$88,000
NAL Estimated Property Value112 Ave W, Lubbock, TX, 79415
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
FlooringCarpet, Hardwood
Exterior
Lot Size6,375 sqft
Building Information
Year Built1945
Roof Type105
Garage Spaces372
Land Information
APNR52184
Lot Number6
SubdivisionHarder Sub (R & Mc)
Land UseResidential
Legal DescriptionHARDER SUB BLK 43 L 6
Census Tract000202
Assessed Land Value$1,500
Assessed Improvement Value$84,186
Assessment Year2025
About this property
Great 2/1 investment property in Jackson-Mahon, just north of Marsha Sharp FWY. Schedule your showing today!
Investor Tools
$88,000
Estimated Property Value
$23,065Estimated Mortgage Balance
$64,935Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$528 /month
Positive
Cash Flow Estimate:
$176 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$66/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$346
$60,254
2025
$1,500
$84,186
$85,686
No
Tax History
Year
Tax Paid
Assessed Value
2024
$346
$60,254
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jose L Morales
Seller Carryback / Seller Financing / Seller Take-Back
$43,000
No
First
Feb 16, 2008
Jan 2023
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,065
$64,935
73%
26%
$258/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$258/mo
+$1,167/mo
19.4%
