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$155,000

1914 25th Street, Lubbock, TX, 79411

$180,783 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.79 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size10,500 sqft

Building Information

Year Built1937
Roof Type105

Land Information

APNR84326
Lot Number17
SubdivisionParkland Place
Land UseResidential
Legal DescriptionPARKLAND PL BLK 21 L 18 & E/2 OF 17
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$200,863
Assessment Year2025

About this property

Investor Special with Huge Value-Add Potential! This unique property offers an incredible opportunity for investors looking to maximize cash flow and build equity. Featuring a 3-bedroom, 2-bathroom main home and a separate 1-bedroom, 1-bathroom backhouse, this property provides the flexibility for dual rental income, multigenerational living, or an owner-occupant looking to offset their mortgage with rental revenue. The front home was previously rented for $1,200 per month, while the recently renovated backhouse generated $595 per month in rental income. The backhouse has already received updates, providing added appeal and reducing near-term maintenance concerns. While the property could benefit from some TLC and cosmetic improvements, it presents a huge value-add opportunity for an investor to increase rents, improve equity, and unlock its full income-producing potential. Whether you're looking for your next fix-and-hold investment, a house-hacking opportunity, or a project with strong upside, this property offers excellent income potential and multiple paths to create value. Opportunities like this don't come around often--bring your vision and capitalize on the possibilities.

Investor Tools

$121,671Estimated Mortgage Balance
$104,192Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$180,783
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,355 /month
Positive
Cash Flow Estimate:
$452 /month

Interested in this property?

Michael Norsworthy

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,979
$225,863
2025
$25,000
$200,863
$225,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,979
$225,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$132,000
No
First
Apr 15, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,671
$104,192
46%
54%
$792/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$792/mo
+$880/mo
8.9%

City: Lubbock

1914 25th Street, Lubbock, TX 79411 | Property Details | No Agent List