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$172,000

NAL Estimated Property Value

1511 E Queens St, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.38 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range
FlooringVinyl

Exterior

Lot Size7,680 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces1

Land Information

APNR120406
Lot Number15
SubdivisionCarter Coffey
Land UseResidential
Legal DescriptionCARTER COFFEY BLK 32 L 15
Census Tract000100
Assessed Land Value$12,375
Assessed Improvement Value$119,465
Assessment Year2025

About this property

Perfect for First Time Homebuyers. Built in 2005 Located Just Minutes From Lubbock Airport. New Roof, New Vinyl Plank Flooring Throughout and Fresh Paint Throughout. This Home Has 3 Bedrooms, 2 Bathrooms and 1 Car Attached Garage. Great Size Isolated Master W/Double Vanity with Private Bath and Handicap Accessible Shower. Spacious Laundry Room W/ Tons of Storage and Space For Freezer. BONUS..Do Not Miss the Heated/Cooled Room in garage (Could Be Office/Workshop). Steel Storage Building in Backyard.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$92,337Estimated Mortgage Balance
$79,663Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,615
$131,840
2025
$12,375
$119,465
$131,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,615
$131,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Fha
$103,098
Yes
First
Dec 1, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,337
$79,663
46%
54%
$619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$619/mo
+$806/mo
9.9%

City: Lubbock

1511 E Queens St | Property Details | No Agent List