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$133,000

NAL Estimated Property Value

116 Ave N, Lubbock, TX, 79401

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,174 Sq Ft
price_per_sqft$114.91 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesRange, Dishwasher, Free-Standing Range, Microwave
FlooringVinyl

Exterior

Lot Size10,000 sqft

Building Information

Year Built1977
Roof Type114

Land Information

APNR51782
Lot Number140
SubdivisionGuadalupe
Land UseResidential
Legal DescriptionGUADALUPE BLK 13 L 14
Census Tract000700
Assessed Land Value$2,000
Assessed Improvement Value$106,494
Assessment Year2025

About this property

Charming home right out of a designer magazine. Everything updated and beautiful! Bright & Lgiht with white cabinets, new appliances, new flooring, new lighting, new hardware, new sink, new paint & much more. Quint neighborhood with a good school!

Investor Tools

Property Icon
$133,000
Estimated Property Value
$58,764Estimated Mortgage Balance
$74,236Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$809 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,539
$108,494
2025
$2,000
$106,494
$108,494
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,539
$108,494

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Closed-End Mortgage / Closed-End With Future Advance Clause
$60,000
No
First
Mar 3, 2025
Mar 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,764
$74,236
55%
44%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$360/mo
+$1,170/mo
13.8%

City: Lubbock

116 Ave N | Property Details | No Agent List