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$380,000

NAL Estimated Property Value

2115 20th St, Lubbock, TX, 79411

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths2,926 Sq Ft
price_per_sqft$129.87 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave

Exterior

Lot Size7,000 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR116624
Lot Number8
SubdivisionMccrummen 2nd
Land UseResidential
Legal DescriptionMCCRUMMEN 2ND BLK 53 L 8
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$355,000
Assessment Year2025

About this property

An excellent Duplex built by Robust Homes. It is a perfect opportunity for investors, across the street from Lubbock High School, a few minutes from downtown Lubbock, Texas Tech University, the South Plain College downtown center, and the Leprino Cheese plant in east Lubbock. It offers two identical units, 1463 sqft each with a 9ft ceiling throughout, three bedrooms and three full bathrooms, spacious kitchen with Island and stainless-steel appliances, and 9 ft Fence. Another Duplex will be adjacent to this one pretty soon. It is almost completed. The finishes touch to the rough construction will be added during the next couple weeks. Check out this duplex before it's gone!

Investor Tools

Property Icon
$380,000
Estimated Property Value
$305,754Estimated Mortgage Balance
$74,246Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,900
$380,000
2025
$25,000
$355,000
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,900
$380,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$323,000
No
First
Jun 15, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,754
$74,246
19%
80%
$1,937/mo

City: Lubbock

2115 20th St | Property Details | No Agent List