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$102,000

NAL Estimated Property Value

108 Polk, Lorenzo, TX, 79343

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,436 Sq Ft
price_per_sqft$55.36 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Free-Standing Range
FlooringHardwood, Laminate, Tile, Vinyl

Exterior

Lot Size9,801 sqft

Building Information

Year Built1960

Land Information

APNR11190
Lot Number4
Land UseResidential
Legal DescriptionORIGINAL TOWN LORENZO BLOCK 9 LOT 4 - EAST SIDE
Census Tract950300
Assessed Land Value$3,110
Assessed Improvement Value$78,890
Assessment Year2025

About this property

Charming Updated Home 20 Minutes from the Heart of Lubbock. Small town living but close to Lubbock!!! Don't miss this opportunity to save TONS of Money on this MOVE In READY home. Beautiful Floors throughout, New Butcher Block Counter Tops, Fabulous Back-splash in the Kitchen, New Vanities in Both Bathrooms, Two Spacious Living Areas or use One as 4th Bedroom, Family Size Back Yard perfect for Holiday Gatherings and a Storage Shed. Perfect for a growing family or retirement. Small Town Living, Lower Taxes and Definitely Worth your time!!! Call TODAY to schedule your private showing and make sure to ask about Closing Assistance.

Investor Tools

Property Icon
$102,000
Estimated Property Value
$69,604Estimated Mortgage Balance
$32,396Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$612 /month
Positive
Cash Flow Estimate:
$204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,838
$82,000
2025
$3,110
$78,890
$82,000
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,838
$82,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Fha
$77,408
Yes
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,604
$32,396
31%
68%
$465/mo

City: Lorenzo

108 Polk | Property Details | No Agent List