Carlsbad, New Mexico
Carlsbad is a Permian Basin oil, potash and nuclear-waste town whose owners of record are free to read on Eddy County's EagleWeb search: the City holds the airport and 382 in-town accounts, the hospital belongs to a Community Health Systems subsidiary, and two Las Cruces-addressed LLC families hold the largest apartment complexes, while New Mexico keeps every sale price confidential by statute.
10 buildings · 10 with an owner established · 11 sources · 5 tier B · 5 tier A · prepared 2026-11-01
Can you find out who owns it?
New Mexico keeps no public title register; ownership is read from the county assessor. The Eddy County Assessor's EagleWeb site lets anyone enter as a guest, without registering, and search by owner, business, address, parcel or legal description; each account shows the owner of record, situs, legal description, parcel size, tax area and current value. Deeds are recorded by the Eddy County Clerk. New Mexico is a non-disclosure state: buyers of residential property file a sale-price affidavit with the assessor, which the law makes a permanent confidential record, so no sale price is public.
Is ownership public?An open dataset names the owner
Cost of one title searchOwner of record free (Eddy County Assessor EagleWeb guest search); County Clerk deed-copy fees not read
Bulk ownership dataNo bulk roll download found; EagleWeb offers an 'Account Public Extract' report of any search result to guests (requested 2026-11-01; it had not finished generating after several minutes)
Sale pricesNo transaction data published
1
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Carlsbad Municipal Building (City Hall) 101 N Halagueno St |
Civic | City of Carlsbad EagleWeb lists five 'CITY OF CARLSBAD' accounts at 101 N Halagueno St (Stevens addition, Blocks 37-38, 50' x 150' lots), tax area CI_NR (Carlsbad-IN, non-residential), all exempt. The building is on account R080825: 2026 actual value $1,883,282 ($1,868,207 improvement, $15,075 land); the other four lots are land at $15,075 each. The City's own Finance page gives City Hall's address as 101 N. Halagueno. (s10) |
Government | —B |
| Eddy County Courthouse 102 N Canal St (also 123 N Canyon St) 112,000 sq ft site |
Civic | County of Eddy Account R050951, owner 'COUNTY OF EDDY', legal 'Eddy Township (Orig Carlsbad) Block 3', parcel size 112,000 SF, 2026 actual value $13,635,175 ($13,074,055 improvement, $561,120 land), exempt: the most valuable County account in the city. The County's Courthouse History page says that on 16 Nov 1891 the commissioners 'accepted a deed to all of Block 3' from the Pecos Valley Town Company, 'where the courthouse stands today, 100 North Canal Street', at no cost to the county, and that construction began in 1891 for $21,000. The County jail, 208 N Canyon St (R050957, $8,879,664), is a separate County account. (s9) |
Government | —B |
| Eddy County Administration Complex 101 W Greene St |
Civic | County of Eddy The Assessor's page gives the office address as 'Eddy County Administration Complex, 101 W Greene Street'. On EagleWeb ten 'COUNTY OF EDDY' accounts carry 101 W Greene St (Eddy Township Block 11, lots 1-19, 25' x 150'); the improvement sits on R050955, 2026 actual value $2,529,255 ($2,523,630 improvement), exempt. |
Government | —A |
| Cavern City Air Terminal (Carlsbad airport) Terminal Dr, south of the city |
Civic | City of Carlsbad Fifteen City accounts carry Terminal Dr or 'airport' in their situs or legal description. Inside the city tax area the largest are R201806 (526.75 ac, $11,472,615 exempt land - the City's most valuable account), R062971 (516 ac, $4,387,597), R201796 (96.06 ac), R093787 (91 ac, $4,288,251 incl. hangars/buildings at 1504-1505 Terminal Dr) and R062972 (9.1 ac): about 1,239 acres. Outside the limits the City also holds R051612 (120 ac, legal 'PATENT 6/485 CARLSBAD AIRPORT LAND EXEMPT') and R096753 (89.5 ac). The County separately owns Carlsbad Air Industrial Park parcels (e.g. 1502 Corrales Rd, 20 ac, $6,969,918; 5001 National Parks Hwy, 54.66 ac). |
