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$164,048

1920 27th St # 2, Lubbock, TX, 79411

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,366 Sq Ft
DuplexDuplex
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3,080 sqft

Building Information

Year Built2023
Roof Type105

Land Information

APNR77836
Lot Number175
SubdivisionHighland Heights
Land UseResidential
Legal DescriptionHIGHLAND HTS BLK 29 L 17A
Census Tract001402
Assessed Land Value$10,000
Assessed Improvement Value$154,048
Assessment Year2025

About this property

Now available for lease—this spacious 3 bed, 3 bath home is perfectly located just minutes from Texas Tech University! Featuring granite countertops throughout, each bedroom comes with its own private bathroom, making it an ideal setup for roommates or a small family. The open-concept kitchen and living area offers plenty of room to relax or entertain, and the updated finishes give it a modern touch. With easy access to campus, shopping, dining, and medical centers, this home checks all the boxes. Schedule your showing today!

Investor Tools

Property Icon
$164,048
Estimated Property Value
$260,000Estimated Mortgage Balance
$0Estimated Equity
-58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,080
$164,048
2025
$10,000
$154,048
$164,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,080
$164,048

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lender Holdings Llc
Commercial
$260,000
No
First
Dec 12, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,049
N/A
0%
246%
$2,441/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$2,441/mo
$-1,016/mo
10.4%

Learn About the Market: Opportunity in Texas

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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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1920 27th St # 2 | Property Details | No Agent List