$204,000
NAL Estimated Property Value1909 41st St, Lubbock, TX, 79412
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range, Refrigerator
Exterior
Lot Size7,650 sqft
Building Information
Year Built1963
Roof Type105
Land Information
APNR25788
Lot Number50
SubdivisionJackson
Land UseResidential
Legal DescriptionTAYLOR-JACKSON L 5
Census Tract002302
Assessed Land Value$3,300
Assessed Improvement Value$116,470
Assessment Year2025
About this property
Recently updated ~ Multi-unit Investment opportunity ~ Each unit offers 2 bedroom, 1 bathroom ~ Side A tenant occupied with one year lease expiring March 2018 ~ Side B to be occupied by tenant 4/22 with one year lease expiring March 2018 ~ $650/unit/month
Investor Tools
$204,000
Estimated Property Value
$111,505Estimated Mortgage Balance
$92,495Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,049
$119,770
2025
$3,300
$116,470
$119,770
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,049
$119,770
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Oaktree Funding Corp
Conventional
$117,000
No
First
Oct 17, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,505
$92,495
45%
55%
$702/mo
