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$152,853

NAL Estimated Property Value

1503 Bradley St, Lubbock, TX, 79403

$198,709 ARVInfo
Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths3,416 Sq Ft
QuadruplexQuadruplex
price_per_sqft$67.33 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Electric Range

Exterior

Lot Size7,336 sqft

Building Information

Year Built1972

Land Information

APNR125239
Lot Number630
SubdivisionHornes Mesa
Land UseResidential
Legal DescriptionHORNES MESA L 63
Census Tract000100
Assessed Land Value$5,000
Assessed Improvement Value$147,853
Assessment Year2025

About this property

Quadraplex west of Lubbock Country Club north of Loop 289 near former Wright Elementary with all four units leased. All apartments are two story with each having a half bath downstairs and a full bath upstairs. Two units, A and D, have two bedrooms with the other two units, B and C, each having one bedroom. Each unit has central heat and air and washer and dryer connections and a small fenced in patio and back yard.

Investor Tools

Property Icon
$152,853
Estimated Property Value
$159,740Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$198,709
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,776
$152,853
2025
$5,000
$147,853
$152,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,776
$152,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Conventional
$168,750
No
First
Jun 21, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,740
N/A
0%
105%
$1,012/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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1503 Bradley St | Property Details | No Agent List