Government | —A |
| Carlsbad Medical Center 2430 W Pierce St 564,973 sq ft site |
Institutional | Carlsbad Medical Center, LLC (Community Health Systems) 100% (consolidated, owned) EagleWeb R054169: owner 'CARLSBAD MEDICAL CENTER LLC', c/o a property-valuation service in Overland Park KS, 564,973 SF, tax area CI_NR, 2026 actual value $15,877,637 ($15,030,177 improvement, $847,460 land), taxable; estimated 2026 tax $155,436.78. Six more lots (Guadalupe Medical Center Tract F) are held as 'CARLSBAD MEDICAL CENTER, LLC'. CHS's FY2025 10-K lists Carlsbad Medical Center, Carlsbad, 99 licensed beds, acquired July 2007 (no price stated), ownership type 'Owned'; Exhibit 21 lists 'Carlsbad Medical Center, LLC (DE) d/b/a Carlsbad Medical Center'. Exhibit 21: s6; roll: s1. |
Public company | —A |
| New Mexico State University Carlsbad 1500 University Dr |
Institutional | Regents of New Mexico State University Account R065077, owner 'REGENTS OF NEW MEXICO STATE UNIV', c/o its Director of Real Estate in Las Cruces; 21.78 acres, tax area CI_NR, 2026 actual value $5,915,823 ($5,894,043 improvement), exempt. It is the only account under that owner name in Eddy County. |
Government | —A |
| Walmart Supercenter #868 2401 S Canal St |
Retail | Wal-Mart Stores East, Inc. (land) / Wal-Mart Stores East, LP (building) The roll splits the store: R071699, 22.18 acres of land, owner 'WAL-MART STORES EAST INC' (c/o Property Tax Dept, Bentonville AR), 2026 actual $483,080; R201248, 'COMM PP BLDG', owner 'WAL-MART STORES EAST LP', improvement $10,286,196; plus R096629 (2399 S Canal St) and business-personal-property account P064671 'WAL-MART STORES EAST LP #868'. Tax area CI_NR. Store number from the roll; the entities are Walmart subsidiaries by name only - no filing was opened. |
Public company | —A |
| Copperstone Apartments 1101 Callaway Dr |
Residential | Carlsbad Copperstone LLC / Carlsbad Copperstone II LLC The Carlsbad Department of Development's September 2023 Housing Report lists Copperstone, 347 units, as the city's largest apartment community (22 complexes, 1,645 units). EagleWeb: phases 1-3 (R098823, R099227, R099360; 18.12 ac) owned by 'CARLSBAD COPPERSTONE LLC' and phase 4 (R200752, 7.077 ac, $7,190,030) by 'CARLSBAD COPPERSTONE II LLC'; combined 2026 actual value about $28.04M on 25.2 acres, tax area CI_R. Both mail to 2700 Missouri Ave Ste 3, Las Cruces - the same address as the three Arrowstone LLCs. No price is public. Units/rooms: CDOD report (s7). |
Private company | —B |
| Pecos Vista Apartments 780 W Cherry Ln |
Residential | Pecos Vista Apartments LLC Account R062821: owner 'PECOS VISTA APARTMENTS LLC', 12.609 acres, tax area CI_R, 2026 actual value $19,218,996 ($18,903,771 improvement) - the most valuable single apartment account found. CDOD's 2023 Housing Report lists Pecos Vista with 204 units. Units/rooms: CDOD report (s7). |
Private company | —B |
| Trinity Hotel 201 S Canal St |
Hotel | B M B Financial LLC R060308 (Stevens Block 43 Lot 1, 25' x 150'): owner 'B M B FINANCIAL LLC', tax area CI_NR, 2026 actual value $778,689 ($765,189 improvement). The same LLC holds seven accounts, Block 43 lots 1-9 around 201 S Canal; the business account there is 'TRINITY HOTEL & SUITES', hotel and restaurant. CDOD's 2023 report lists the Trinity Hotel, 9 rooms, opened 2007. Units/rooms: CDOD report (s7). |
Private company | —B |
2
The core land
The most valuable ground in the city, and what the public record says about it.
