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$331,033

NAL Estimated Property Value

2115 N Texas Avenue, Lubbock, TX, 79403

$341,081 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,725 Sq Ft
DuplexDuplex
price_per_sqft$110.06 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,356 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR338265
Lot Number1380
SubdivisionCypress Grove
Land UseResidential
Legal DescriptionCYPRESS GROVE L 138
Census Tract000100
Assessed Land Value$30,000
Assessed Improvement Value$301,033
Assessment Year2025

About this property

Investment Opportunity With 2-Year Old Duplex! Each side is an open-concept 3-bedroom, 2-bath, 1-car garage unit. As you enter each unit, you are welcomed by high ceilings, vinyl plank flooring & neutral colors. Spacious living area offers flexibility for living & dining space configuration. Kitchen provides granite countertops, breakfast bar & pantry. Isolated master suite features en-suite bath with granite countertops & walk-in closet. Each unit provides a small backyard for outdoor enjoyment. This duplex is part of a 3-duplex package that can be sold individually or together.

Investor Tools

Property Icon
$331,033
Estimated Property Value
$281,895Estimated Mortgage Balance
$49,138Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$341,080
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,067
$331,033
2025
$30,000
$301,033
$331,033
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,067
$331,033

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$292,877
No
First
Apr 1, 2024
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,895
$49,138
14%
85%
$1,756/mo

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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2115 N Texas Avenue | Property Details | No Agent List