $296

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Less: Homestead Credit Cap Benefit: Variable
  • Net Taxable Value: ~$595,000
  • Annual Tax (at 1.2% combined rate): $7,140
  • Monthly Escrow: $595

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Less: Available Credits: Variable
  • Net Taxable Value: ~$995,000
  • Annual Tax (at 1.2% combined rate): $11,940
  • Monthly Escrow: $995

Note: Combined rates used in examples are estimates. Actual rates vary by location within De Baca County. All credits shown require separate applications and approval.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in De Baca County require property tax escrow accounts, where you pay 1/12 of your annual property tax bill with each monthly mortgage payment. Your lender collects these funds and pays your property taxes directly to the county on your behalf. The lender will pay the first installment due November 10th and the second installment due April 10th of the following year.

Your lender will conduct an annual escrow analysis to ensure adequate funds are collected, typically adjusting your monthly payment if taxes increase or decrease. You should receive an annual escrow statement showing all deposits and payments made from your account. If you pay your mortgage off or refinance, verify that property taxes have been paid current and that you'll receive any escrow surplus. Property owners without escrow accounts are responsible for making both installment payments directly to the De Baca County Treasurer by the due dates to avoid penalties.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in De Baca County for FY 2025? A: Property taxes are payable in two installments: first installment due November 10, 2024, and second installment due April 10, 2025.

Q: What tax credits are available and do they require applications? A: Available credits include Veterans Property Tax Credit, Disabled Veterans Credit, and Head of Family Credit. All credits require separate applications filed with the county assessor and are NOT automatically applied.

Q: How does the Homestead Credit work? A: New Mexico's homestead credit limits annual assessment increases rather than reducing market value. It requires filing an application with the county assessor and must be renewed periodically. This credit caps assessment growth, not the total assessed value.

Q: When does the county assess properties? A: De Baca County conducts property assessments annually. Assessment notices are typically mailed in spring, with appeal deadlines usually in June. Contact the county assessor for specific appeal procedures and deadlines.

Q: What are the penalties for late payment? A: Late payments incur interest and penalty charges. First installment payments received after November 10th and second installment payments after April 10th will include additional fees.

Q: Can I pay property taxes online? A: Contact the De Baca County Treasurer's office directly to inquire about online payment options and accepted payment methods for current tax bills.

Q: How do special district taxes work? A: Special districts (fire, school, road districts) add their own levies to your county tax bill. Your total rate depends on which districts serve your property location. The same property tax bill includes all applicable district taxes.

Q: What if I disagree with my property assessment? A: Property owners can appeal their assessment by filing a protest with the county assessor's office, typically by a June deadline. The county board of equalization will hear formal appeals following the assessor's review.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
County Data Classificationnmlegis.gov
02
Combined CMP GRT table and schedule 202501 vF.xlsxtaoscountynm.gov
03
County
County Net Taxable Valuesnmdfa.state.nm.us
04
IMPORTANT DATEStax.newmexico.gov
05
Tax Doc
Certificates of Property Tax Ratesnmdfa.state.nm.us
06
Tax Doc
Property Tax : Individualstax.newmexico.gov
07
Tax Doc
Property Taxes in New Mexiconmlegis.gov
08
County
COUNTY OF LINCOLNlincolncountynm.gov
09
crs-1 filer's kit - Real File - NewMexico.govrealfile.tax.newmexico.gov
10
GRT - Filer's Kittax.newmexico.gov
All sources verified as of 2025 Tax Year

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