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A+
NoAgentList RatingHow are grades calculated? Info
Days33Days on Market
Views1view
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$49,900

$59,900

1504 E Ursuline St, Lubbock, TX, 79403

$64,870 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths974 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$51.23 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Range

Exterior

Lot Size8,220 sqft

Building Information

Year Built1955
Roof Type114
Garage Spaces1

Land Information

APNR105632
Lot Number8
SubdivisionClayton Carter
Land UseResidential
Legal DescriptionCLAYTON CARTER BLK 1 L 8
Census Tract000100
Assessed Land Value$12,375
Assessed Improvement Value$57,178
Assessment Year2025

About this property

Great Value Opportunity – Perfect for Homeowners or Investors! Great opportunity for homeowners looking to build equity with a little work or investors seeking their next project. This property offers solid potential with a functional layout and plenty of opportunity to update and customize to your liking. Ideal for a starter home, rental property, or fix-and-flip investment. Conveniently located in Lubbock near schools, shopping, dining, and major roadways. Property being sold as-is. Buyer to independently verify all information, measurements, schools, and utilities.

Investor Tools

Property Icon
$61,000
Estimated Property Value
$0Estimated Mortgage Balance
$61,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$64,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$366 /month
Positive
Cash Flow Estimate:
$122 /month

Interested in this property?

Karen Davis

Karen Davis Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$37/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$138
$59,234
2025
$12,375
$57,178
$69,553
No

Tax History

Year
Tax Paid
Assessed Value
2025
$138
$59,234

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$61,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
28.0%

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.

Explore Texas Explore This Area
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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1504 E Ursuline St | Property Details | No Agent List