Carlsbad's most valuable ground on the 2026 roll, from EagleWeb account pages. There is no bulk roll, so this is the highest found, not a ranking of every account. 'Actual value' is the assessor's full value; taxable is one-third.
Largest state-assessed holding in the city$81.35M - Southwestern Public Service Co
Central-assessed account C053338 in tax area Carlsbad-IN non-residential, 2026.
Highest-valued private real-property account found$19.22M - Pecos Vista Apartments
R062821, 780 W Cherry Ln, 12.609 ac; Copperstone's four phases total about $28.0M.
Hospital$15.88M - Carlsbad Medical Center
R054169, 564,973 sq ft; estimated 2026 tax $155,436.78.
Highest-valued public account$25.88M - Ocotillo Elementary School
R201010, Carlsbad Municipal Schools, exempt; the Courthouse block follows at $13.64M.
2026 tax rate, Carlsbad-IN23.664 mills residential / 28.669 non-residential
Eddy County Assessor tax-rate table (2022-2026), before special-district levies.
3
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Ownership in Carlsbad is public-sector heavy. Counted from EagleWeb owner-name searches and every account page under each name (2026 values), split by tax area (Carlsbad-IN vs outside). The City's airport alone is about 1,239 acres inside the limits. Federal land in Eddy County (BLM, Carlsbad Caverns, the WIPP site) is mostly not on the roll, so the federal figure is a floor. Exempt public property is valued far below cost.
| Name | Type | Holdings (2026) |
|---|---|---|
| City of Carlsbad 426 accounts countywide (four name spellings). Largest: airport land R201806 (526.75 ac, $11.47M), Cascades at 400-1 Cascade Ave (R080092, $7.56M), 602 W Mermod St block (R060424, 2.57 ac, $5.73M), 708 Park Dr ($4.81M), 3001 W Lea St (80 ac, $4.59M), library and museum at 101 S Halagueno (R060421, $2.20M), and City Hall. |
Government | 382 accounts in city, ~1,979 ac, $96.7M; 44 more outside (1,650 ac)A |
| County of Eddy Courthouse block ($13.64M), jail 208 N Canyon St ($8.88M), Carlsbad Air Industrial Park tracts at 1502 Corrales Rd ($6.97M, 20 ac) and 5001 National Parks Hwy ($5.93M, 54.66 ac), juvenile detention center 202 N Main St ($4.59M), 1400 Commerce Dr ($2.95M). |
Government | 80 accounts in city, 77 ac, $51.4M; 96 outside (1,144 ac, $23.9M)A |
| Carlsbad Municipal Schools Four name spellings (School District / Schools / Schools Dist 20 / School). The most valuable is Ocotillo Elementary, 2106 Captain Williams Ln (R201010, 7.915 ac, $25.88M), then 500 W Church St (5 ac, $3.50M). |
Government | 54 accounts, 129 ac, $38.7M (all in city tax area)A |
| Southwestern Public Service Co The electric utility is state-assessed: account C053338, 'summary of real estate, buildings, improvements (regulated), personal property (regulated), CWIP', carries $81,353,493 actual in tax area CI_NR. Outside the city its 19 accounts carry $606.8M. Its parcel-level accounts show no separate value. |
Public company | 31 accounts; $81.35M central-assessed in Carlsbad-INA |
| BNSF Railway Company Railroad property is assessed centrally ('RAILROAD NM ALLOCATION FACTOR', C053324, $5,965,872 in CI_NR); right-of-way parcels through the original townsite carry no separate value. |
Public company | 252 accounts countywide, 43 in city; ~$14.9M central-assessed in cityA |
| Carlsbad Irrigation District Canal and reservoir land of the Carlsbad Project, mostly in the farm belt outside the limits; values are nominal ($1.6M outside, $164K inside). |
Government | 144 accounts; 2,852 ac outside city, 37.5 ac insideA |
