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$105,000

2222 22nd Street, Lubbock, TX, 79411

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.18 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDisposal, Electric Range
FlooringHardwood, Laminate, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,000 sqft

Building Information

Year Built1942
Roof Type105
Garage Spaces1

Land Information

APNR117972
Lot Number140
SubdivisionMccrummen 2nd
Land UseResidential
Legal DescriptionMCCRUMMEN 2ND BLK 55 L 14
Census Tract001401
Assessed Land Value$25,000
Assessed Improvement Value$75,419
Assessment Year2025

About this property

Welcome to this inviting two-bedroom, one-bath home that blends comfort and functionality in a great central Lubbock location. Step inside to find a bright living area with beautiful hardwood floors and plenty of natural light. The cozy layout offers a spacious living room, a functional kitchen with abundant cabinet space, and a dining area perfect for casual meals. Both bedrooms provide comfortable living space with easy access to the full bathroom. Outside, enjoy a large backyard with endless potential for entertaining or gardening. This home is ideal for first-time buyers, investors, or anyone looking to enjoy affordable living in a quiet neighborhood close to shopping, dining, and Texas Tech University. Come see why 2222 22nd Street is full of potential and ready for its next chapter.

Investor Tools

$56,249Estimated Mortgage Balance
$44,170Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

Interested in this property?

Katie Jo Schafer

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,682
$100,419
2025
$25,000
$75,419
$100,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,682
$100,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstcapital Bank Of Texas Na
Open End Mortgage / Open End With Future Advance Clause
$66,400
No
First
Oct 10, 2018
Oct 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,249
$44,170
43%
56%
$399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$399/mo
+$1,026/mo
17.0%

City: Lubbock

2222 22nd Street | Property Details | No Agent List