$268,000
NAL Estimated Property Value10614 Colton Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Range
FlooringTile
Exterior
Lot Size6,442 sqft
Building Information
Year Built2007
Roof Type105
Garage Spaces2
Land Information
APNR307546
Lot Number310
SubdivisionSpringfield
Land UseResidential
Legal DescriptionSPRINGFIELD L 31
Census Tract010509
Assessed Land Value$20,000
Assessed Improvement Value$227,668
Assessment Year2025
About this property
Great home in Springfield built by David Rogers Homes! Spacious, open floor plan * Huge living room * Kitchen has plenty counter space, island with seating, corner sink with window, and large pantry * Hall bath is very spacious * Master bedroom is isolated with great bath * 2 Closets in master bath * Separate shower/tub in master * Utility room has storage * NO CARPET in home, great for allergies * Oversized garage with space for refrigerator * GREAT curb appeal * Cul-de-sac street!
Investor Tools
$268,000
Estimated Property Value
$167,692Estimated Mortgage Balance
$100,308Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,155
$247,668
2025
$20,000
$227,668
$247,668
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,155
$247,668
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank Mortgage
Conventional
$194,000
No
First
Jul 26, 2019
Aug 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,692
$100,308
37%
63%
$1,164/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,164/mo
+$526/mo
7.6%
