Last 24 Hours
$135,000
113 36th St, Lubbock, TX, 79404
$159,985 ARV
On Market
3 Beds
1 Bath
1,500 Sq Ft
Duplex
$90 / sqft
Built in 2018Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingExterior
Lot Size5,606 sqft
Building Information
Year Built2018
Roof Type105
Land Information
APNR332822
Lot Number16
SubdivisionPutty Ross
Land UseResidential
Legal DescriptionPUTTY ROSS BLK 1 L 1D
Census Tract002402
Assessed Land Value$2,242
Assessed Improvement Value$175,148
Assessment Year2025
About this property
Turnkey investment opportunity in East Lubbock that beats the 1% rule from day one. This 2018-built duplex offers two mirror 3-bed/1-bath units totaling 1,500 square feet, both in great condition and ready to produce income now. Each side is separately metered, so tenants cover their own utilities. Newer construction means real cash flow without the deferred-maintenance surprises of older Lubbock rentals, making it an easy add whether it's your first rental or your tenth. Priced to sell quickly!
Investor Tools
$101,270Estimated Mortgage Balance
$77,047Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$159,985
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,064 /month
Positive
Cash Flow Estimate:
$355 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,089
$177,390
2025
$2,242
$175,148
$177,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,089
$177,390
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tar Heel Holdings Llc
Unknown
$119,000
No
First
Dec 14, 2018
Jan 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,270
$76,120
42%
57%
$714/mo
12.4%