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$194,541

NAL Estimated Property Value

1710 Elkhart Ave, Lubbock, TX, 79416

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths3,640 Sq Ft
QuadruplexQuadruplex
price_per_sqft$54.95 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12,600 sqft

Building Information

Year Built1968
Roof Type105

Land Information

APNR92577
Lot Number2600
SubdivisionTracy Heights
Land UseResidential
Legal DescriptionTRACY HEIGHTS S60'OF L 260 & N30'OF 261
Census Tract000402
Assessed Land Value$10,800
Assessed Improvement Value$183,741
Assessment Year2025

About this property

Great investment opportunity!! Hard to find Quad under $200,000. This Quadplex is now looking for a new owner, and is a perfect for an investor looking for good cash flow. There have been some updates in the units including vinyl plank flooring, and newer paint. Units are clean and in good condition. Great location, and close to the mall and Marsha sharp!

Investor Tools

Property Icon
$194,541
Estimated Property Value
$141,361Estimated Mortgage Balance
$53,180Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,533
$194,541
2025
$10,800
$183,741
$194,541
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,533
$194,541

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$154,800
No
First
Oct 5, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,361
$53,180
27%
73%
$929/mo

Learn About the Market: Opportunity in Texas

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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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1710 Elkhart Ave | Property Details | No Agent List