$276,000
NAL Estimated Property Value2111 Main Street, Lubbock, TX, 79401
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
AppliancesRange, Cooktop, Disposal, Dishwasher, Electric Cooktop, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Tile
Exterior
Lot Size2,076 sqft
Building Information
Year Built2005
Roof Type110
Garage Spaces2
Land Information
APNR305880
Lot Number450
SubdivisionOverton Park
Land UseResidential
Legal DescriptionOVERTON PARK TR 11 BLDG 4 UNIT 5 & 1/36TH UND INT IN COMM AREA MAIN ST CONDOS
Census Tract000603
Assessed Land Value$43,500
Assessed Improvement Value$229,998
Assessment Year2025
About this property
Great Condo in The Overton Park Area 3 Bedrooms & 3.5 Bathrooms. Spacious Kitchen and dining, with open living room with Fireplace. 2 Balconies, 2 Car Garage. Close to Texas Tech University and what Broadway has to offer.
Investor Tools
$276,000
Estimated Property Value
$0Estimated Mortgage Balance
$276,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
$2,100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,515
$273,498
2025
$43,500
$229,998
$273,498
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,515
$273,498
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,100/mo
$-570/mo
6.7%
