Notice

Effective August 26th, 2025- The Assessor's office will no longer be able to process Tax Releases after 3:30 p.m.

NOTICE OF VALUE – MAILED APRIL 1ST, 2026.

On April 1st each year, the Torrance County Assessor’s Office distributes a NOTICE OF VALUE to all property owners and taxpayers within the County. Please note that the 2026 Notice of Values will be issued on April 1st, in accordance with House Bill 47. This legislation permits an increase in the Veteran's Exemption from the previous $4,000 to $10,000.

Please be advised that this notice IS NOT A BILL. It contains vital information regarding your property, including your Full Assessed Value, Taxable Value, and Net Taxable Value, which are the basis for your property taxes. Tax bills are issued separately by the Torrance County Treasurer’s Office in November each year.

We encourage you to review all information provided on the notice for accuracy and ensure you are receiving all applicable tax benefits, such as the Head of Family exemption, exemptions for those aged 65 and older or disabled at any age, Valuation Freeze, Veteran Exemption, and 100% Disabled Veteran Exemption

Mission Statement:

The County Assessor's Office primary responsibility is to determine "fair market value". We do not create value. Buyers and sellers create value by their transactions in the marketplace.

The County Assessor's Office values property (which includes real property; manufactured homes; commercial property; livestock; and business personal property) in order to fund the cost of local government (Torrance County, the Town of Estancia, Mountainair, Willard, Encino and the City of Moriarty), the public school districts (Estancia, Moriarty-Edgewood and Mountainair), emergency services (sheriff, fire departments and ambulance), and special taxing districts (East Torrance, Claunch Pinto, Carrizozo and Edgewood Soil and Water Conservation Districts).

What We Do:

Accept & process reports from property owners.

List and identify location of property.
Collect, analyze and interpret market and cost trends.
We DO NOT tax your property, but value it for property tax purposes.
Value property in conformance with professional standards of the International Association of Assessing Officers and the laws of the State of New Mexico.
Apply state laws that exempt certain properties and also allow for lower values for long term residential property owners.
Report to the property owner the value of their property through the Notice of Value in April annually.
Defend the value placed on the property at the Valuation Protest Board.
Please remember the assessor's office cannot perform title searches; you need to contact a local title company to perform a title search of your property.
Assessor Critical Date Calendar - Click HERE

Online Mapping Data - Map:

The data on this website is provided 'as is' without warranty of accuracy, timeliness or completeness. The burden for determining appropriateness for use rests solely on the user. Torrance County, NM make no warranties of merchantability or fitness. The data is in a constant state of maintenance, correction and revision. The maps and associated data at this website do not represent a survey. No liability is assumed for this data. To view web map click here.

Assessor's Calendar:

Events for the Month of Mar 2026

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Emergency Preparedness and Evacuation Workshop

See Full Calendar Here

Did you know?

The Office of the Torrance County Assessor mails over 34,000 Notices of Value each year, and receives approximately 3,000 of those as returned mail due to incorrect addressing. We strongly urge you to verify your contact information with our office.

Verifying this may assist you in avoiding any late fees you may incur from the Treasurer's Office Tax Bill mail out.

Please fill out a “Change of Address Form” found below in the Department Downloads Forms section of our website.

Example Of Calculating Applicable Tax:

The Estimated Property Tax Levy is calculated using the stated price and estimates of the applicable tax rates. The County Assessor is required by law to value the property at its current and correct value, which may differ from the listed price. Further the estimated tax rates may be higher or lower than those that will actually be imposed. Accordingly, the actual Property Tax levied may be higher or lower than the estimated amount. New Mexico law requires your real estate Broker or agent to provide you an Estimate Property Tax Levy on the Property on which you have submitted or intend to submit an Offer to Purchase. Torrance County Assessor having complied with these disclosure requirements shall be immune from liability arising from suit relating to the Estimated Property Tax Levy.

Full Value Of Property	Total Assessed Value	$ 100,000
Calculate Taxable Value	Total Assessed Value divided 3 $ 100,000 divided 3	$ 33,333
Subtract Exemptions	Head of Family = $ 2,000 Veterans Exemption = $ 4,000 $2,000 + $4,000 = $ 6,000	- $ 6,000
Net Taxable Value		$ 27,333
Calculate Total Taxes Owed	Net Taxable Value x Mil Rate $ 27,333 x 0.026507	$ 724.52