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B+
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$291,000

2111 Main St Apt 1, Lubbock, TX, 79401

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,920 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$158.59 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave

Exterior

Exterior FeaturesOther
Lot Size2,076 sqft

Building Information

Year Built2005
Roof Type110
Garage Spaces2

Land Information

APNR305876
Lot Number410
SubdivisionOverton Park
Land UseResidential
Legal DescriptionOVERTON PARK TR 11 BLDG 4 UNIT 1 & 1/36TH UND INT IN COMM AREA MAIN ST CONDOS
Census Tract000603
Assessed Land Value$43,500
Assessed Improvement Value$239,833
Assessment Year2025

About this property

Located just minutes from Texas Tech University and the vibrant Broadway shopping and dining district, this spacious condo offers the perfect blend of comfort, style, and convenience. Featuring 3 generously sized bedrooms—each with its own private bathroom—plus a guest half-bath, this home is ideal for students, families, or as a smart investment property. Enjoy a bright, open-concept living area with a cozy fireplace, a large kitchen with ample counter space, and 2 private balconies perfect for relaxing or entertaining. The attached two-car garage provides secure parking and extra storage. Don't miss this rare opportunity in one of Lubbock's most desirable areas!

Investor Tools

Property Icon
$291,000
Estimated Property Value
$166,250Estimated Mortgage Balance
$166,257Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,827 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
$2,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,714
$283,333
2025
$43,500
$239,833
$283,333
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,714
$283,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$166,250
No
First
Dec 12, 2014
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,743
$166,257
57%
43%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,100/mo
$-570/mo
6.3%

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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2111 Main St Apt 1 | Property Details | No Agent List