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$193,000

NAL Estimated Property Value

1028 Iola Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,476 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.5 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Lot Size4,720 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APNR102456
Lot Number2650
SubdivisionRevier Farm
Land UseResidential
Legal DescriptionREVIER FARM L 265
Census Tract000407
Assessed Land Value$13,110
Assessed Improvement Value$161,873
Assessment Year2025

Investor Tools

Property Icon
$193,000
Estimated Property Value
$114,521Estimated Mortgage Balance
$78,479Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,158 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,611
$174,983
2025
$13,110
$161,873
$174,983
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,611
$174,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Funding Corp
Unknown
$135,500
No
First
Sep 21, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,521
$78,479
40%
59%
$813/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$813/mo
+$827/mo
10.2%

City: Lubbock

1028 Iola Ave | Property Details | No Agent List