Last 24 Hours
$255,335
NAL Estimated Property Value1812 14th St, Lubbock, TX, 79401
$331,936 ARV
Off Market
Commercial
1 Beds
1 Bath
4,218 Sq Ft
Multi Family
$100.52 / sqft
Built in 1978Highlights
Interior
Bedrooms 1
Bathrooms Full 1AppliancesDryer, Microwave, Refrigerator, Washer
Exterior
Lot Size8,332 sqft
Building Information
Year Built1978
Land Information
APNR137240
Lot Number6
SubdivisionOverton
Land UseResidential
Legal DescriptionOVERTON BLK 13 W75.75'OF L 6-7
Census Tract000607
Assessed Land Value$8,332
Assessed Improvement Value$247,003
Assessment Year2025
About this property
Investment opportunity in the historic Overton near Texas Tech. Units have been completely renovated with new HVAC, plumbing, electrical, flooring, appliances, vanities, counter tops. Each unit is individually metered. Top 3 units rented for $550 per month, and bottom 4 units just hit the rental market at $650 per month.
Investor Tools
$255,335
Estimated Property Value
$284,496Estimated Mortgage Balance
$255,335Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$331,936
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,637
$255,335
2025
$8,332
$247,003
$255,335
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,637
$255,335
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Unknown
$325,600
No
First
Dec 19, 2019
Dec 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,496
N/A
0%
111%
$1,953/mo
12.4%