$302,000
NAL Estimated Property Value1621 Ave Y, Lubbock, TX, 79401
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready
Highlights
Interior
FlooringVinyl
Exterior
Lot Size6,199 sqft
Building Information
Year Built1927
Roof Type105
Land Information
APNR68571
Lot Number90
SubdivisionHankins
Land UseResidential
Legal DescriptionHANKINS BLK 1 L 11
Census Tract000607
Assessed Land Value$21,000
Assessed Improvement Value$159,768
Assessment Year2025
About this property
Three units on this lot: Unit A (main house) is a 3/2, 1494 square feet, 2 stories, and is an active AirBNB (Tejas Lounge) and some furnishing can be purchased separately. Unit B is a 1/1, 392 square foot efficiency behind the backyard. Unit C is a 1/1, 180 square foot converted garage efficiency (completely updated). Schedule your showing today!
Investor Tools
$302,000
Estimated Property Value
$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,488
$180,768
2025
$21,000
$159,768
$180,768
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,488
$180,768
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,000
100%
0%
$0/mo
