$245,000
NAL Estimated Property Value10808 Detroit Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Dishwasher, Microwave, Oven, Range, Refrigerator
FlooringHardwood, Tile
Exterior
Lot Size5,150 sqft
Building Information
Year Built2005
Roof Type105
Garage Spaces2
Land Information
APNR303784
Lot Number130
SubdivisionCooper Creek
Land UseResidential
Legal DescriptionCOOPER CREEK L 13
Census Tract010511
Assessed Land Value$21,600
Assessed Improvement Value$198,948
Assessment Year2025
About this property
Excellent upscale 3-2-2 home conveniently located in central south Lubbock off Indiana Avenue. Come home and relax. Comforting color palette with real wood floors, open living and kitchen area. Updated inside and out to provide enhanced leasing experience. Wood shutters cover all windows. Low energy LED lighting in all areas. Security system installed and all lawn care is included. 1250.00 deposit and no pets. Call for showing today.
Investor Tools
$245,000
Estimated Property Value
$227,829Estimated Mortgage Balance
$17,171Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,930
$220,548
2025
$21,600
$198,948
$220,548
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,930
$220,548
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$225,834
No
First
Jul 1, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,829
$17,171
7%
93%
$1,495/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,495/mo
+$55/mo
7.6%
