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$394,074

NAL Estimated Property Value

2003 22nd Street, Lubbock, TX, 79411

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths2,926 Sq Ft
price_per_sqft$135 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range, Microwave

Exterior

Lot Size7,112 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APNR109340
SubdivisionMccrummen 2nd
Land UseResidential
Legal DescriptionMCCRUMMEN 2ND BLK 12 L 2
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$369,074
Assessment Year2025

About this property

Explore unparalleled investment potential with Robust Homes 'under construction brick Duplex situated across from Dupre elementary park. This great location offers not only a tranquil setting but also the convenience of being a mere 5 minutes away from Texas Tech University and the downtown area. Each side of this beautiful duplex boasts a spacious 3-bedroom layout, ensuring ample comfort and privacy. With an attached garage and 2 parking space providing parking ease. This Duplex seamlessly blend contemporary features with thoughtful functionality, creating a perfect place for both students and professionals alike. it is a great opportunity for savvy investors seeking properties around TTU and the downtown area. Don't miss the chance to secure a smart investment!

Investor Tools

Property Icon
$394,074
Estimated Property Value
$301,757Estimated Mortgage Balance
$92,317Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$400
$394,074
2025
$25,000
$369,074
$394,074
No

Tax History

Year
Tax Paid
Assessed Value
2024
$400
$394,074

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Conventional
$312,000
No
First
Jul 12, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,757
$92,317
23%
77%
$1,871/mo

City: Lubbock

2003 22nd Street | Property Details | No Agent List