$72,000
NAL Estimated Property Value1601 Vassar St, Lubbock, TX, 79403
Off Market
Highlights
Interior
Exterior
Lot Size13,600 sqft
Land Information
APNR136656
Lot Number1
SubdivisionCity View
Land UseResidential
Legal DescriptionCITY VIEW BLK 8 L 1
Census Tract000100
Assessed Land Value$28,000
Assessment Year2025
About this property
Duplex zoned land. Currently platted as 4 large lots, attached potential plat for 7 lots ($20,000) per duplex lot. 1601 Vassar, 1605 Vassar, 1609 Vassar, 1613 Vassar. Utility and road improvements would be required for development.
Investor Tools
$72,000
Estimated Property Value
$0Estimated Mortgage Balance
$72,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$450 /month
Positive
Cash Flow Estimate:
$150 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$33/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36
$28,000
2025
$28,000
N/A
$28,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$36
$28,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$72,000
100%
0%
$0/mo
