$70,000
114 Avenue V, Lubbock, TX, 79415
On Market
Property Lead Type:
Absentee OwnerHigh EquityVacant Homes
Highlights
Interior
AppliancesFree-Standing Electric Range, Refrigerator
FlooringPlank
Exterior
Exterior FeaturesOther
Lot Size6,375 sqft
Building Information
Year Built1945
Roof Type105
Land Information
APNR52212
Lot Number7
SubdivisionHarder Sub (R & Mc)
Land UseResidential
Legal DescriptionHARDER SUB BLK 43 L 7
Census Tract000202
Assessed Land Value$1,500
Assessed Improvement Value$54,743
Assessment Year2025
About this property
Investment opportunity! This property is part of a 7-home portfolio available for purchase individually or as a package. Some homes are currently tenant-occupied, while others are ready for new occupants, offering flexibility for investors looking to build or expand their rental portfolio. Package Property Addresses: 105 N Ave U, 1313 25th St., 2024 37th, 5419 Ave D, 711 30th & 824 Vanda.
Investor Tools
$0Estimated Mortgage Balance
$68,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$90/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$743
$56,243
2025
$1,500
$54,743
$56,243
No
Tax History
Year
Tax Paid
Assessed Value
2024
$743
$56,243
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$65,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
N/A
+$1,017/mo
17.9%
