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$114,000

NAL Estimated Property Value

1609 68th Street, Lubbock, TX, 79412

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,052 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.73 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Exterior FeaturesNone
Lot Size6,420 sqft

Building Information

Year Built1964
Roof Type105
Garage Spaces1

Land Information

APNR131798
Lot Number2430
SubdivisionTarrytown
Land UseResidential
Legal DescriptionTARRYTOWN L 243
Census Tract002208
Assessed Land Value$3,900
Assessed Improvement Value$82,445
Assessment Year2025

About this property

A cozy and well-maintained 3-bedroom, 2-bathroom home that's perfect for first-time buyers, investors, or anyone looking for an affordable and move-in ready property in Lubbock. Step inside to find a bright, inviting living area with great natural light and a comfortable flow throughout. The kitchen offers plenty of cabinet space and connects seamlessly to the dining area — ideal for family meals or entertaining friends. Each bedroom provides ample room and closet space, and the bathroom is clean and functional with modern touches. Outside, enjoy a spacious backyard with endless possibilities — whether you envision a garden, outdoor entertaining space, or room for pets to play. The property also features a dedicated laundry area and off-street parking. Located near shopping, dining, schools, and quick access to major roads, this home combines convenience with value.

Investor Tools

Property Icon
$114,000
Estimated Property Value
$0Estimated Mortgage Balance
$114,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$749 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,568
$86,345
2025
$3,900
$82,445
$86,345
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,568
$86,345

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,000
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
15.0%

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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1609 68th Street | Property Details | No Agent List