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$189,859

NAL Estimated Property Value

2219 89th Street, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,411 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.95 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesRange, Exhaust Fan, Free-Standing Electric Range, Free-Standing Range, Microwave, Refrigerator
FlooringTile

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size7,826 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APNR131023
Lot Number2010
SubdivisionBent Tree
Land UseResidential
Legal DescriptionBENT TREE L 201
Census Tract010506
Assessed Land Value$24,000
Assessed Improvement Value$165,859
Assessment Year2025

About this property

SELLER IS OFFERING $10,000 IN FLEX CASH!! This charming 3-bedroom, 2-bathroom home is the perfect starter home! Featuring an open floor plan, it offers a bright and inviting living space that's great for entertaining. The spacious backyard provides plenty of room for outdoor activities, pets, or gardening. Don't miss this opportunity to own a beautiful home with both comfort and convenience!

Investor Tools

Property Icon
$189,859
Estimated Property Value
$173,627Estimated Mortgage Balance
$16,232Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$296/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,603
$189,859
2025
$24,000
$165,859
$189,859
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,603
$189,859

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Fha
$176,739
Yes
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,627
$16,232
8%
91%
$1,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,060/mo
+$490/mo
9.8%

Learn About the Market: Opportunity in Texas

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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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2219 89th Street | Property Details | No Agent List