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Days36Days on Market
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$35,000

1612 46th St, Lubbock, TX, 79412

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths824 Sq Ft
price_per_sqft$42.48 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesNone, Gas Water Heater
FlooringWood

Exterior

Exterior FeaturesNone
Lot Size7,367 sqft

Building Information

Year Built1941
Roof Type114
Garage Spaces1

Land Information

APNR107878
Lot Number160
SubdivisionHilton
Land UseResidential
Legal DescriptionHILTON BLK 1 L 12
Census Tract002401
Assessed Land Value$18,000
Assessed Improvement Value$42,702
Assessment Year2025

About this property

Ready to put your mark on an investment property? This 2 bedroom, 1 bathroom home has tons of potential! Good sized rooms, central heat and air, and original wood floors to work with. Would be a great project to return to its original charm or turn into a rental!

Investor Tools

$0Estimated Mortgage Balance
$87,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$522 /month
Positive
Cash Flow Estimate:
$174 /month

Interested in this property?

Jenni Boller

Century 21 Kearney & Associate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$936
$60,702
2025
$18,000
$42,702
$60,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$936
$60,702

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$87,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
N/A
+$1,017/mo
14.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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