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$199,000

1907 16th St, Lubbock, TX, 79401

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.5 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Exterior FeaturesNone
Lot Size6,375 sqft

Building Information

Year Built1940

Land Information

APNR26167
Lot Number4
SubdivisionOverton
Land UseResidential
Legal DescriptionOVERTON BLK 21 L 4
Census Tract000607
Assessed Land Value$22,600
Assessed Improvement Value$125,587
Assessment Year2025

About this property

Welcome to 1907 16th Street, a versatile and spacious property offering 4 bedrooms and 3 bathrooms in the main home, providing plenty of room for comfortable living. This unique property also features a detached back house with its own private entrance, creating excellent opportunities for multigenerational living, guest accommodations, a home office, or potential rental income. The flexible layout, separate living spaces, and added privacy make this property a rare find. Conveniently located and full of potential, 1907 16th Street is an exceptional opportunity for homeowners and investors alike.

Investor Tools

$0Estimated Mortgage Balance
$179,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Jessica Dykes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,622
$148,187
2025
$22,600
$125,587
$148,187
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,622
$148,187

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$179,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
N/A
+$1,530/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1907 16th St | Property Details | No Agent List