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$183,000

NAL Estimated Property Value

2016 54th St, Lubbock, TX, 79412

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths2,251 Sq Ft
DuplexDuplex
price_per_sqft$79.52 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer

Exterior

Lot Size17,780 sqft

Building Information

Year Built1964
Roof Type105
Garage Spaces2

Land Information

APNR119681
Lot Number670
SubdivisionBriercroft
Land UseResidential
Legal DescriptionBRIERCROFT L 67
Census Tract002207
Assessed Land Value$15,000
Assessed Improvement Value$129,117
Assessment Year2025

Investor Tools

Property Icon
$183,000
Estimated Property Value
$122,827Estimated Mortgage Balance
$60,173Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,617
$144,117
2025
$15,000
$129,117
$144,117
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,617
$144,117

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$134,250
No
First
Nov 2, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,827
$60,173
32%
67%
$805/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$805/mo
+$867/mo
11.0%

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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2016 54th St | Property Details | No Agent List