$359,000
NAL Estimated Property Value1607 N Akron Ave, Lubbock, TX, 79415
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
Exterior
Lot Size22,473 sqft
Building Information
Year Built2015
Roof Type105
Garage Spaces2
Land Information
APNR107293
Lot Number3
SubdivisionHillside #1 & #2
Land UseResidential
Legal DescriptionHILLSIDE BLK 4 L 3
Census Tract000201
Assessed Land Value$34,000
Assessed Improvement Value$231,500
Assessment Year2025
About this property
Sold before issue
Investor Tools
$359,000
Estimated Property Value
$0Estimated Mortgage Balance
$359,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,122
$244,115
2025
$34,000
$231,500
$265,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,122
$244,115
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$359,000
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
4.8%
