$258,000
NAL Estimated Property Value10603 Elkhart Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesRange, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Tile
Exterior
Lot Size6,900 sqft
Building Information
Year Built2007
Roof Type105
Garage Spaces2
Land Information
APNR307570
Lot Number550
SubdivisionSpringfield
Land UseResidential
Legal DescriptionSPRINGFIELD L 55
Census Tract010509
Assessed Land Value$20,000
Assessed Improvement Value$223,000
Assessment Year2025
About this property
almost too many upgrades to list! New granite counter tops in kitchen, new stainless and black appliances, new facets installed on all sinks, newer carpet, new backyard shed with concrete pad, new 7 Ft. fence, new landscaping in backyard, new tile in master bathroom, wood blinds, and even a new skylight!! All rooms are large, even the utility room and office. The home is immaculate and the yard is perfect! This home is better than new and totally move in ready.
Investor Tools
$258,000
Estimated Property Value
$0Estimated Mortgage Balance
$258,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,041
$243,000
2025
$20,000
$223,000
$243,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,041
$243,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$258,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
6.7%
