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$95,000

NAL Estimated Property Value

208 Ave S, Lubbock, TX, 79415

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths976 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$35.86 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size6,125 sqft

Building Information

Year Built1945
Roof Type105

Land Information

APNR45888
Lot Number4
SubdivisionRitchey J R (R&Mc Blk 26)
Land UseResidential
Legal DescriptionRITCHEY J R BLK 26 E122.5'OF 4
Census Tract000202
Assessed Land Value$1,500
Assessed Improvement Value$71,608
Assessment Year2025

About this property

Two bedroom, one bath home in Beck subdivision. Great opportunity for investors. Home sold as is. Needs minor work. One car carport. Large living area with fireplace. Dining area adjacent to kitchen. Close to Texas Tech, shopping & restaurants. Central heat & refrigerated window unit for cooling.

Investor Tools

Property Icon
$95,000
Estimated Property Value
$0Estimated Mortgage Balance
$95,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$63/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$276
$51,579
2025
$1,500
$71,608
$73,108
Yes (2017)

Tax History

Year
Tax Paid
Assessed Value
2024
$276
$51,579

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$95,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
N/A
+$1,017/mo
12.8%

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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208 Ave S | Property Details | No Agent List