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$163,000

NAL Estimated Property Value

2309 33rd St, Lubbock, TX, 79411

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,945 Sq Ft
price_per_sqft$56.56 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesRange, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Hardwood

Exterior

Lot Size3,478 sqft

Building Information

Year Built1972
Roof Type105
Garage Spaces2

Land Information

APNR40388
Lot Number10010
SubdivisionMassey Heights
Land UseResidential
Legal DescriptionMASSEY HTS BLK 4 L 1 THRU 6 IMPERIAL TOWNHOUSES UNIT A-1
Census Tract001401
Assessed Land Value$22,000
Assessed Improvement Value$135,643
Assessment Year2025

About this property

Nestled in the heart of Lubbock is this elegant townhome with three bedrooms, two full baths, two car garage, large sunroom, and large living room with beautiful built ins and fireplace, and beautiful parquet floors. Minutes from TTU, medical, and downtown.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$112,291Estimated Mortgage Balance
$50,709Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$2,340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$941
$157,643
2025
$22,000
$135,643
$157,643
No

Tax History

Year
Tax Paid
Assessed Value
2024
$941
$157,643

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$121,600
No
First
Apr 18, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,291
$50,709
31%
69%
$730/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$3,070/mo
$-1,645/mo
10.5%

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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2309 33rd St | Property Details | No Agent List