$147,000
NAL Estimated Property Value2114 21st St, Lubbock, TX, 79411
$191,100 ARV
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesGas Water Heater
Exterior
Lot Size7,000 sqft
Building Information
Year Built1938
Roof Type114
Land Information
APNR116892
Lot Number18
SubdivisionMccrummen 2nd
Land UseResidential
Legal DescriptionMCCRUMMEN 2ND BLK 53 L 18
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$119,288
Assessment Year2025
About this property
This property can be purchased individually or as part of a package along with 2104 20th St. and 10307 Vernon Ave. 2114 21st St. - Duplex - FULL GUT REMODEL Unit A: 2 Bed | 2 Bath | 1,064 sq ft | $1,250/month (Leased through July 2026) Unit B: 3 Bed | 3 Bath | 1,326 sq ft | $1,600/month (Leased through May 2026) Updated from top to bottom, tenants pay all utilities.
Investor Tools
$147,000
Estimated Property Value
$203,386Estimated Mortgage Balance
$147,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$191,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,695 /month
Positive
Cash Flow Estimate:
$565 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,329
$144,288
2025
$25,000
$119,288
$144,288
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,329
$144,288
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Access Community Cu
Commercial
$212,000
No
First
Feb 15, 2024
Feb 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,386
N/A
0%
138%
$1,272/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,272/mo
+$400/mo
13.6%
