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$195,500

106 N Troy Avenue, Unit A, Lubbock, TX, 79416

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,353 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$144.49 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesOther
Lot Size2,964 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APNR93920
Lot Number682
SubdivisionWhisperwood
Land UseResidential
Legal DescriptionWHISPERWOOD L 68-B-1
Census Tract000411
Assessed Land Value$20,000
Assessed Improvement Value$150,110
Assessment Year2025

About this property

Spacious 2-bedroom, 2-bath Whisperwood townhouse with approximately 1,400 sq. ft. and thoughtful updates throughout. The remodeled kitchen features updated cabinetry, granite countertops, stainless appliances and an improved layout that provides additional usable kitchen space. Granite countertops are also featured throughout the home. Refrigerator and washer/dryer stay. Both showers and vanities have been updated with Kohler gold fixtures, along with updated lighting throughout the home. Additional features include a fireplace, vaulted ceiling, walk-in closets, breakfast nook, dining area and a versatile bonus room. Major improvements include HVAC and roof replacement approximately six years ago. Approximately three years ago, the original Masonite siding was replaced with real wood siding, the exterior was repainted, and a new back-alley fence was installed. Additional features include a front yard sprinkler system and private patio/yard, plus access to the Whisperwood community pool and common areas. Conveniently located near Texas Tech, UMC, shopping and dining.

Investor Tools

$133,478Estimated Mortgage Balance
$34,023Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,173 /month
Positive
Cash Flow Estimate:
$391 /month

Interested in this property?

Joe Iley

Mission Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$597
$167,501
2025
$20,000
$150,110
$170,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$597
$167,501

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$135,255
No
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,478
$34,023
20%
80%
$811/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
$1,111/mo
+$59/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Lubbock

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106 N Troy Avenue, Unit A | Property Details | No Agent List