New Mexico Property Tax Exemption for Seniors and Disabled Veterans

Lea County Assessor / New Mexico Taxation & Revenue

Available Property Tax Relief

About This Program

New Mexico Property Tax Exemption for Seniors and Disabled Veterans is available to homeowners in Lovington, NM.

Property tax exemption on the first $4,000 of assessed value for New Mexico residents age 65+ or disabled veterans with income below $32,000. Reduces annual property tax bill for qualifying homeowners.

Exemption reduces assessed value by $4,000, typical tax savings around $200-400 annually

Official program page checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Lovington, NM, you can combine this program with other local help to cut your cost:

Key Details

  • $4,000 property value exemption
  • For residents age 65+ or disabled veterans
  • Income must be below $32,000
  • Apply annually by February 1
  • Reduces annual property tax bill

How to Apply

Get free help applying Visit Official Program Page Track this program

(575) 396-8621

A grant-savvy contractor in Lovington, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • Proof of military service (DD-214) and, for disability-based grants, your VA disability rating letter.
  • Proof of age (driver's license or birth certificate) if the program is age-based.
  • Documentation of disability (award letter or a physician's statement) if the program is disability-based.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Apply annually by February 1

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can New Mexico Property Tax Exemption for Seniors and Disabled Veterans provide in Lovington, NM?

Up to $4,000 property value exemption.

Who qualifies for New Mexico Property Tax Exemption for Seniors and Disabled Veterans in Lovington?

New Mexico Property Tax Exemption for Seniors and Disabled Veterans is open to homeowners in Lovington, NM. It serves seniors. It serves veterans and military families.

How do I apply for New Mexico Property Tax Exemption for Seniors and Disabled Veterans in Lovington, NM?

Apply directly with Lea County Assessor / New Mexico Taxation & Revenue using the official program link on this page or call (575) 396-8621. There is no middleman and no fee. Deadline: Apply annually by February 1.

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