| United States of America Names include United States of America, '(BLM)', Postal Service and Park Service. Inside the city only the post office at 3200 San Jose Blvd (R078061, $1.56M) and two adjoining lots. Most federal land is not carried on the county roll. |
Government | 49 accounts; 13,087 ac outside city; 3 in city ($1.56M post office)A |
| Regents of New Mexico State University NMSU Carlsbad campus, 1500 University Dr. |
Government | 1 account, 21.78 ac, $5.92MA |
| State of New Mexico Mostly state trust and highway land across the county; not split by tax area (account pages not walked). In town it includes e.g. 323 S Halagueno St. |
Government | 1,141 accounts countywide under 'STATE OF NEW MEXICO…'A |
5
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
New homes in Carlsbad are built by local developers and small builders, not national ones: no D.R. Horton, LGI, Invitation Homes, American Homes 4 Rent or Progress Residential account turned up. CDOD's 2023 Housing Report counts 33 homes in Cielo Lindo phase 2A, 221 lots in Oasis phases 1-2 (290 at completion), 64 lots in Martin Farms phase 4 and a planned 310 lots at Carlston Ranch. City residential building permits ran 36-68 a month in Jan-Jul 2023. Counts below are EagleWeb accounts in the owner's name (lots held), Eddy County-wide.
| Name | Type | Accounts on 2026 roll |
|---|---|---|
| Oasis subdivision developer (corporation; registered name is an individual's full name, withheld) Holds 45 of 292 accounts in Oasis phases 1-3 (city subdivision codes); all 71 accounts are in Carlsbad. |
Developer | 71 accountsA |
| Corrales Construction LLC 55 of the 56 are in Carlsbad, including 2 in Cielo Lindo. |
Private company | 56 accountsA |
| Mesa Verde Estates at Carlston Ranch LLC Carlston Ranch is the 310-lot development south of Derrick Rd that CDOD described in 2023. (CDOD 2023 report, s7.) |
Developer | 22 accountsA |
| Noah Homes LLC Includes 3 in Southridge. |
Private company | 15 accountsA |
| Giddy Up LLC Southridge lots. |
Private company | 10 accountsA |
| Cielo Lindo Partnership Unsold Cielo Lindo lots (73 accounts in the subdivision). |
Developer | 7 accountsA |
6
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Carlsbad's largest private holdings are apartment complexes and oilfield worker lodges built for the Permian boom; there are no office towers or REIT-owned malls. CDOD's 2023 Housing Report counts 22 apartment complexes (1,645 units), 32 hotels (2,240 rooms), 2,405 RV spaces and 2,758 man-camp rooms (some in Loving). Values are 2026 EagleWeb actual values.
| Name | Type | Holding (2026 roll) |
|---|---|---|
| Carlsbad Copperstone LLC / Copperstone II LLC Copperstone Apartments, 1101 Callaway Dr. Mailing address 2700 Missouri Ave Ste 3, Las Cruces, shared with the Arrowstone LLCs. Units/rooms: CDOD 2023 report (s7). |
Private company | 4 accounts, 25.2 ac, ~$28.0M; 347 unitsB |
| Pecos Vista Apartments LLC 780 W Cherry Ln. Units/rooms: CDOD 2023 report (s7). |
Private company | 12.6 ac, $19.2M; 204 unitsB |
| Arrowstone LLC / Arrowstone II LLC / Arrowstone III LLC 806 Hidalgo Rd (R202219 $7.72M, R202221 $9.19M, R202218 land). CDOD reported 132 units pre-leasing in Feb 2021 and a 100-unit phase 2 under way in 2023. Units/rooms: CDOD 2023 report (s7). |
Private company | 3 accounts, 18.2 ac, ~$16.9M; 132 units + 100 in phase 2B |
| Carlsbad Apartments I LLC Cavern City Apartments, 301 W Chapman Rd (R204565); mails to Rockwall, Texas. CDOD 2023: phase 2 beginning. Units/rooms: CDOD 2023 report (s7). |
Private company | 262,231 sq ft, $11.8M; 120 unitsB |
