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$103,000

2004 31st St, Lubbock, TX, 79411

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.33 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater

Exterior

Exterior FeaturesNone
Lot Size7,000 sqft

Building Information

Year Built1947
Roof Type105
Garage Spaces200

Land Information

APNR113383
Lot Number11
SubdivisionMccrummen 2nd
Land UseResidential
Legal DescriptionMCCRUMMEN 2ND BLK 42 L 11
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$71,437
Assessment Year2025

About this property

Newly remodeled home with a fresh, modern look and an excellent location near Texas Tech! The house features a striking navy blue exterior and a completely updated interior. Enjoy beautiful hardwood floors and bright white walls throughout the main living areas. The kitchen is a highlight with new navy blue cabinets, gold hardware, and white subway tile backsplash. The house also includes a newly installed split unit. This charming home is ready to go--just minutes away from Texas Tech University! It is a great investment property to add to your portfolio. Call your favourite realtor to schedule a showing today! House is virtual staged. Fridge is not included.

Investor Tools

$52,560Estimated Mortgage Balance
$52,440Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

Interested in this property?

Han Li

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,020
$96,437
2025
$25,000
$71,437
$96,437
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,020
$96,437

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kimberly Schober Etal
Purchase Money Mortgage
$54,000
No
First
Nov 26, 2024
Nov 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,560
$52,440
49%
50%
$324/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$324/mo
+$693/mo
11.6%

City: Lubbock

2004 31st St | Property Details | No Agent List