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$134,583

NAL Estimated Property Value

2212 Ave U, Lubbock, TX, 79411

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,485 Sq Ft
DuplexDuplex
price_per_sqft$74.01 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Lot Size6,750 sqft

Building Information

Year Built1929
Roof Type105

Land Information

APNR119853
Lot Number24
SubdivisionMccrummen 2nd
Land UseResidential
Legal DescriptionMCCRUMMEN 2ND BLK 59 S45'OF L 22 23 & 24
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$109,583
Assessment Year2025

About this property

2/2 duplex in the Heart of Lubbock, wood flooring throughout. Schedule your showing today!

Investor Tools

Property Icon
$134,583
Estimated Property Value
$156,754Estimated Mortgage Balance
$134,583Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$807 /month
Positive
Cash Flow Estimate:
$269 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,917
$134,583
2025
$25,000
$109,583
$134,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,917
$134,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Open End Mortgage / Open End With Future Advance Clause
$160,447
No
First
Oct 18, 2023
Nov 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,754
N/A
0%
116%
$1,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,178/mo
+$494/mo
14.9%

City: Lubbock

2212 Ave U | Property Details | No Agent List