$93,000
NAL Estimated Property Value1110 42nd Street A&B, Lubbock, TX, 79412
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size7,656 sqft
Building Information
Year Built1960
Roof Type114
Land Information
APNR38801
Lot Number14
SubdivisionNelson Heights
Land UseResidential
Legal DescriptionNELSON HTS BLK 5 L 14
Census Tract002401
Assessed Land Value$1,160
Assessed Improvement Value$65,259
Assessment Year2025
About this property
Attention Investors! Don't miss this golden opportunity for active income! This duplex is available for individual purchase or can be bundled with three others! Currently, all are professionally managed for your peace of mind. Jump in now! Duplexes: 920 A&B 42nd St., 1106 A&B 42nd St., 1108 A&B 42nd St.
Investor Tools
$93,000
Estimated Property Value
$50,808Estimated Mortgage Balance
$42,192Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$558 /month
Positive
Cash Flow Estimate:
$186 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,145
$66,419
2025
$1,160
$65,259
$66,419
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,145
$66,419
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rothbridge Llc
Purchase Money Mortgage
$52,200
No
First
Nov 21, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,808
$42,192
45%
55%
$313/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$313/mo
+$1,359/mo
21.6%
