$276,000
NAL Estimated Property Value2119 Main St Apt 5, Lubbock, TX, 79401
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher
FlooringCarpet
Exterior
Lot Size2,076 sqft
Building Information
Year Built2005
Roof Type110
Garage Spaces2
Land Information
APNR305892
Lot Number650
SubdivisionOverton Park
Land UseResidential
Legal DescriptionOVERTON PARK TR 11 BLDG 6 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
Urban living at its best! Many restaurants and shopping nearby. Walk or bike to Tech campus - drop by Starbucks on the way! 3-story floor plan is ideal for 3 roommates. Each bedroom offers private bath with an additional half bath for guests. Open and spacious kitchen and living area. Secure, gated parking. Low-maintenance living w/HOA taking care of the landscaping. A great investment opportunity! Brand new carpet and fresh paint just completed!
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
No HOA
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
N/A
+$1,530/mo
6.7%
