Last 24 Hours
$6,000
NAL Estimated Property Value1704 Elkhart Ave, Lubbock, TX, 79416
Off Market
Commercial
6 Beds
6 Bath
3,018 Sq Ft
$143.97 / sqft
Built in 2025Highlights
Interior
Bedrooms 6
Bathrooms Full 6AppliancesStainless Steel Appliance(s)
FlooringPlank
Exterior
Lot Size8,400 sqft
Building Information
Year Built1969
Garage Spaces4
Land Information
APNR92503
Lot Number2580
SubdivisionTracy Heights
Land UseCommercial
Legal DescriptionTRACY HEIGHTS N60'OF L 258
Census Tract000402
Assessed Land Value$6,000
Assessment Year2025
About this property
A new duplex is under construction near Lubbock Christian University (LCU) by RED1 HOMES, with an anticipated completion date at the end of June. Each unit features 3 bedrooms, 3 bathrooms, and a 2-car garage. The interiors boast granite countertops throughout, bathtubs with tile surrounds, and ample closet space. Front and rear entry units.
Investor Tools
$6,000
Estimated Property Value
$271,021Estimated Mortgage Balance
$6,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,607 /month
Positive
Cash Flow Estimate:
$869 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$12/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$109
$6,000
2025
$6,000
N/A
$6,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$109
$6,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$273,000
No
First
Dec 15, 2025
Jan 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,021
N/A
0%
4517%
$1,637/mo
12.4%