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$110,000

2012 62nd Street, Lubbock, TX, 79412

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.57 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesElectric Range
FlooringCeramic Tile, Carpet, Hardwood, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,425 sqft

Building Information

Year Built1953
Roof Type105

Land Information

APNR125543
Lot Number11
SubdivisionVandelia Village
Land UseResidential
Legal DescriptionVANDELIA VILLAGE BLK 6 L 11
Census Tract002207
Assessed Land Value$18,500
Assessed Improvement Value$67,290
Assessment Year2025

About this property

This charming 3-bedroom, 1-bath home offers the perfect blend of comfort and West Texas charm! Featuring great updates throughout, including a new roof, fresh paint, and an inviting open concept layout perfect for everyday living and entertaining. Located next to the O.W. Ribble Park, you'll love the convenience of green space and outdoor fun just steps away. The spacious backyard provides endless possibilities for gatherings, pets, or relaxing evenings under the West Texas sky. Whether you're a first time buyer or investor this home is one you won't want to miss!

Investor Tools

Property Icon
$109,000
Estimated Property Value
$0Estimated Mortgage Balance
$102,404Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

Interested in this property?

Liberty Soliz

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$583
$81,167
2025
$18,500
$67,290
$85,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$583
$81,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Martha Meza Rocha
Seller Carryback / Seller Financing / Seller Take-Back
$11,000
No
First
Dec 7, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,596
$102,404
93%
6%
$66/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$66/mo
+$951/mo
11.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2012 62nd Street | Property Details | No Agent List