Last 24 Hours
$137,000
NAL Estimated Property Value1902 E Colgate St, Lubbock, TX, 79403
Off Market
3 Beds
2 Bath
1,926 Sq Ft
$67.5 / sqft
Built in 1962Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage AvailableExterior
Lot Size8,072 sqft
Building Information
Year Built1962
Roof Type114
Garage Spaces220
Land Information
APNR77239
Lot Number5000
SubdivisionMackenzie Terrace
Land UseResidential
Legal DescriptionMACKENZIE TERR L 500 LESS E PT
Census Tract000902
Assessed Land Value$1,000
Assessed Improvement Value$113,077
Assessment Year2025
About this property
Whether looking for a larger home for the family or the perfect investment property, this 4 bed, 3 bath with a BONUS room is PERFECT! On top of the space of the home, the house also comes with a hug driveway with lots of parking space. Schedule your showing today to see for yourself!
Investor Tools
$137,000
Estimated Property Value
$128,010Estimated Mortgage Balance
$8,990Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$822 /month
Positive
Cash Flow Estimate:
$274 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$114,077
2025
$1,000
$113,077
$114,077
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$114,077
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$135,000
Yes
First
Jul 17, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,010
$8,990
6%
93%
$810/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$810/mo
+$615/mo
12.5%
12.4%