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$87,000

NAL Estimated Property Value

1704 E Auburn St, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths990 Sq Ft
price_per_sqft$95.86 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Free-Standing Gas Range, Free-Standing Range
FlooringCarpet, Laminate

Exterior

Lot Size7,056 sqft

Building Information

Year Built1961
Roof Type114
Garage Spaces1

Land Information

APNR71937
Lot Number1650
SubdivisionMackenzie Terrace
Land UseResidential
Legal DescriptionMACKENZIE TERR L 329
Census Tract000902
Assessed Land Value$1,000
Assessed Improvement Value$72,506
Assessment Year2025

About this property

Pride of Homeownership for this adorable 3-bedroom, 2-bath with covered carport. This home is perfect for first time homebuyers who need a move-in ready home at an affordable price. New Interior Paint, updated Handicap accessible Hall Bathroom, New Windows with 2" Faux Blinds and French Door. Newly Painted Exterior Lap Siding and Cedar Wood 6ft Privacy Metal Pole Fence. The back yard is ready for your summer gatherings it includes a Metal Covered Outdoor Patio with ceramic Tile flooring. 12X12 Custom Built Storage Shed on a concrete pad with electricity. New Water Heater, hidden safe and newly installed rain gutters. Don't miss out on this great opportunity to grab this home.

Investor Tools

Property Icon
$87,000
Estimated Property Value
$75,939Estimated Mortgage Balance
$11,061Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$569 /month
Positive
Cash Flow Estimate:
$190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,436
$73,506
2025
$1,000
$72,506
$73,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,436
$73,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mitchell Liberty Fund Llc
Purchase Money Mortgage
$84,122
No
First
Apr 30, 2021
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,939
$11,061
12%
87%
$505/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$505/mo
+$920/mo
19.7%

City: Lubbock

1704 E Auburn St | Property Details | No Agent List