$214,000
NAL Estimated Property Value206 Fulton Ave, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Dishwasher, Microwave, Range
FlooringCarpet, Tile
Exterior
Lot Size9,131 sqft
Building Information
Year Built1990
Roof Type114
Garage Spaces2
Land Information
APNR99716
Lot Number2340
SubdivisionShadow Hills
Land UseResidential
Legal DescriptionSHADOW HILLS L 234-A-1
Census Tract010417
Assessed Land Value$16,436
Assessed Improvement Value$159,982
Assessment Year2025
About this property
Shadow Hills home near golf course. Well maintained in a quiet neighborhood. Nice master that has a sitting area with built -ins and a desk .The bath is nice with a walk in closet. Extra large lot with a storage building that is great for entertaining. also side yard is large enough to park a boat or trailer. Close to Tech and the medical area.
Investor Tools
$214,000
Estimated Property Value
$114,506Estimated Mortgage Balance
$99,494Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,175
$176,418
2025
$16,436
$159,982
$176,418
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,175
$176,418
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$139,428
Yes
First
Sep 1, 2017
Oct 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,506
$99,494
46%
54%
$836/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$836/mo
+$804/mo
9.2%
