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$215,000

101 Van Buren Avenue, Lorenzo, TX, 79343

PendingInfo
Beds2 Beds
Baths2 Bath
Baths2,046 Sq Ft
price_per_sqft$105.08 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesCooktop, Dishwasher, Electric Cooktop, Microwave, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size14,113 sqft

Building Information

Year Built1950

Land Information

APNR12654
Lot Number8,9
Land UseResidential
Legal DescriptionEDGEMERE 1 LORENZO BLOCK 200 LOT 8,9 (S10)
Census Tract950300
Assessed Land Value$5,690
Assessed Improvement Value$139,940
Assessment Year2025

About this property

Step inside this beautifully updated 2-bedroom, 2-bathroom home where all the hard work has already been done for you. The bright updated interior features a fantastic layout that makes great use of every square foot. From the refreshed flooring to the updated kitchen and bathrooms, this move-in ready gem offers small-town peace with all the contemporary comforts you want. Perfect for first-time buyers, downsizers, or anyone looking for a clean, low-maintenance home. Schedule your tour today and see this turnkey property for yourself! Low taxes and convenience to Lubbock all in one!

Investor Tools

$0Estimated Mortgage Balance
$145,630Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,385
$145,630
2025
$5,690
$139,940
$145,630
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,385
$145,630

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$145,630
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lorenzo

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101 Van Buren Avenue | Property Details | No Agent List