$194,541
NAL Estimated Property Value1710 Elkhart Ave, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$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
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
