$85,000
2018 E 28th Street, Lubbock, TX, 79404
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Exterior FeaturesAwning(s)
Lot Size9,233 sqft
Building Information
Year Built1959
Garage Spaces288
Land Information
APNR87335
Lot Number1120
SubdivisionManhattan Heights
Land UseResidential
Legal DescriptionMANHATTAN HTS L 112
Census Tract001200
Assessed Land Value$500
Assessed Improvement Value$64,077
Assessment Year2025
About this property
Property requires repairs and is best suited for cash buyers, investors, or renovation specialists. Excellent potential for resale, rental income, or redevelopment. Buyer to verify all information and condition.
Investor Tools
$0Estimated Mortgage Balance
$72,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,143
$64,577
2025
$500
$64,077
$64,577
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,143
$64,577
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$72,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
23.8%
