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$343,000

NAL Estimated Property Value

16816 County Road 2220, Lubbock, TX, 79423

$445,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths7,570 Sq Ft
price_per_sqft$15.19 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.36 acres

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APNR79822
Lot Number21620
SubdivisionPriddy Sub
Land UseMisc. Improvements On Farm Land
Legal DescriptionBLK E SEC 23 AB 1114 TR 162 & 163 PRIDDY SUB
Census Tract010514
Assessed Land Value$24,462
Assessed Improvement Value$134,737
Assessment Year2025

About this property

Great opportunity & potential with 1.35 acres of land in Cooper ISD! 4 homes on property! Main house is 2 Bedrooms, 2 Baths, 3 Living Areas! Home in back offers 3 bedrooms 2 baths. One of the homes 3 Bed/2 bath is currently rented at $600/month! 5 Storage Units on Property & Large 2 Car Workshop with Electricity! Newer Well Pump! 3 Septic tanks on property that have all been pumped with in last 3 years! All homes on individual electric meters! Come check this out before its too late!

Investor Tools

Property Icon
$343,000
Estimated Property Value
$0Estimated Mortgage Balance
$343,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$445,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,934
$159,199
2025
$24,462
$134,737
$159,199
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,934
$159,199

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$343,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
5.4%

City: Lubbock

16816 County Road 2220 | Property Details | No Agent List