$273,000
NAL Estimated Property Value10109 County Road 6740, Lubbock, TX, 79407
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Free-Standing Gas Range, Free-Standing Range
FlooringHardwood, Tile
Exterior
Lot Size1 acre
Building Information
Year Built1949
Roof Type105
Garage Spaces2
Land Information
APNR127097
Lot Number8650
Land UseResidential
Legal DescriptionBLK D6 SEC 5 AB 107 TR 10D ACS: 1
Census Tract010418
Assessed Land Value$18,000
Assessed Improvement Value$154,184
Assessment Year2025
About this property
Priced for QUICK SALE!! Located in Frenship ISD, this home sits on 1 Acre. Hardwood Floors, Master Suite with Bath, Gas Stove, Huge Shop in back. On Well and Septic. Great Sweat Equity Opportunity!
Investor Tools
$273,000
Estimated Property Value
$109,161Estimated Mortgage Balance
$163,839Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,490
$172,184
2025
$18,000
$154,184
$172,184
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,490
$172,184
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$138,936
Yes
First
Apr 15, 2016
May 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,161
$163,839
60%
40%
$833/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$833/mo
+$839/mo
7.3%
