$90,000
1907 45th Street, Lubbock, TX, 79412
On Market
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesGas Water Heater
FlooringVinyl
Exterior
Exterior FeaturesPrivate Yard
Lot Size7,950 sqft
Building Information
Year Built1959
Garage Spaces1
Land Information
APNR114943
Lot Number40
SubdivisionHomer Hall
Land UseResidential
Legal DescriptionHOMER HALL L 4
Census Tract002302
Assessed Land Value$20,000
Assessed Improvement Value$94,246
Assessment Year2025
About this property
At this price, you won't find updates like this. This 3 Bedroom, 1 Bathroom home has big improvements with a small price tag. New sewer lines, new windows, fresh interior and exterior paint, re-epoxied countertops, new flooring, updated electrical all in 2026. HVAC replaced in 2020, water heater in 2021. The big stuff is done, all that's left is moving in!
Investor Tools
$0Estimated Mortgage Balance
$114,246Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$685 /month
Positive
Cash Flow Estimate:
$228 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,302
$114,246
2025
$20,000
$94,246
$114,246
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,302
$114,246
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,246
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
15.0%
