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$225,000

NAL Estimated Property Value

2106 Main Street, Lubbock, TX, 79401

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,264 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$178.01 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet

Exterior

Exterior FeaturesBalcony
Lot Size1,842 sqft

Building Information

Year Built2008
Roof Type105

Land Information

APNR312474
Lot Number360
SubdivisionOverton Park
Land UseResidential
Legal DescriptionOVERTON PARK TR 12 BLDG 3 UNIT 6 & 1/45TH UND INT IN COMM AREA MAIN ST CONDOS
Census Tract000603
Assessed Land Value$31,500
Assessed Improvement Value$183,824
Assessment Year2025

About this property

Great Condo in a gated community and a short distance to Texas Tech! Covered parking and security gate, located on beautiful Main Street with lovely curb appeal. Once inside, you will find nice open concept living/dining/kitchen areas along with a half bath. The bedrooms are found on the next level. You will find them to be spacious and private, each with their own full bath and large closets. New (2023) Washer/dryer, and refrigerator convey. Fabulous location for anyone needing to be near Texas Tech or the medical area.

Investor Tools

Property Icon
$215,324
Estimated Property Value
$0Estimated Mortgage Balance
$215,324Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$3,120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,299
$215,324
2025
$31,500
$183,824
$215,324
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,299
$215,324

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$215,324
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,090/mo
$3,120/mo
$-2,030/mo
6.1%

City: Lubbock

2106 Main Street, Lubbock, TX 79401 | Property Details | No Agent List