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$110,000

211 42nd Street, #2, Lubbock, TX, 79404

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.54 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringPlank, Vinyl

Exterior

Exterior FeaturesSmart Camera(s)/Recording
Lot Size5,105 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces1

Land Information

APNR338890
Lot Number110
SubdivisionSouth East Heights
Land UseResidential
Legal DescriptionSOUTH EAST HTS BLK 1 L 9B
Census Tract002402
Assessed Land Value$18,000
Assessed Improvement Value$84,585
Assessment Year2025

About this property

Built in 2020, this well-maintained home features 3 bedrooms, 2 bathrooms, and a 1-car garage. The home features vinyl plank flooring throughout and an open-concept living space. For investors it can offer steady rental income with minimal upkeep. Perfect for anyone seeking a turnkey property to expand their portfolio. Schedule a viewing today for your chance to invest in this opportunity or make it a home all of your own!

Investor Tools

Property Icon
$128,000
Estimated Property Value
$0Estimated Mortgage Balance
$128,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

Interested in this property?

Blair Hayes

Michelle Kauffman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,807
$102,585
2025
$18,000
$84,585
$102,585
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,807
$102,585

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$128,000
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
13.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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211 42nd Street, #2 | Property Details | No Agent List