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$218,000

NAL Estimated Property Value

1002 Justice Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,672 Sq Ft
price_per_sqft$98.68 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave
FlooringCarpet, Tile

Exterior

Lot Size5,760 sqft

Building Information

Year Built1998
Roof Type105
Garage Spaces2

Land Information

APNR47483
Lot Number870
SubdivisionWestchester Park
Land UseResidential
Legal DescriptionWESTCHESTER PARK L 87
Census Tract000407
Assessed Land Value$20,000
Assessed Improvement Value$196,715
Assessment Year2025

About this property

This custom built, one owner 3/2/2 in Frenship ISD is a rare find. The entire home has been professionally painted with a light gray that makes it light and bright. The large living room boasts ceramic wood grain tile and an extra large fireplace with a custom brick mantel. The isolated master is uniquely designed with a nook for a desk, entertainment center, or exercise machine. Little extras like custom cabinetry throughout and a gas hook up on the back porch make this home stand out. With a new roof, a beautiful tree in the front yard, and an affordable price tag, this home would be perfect for a family looking for a great floor plan in a quiet neighborhood.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$109,511Estimated Mortgage Balance
$108,489Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,347
$216,715
2025
$20,000
$196,715
$216,715
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,347
$216,715

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$125,600
No
First
Nov 19, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,511
$108,489
49%
50%
$754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$754/mo
+$886/mo
9.0%

City: Lubbock

1002 Justice Ave | Property Details | No Agent List