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$125,000

1924 26th St, Lubbock, TX, 79411

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,352 Sq Ft
DuplexDuplex
price_per_sqft$92.46 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
FlooringHardwood

Exterior

Lot Size6,279 sqft

Building Information

Year Built1949
Roof Type105

Land Information

APNR28753
Lot Number2
SubdivisionWallace
Land UseResidential
Legal DescriptionWALLACE BLK 1 L 2
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$104,237
Assessment Year2025

About this property

Duplex located in the Heart of Lubbock near Lubbock High School, Texas Tech University, and the Medical District. Great investment opportunity to add to your portfolio. Each unit is 1 bed, 1 bath featuring hardwood floors, spacious dining area and kitchen, lots of storage cabinets, off street parking and more. Both units currently leased. One through April 2027 and the other through July 2027. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$129,237Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$775 /month
Positive
Cash Flow Estimate:
$258 /month

Interested in this property?

Mackenzie Siler

ERA Newlin & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,656
$129,237
2025
$25,000
$104,237
$129,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,656
$129,237

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$129,237
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
N/A
+$1,672/mo
15.5%

City: Lubbock