| 3821 Village Apartments LLC The Villages at Carlsbad, 3821 National Parks Hwy (R098900); mails to Eagle, Idaho. Units/rooms: CDOD 2023 report (s7). |
Private company | 9.15 ac, $9.76M; 144 unitsB |
| RMI Properties LLC Iron Horse Dr / Energy Ave / 127 Carlgo St (R067571, R067572). CDOD lists Carlsbad Lodge - Target (606 rooms, 4018 Iron Horse Rd) and Ironhorse Man Ranch (270, 127 Carlgo St) at these addresses. The lodge operator and the landowner are different entities. Units/rooms: CDOD 2023 report (s7). |
Private company | 2 accounts, 42.4 ac, $4.42MB |
| Dark Canyon Properties LLC 3401 Boyd Dr (R202711), site of Seven Rivers Lodge - Target (660 rooms, CDOD); the worker-lodge equipment is a separate business account in the operator's name ('Target Logistics Management', temporary worker lodge). Units/rooms: CDOD 2023 report (s7). |
Private company | 30.25 ac, $263K (land-heavy)B |
?
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- No ranking of all accounts: EagleWeb has no bulk download, and the guest 'Account Public Extract' report never finished generating.
- Principal-taxpayer table from the City's audit (FY2025 on Google Drive; State Auditor copy unreachable) not read.
- Carlsbad High School's account was not identified among the 54 school-district accounts.
- WIPP (26 miles east), Carlsbad Caverns National Park and the Intrepid Potash and Mosaic mines lie outside the city and are not marquee here; Intrepid Potash New Mexico LLC has 26 accounts countywide.
- That Southwestern Public Service Co belongs to Xcel Energy, and that the Wal-Mart Stores East entities belong to Walmart Inc., was not checked against a filing.
- No sale prices: residential sale affidavits are confidential (NMSA 7-38-12.1), and County Clerk deeds were not searched.
§
Sources
- Eddy County Assessor EagleWeb public property search (guest access; account pages show owner, situs, legal, parcel size, tax area, 2026 actual and taxable value) — Eddy County Assessor's Office (Tyler Technologies EagleWeb 2025.1) · openA
- County Assessor page (EagleWeb link, 2022-2026 tax rates by district, Real Property Transfer Affidavit form, data disclaimer) — Eddy County, New Mexico · openA
- Attorney General opinion, 8 Oct 2008: Confidentiality of Affidavit Required under NMSA 1978, Section 7-38-12.1 ('a permanent, confidential record'; not a 'valuation record') — New Mexico Attorney General, via NMOneSource · openA
- Real Property Transfer Declaration Affidavit form (Eddy County), 'Pursuant to Section 7-38-12.1 and 7-38-12.2 NMSA' — Eddy County Assessor · openA
- Community Health Systems, Inc. Form 10-K for FY2025 (hospital table: Carlsbad Medical Center, 99 licensed beds, acquired July 2007, Owned) — SEC EDGAR · openA
- CHS FY2025 10-K Exhibit 21, subsidiaries ('Carlsbad Medical Center, LLC (DE) d/b/a Carlsbad Medical Center') — SEC EDGAR · openA
- Carlsbad Housing Report, September 30, 2023 (apartments with units and addresses, hotels, RV parks, man camps, development updates) — Carlsbad Department of Development · openA
- New Housing Options in Carlsbad, New Mexico (11 Feb 2021; Arrowstone, 132 apartments) — Carlsbad Department of Development · openA
- Courthouse History (Block 3 deeded by the Pecos Valley Town Company, 16 Nov 1891) — Eddy County, New Mexico · openA
- Finance Department page (City Hall at 101 N. Halagueno; audits FY16-FY25 posted as Google Drive files) — City of Carlsbad, NM · openA
- Local Government Dashboard: Eddy County & City of Carlsbad (June 2024) — New Mexico Legislative Finance Committee · openA