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$151,000

NAL Estimated Property Value

2332 62nd St, Lubbock, TX, 79412

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,677 Sq Ft
DuplexDuplex
price_per_sqft$101.37 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,990 sqft

Building Information

Year Built1962
Roof Type105
Garage Spaces1

Land Information

APNR66210
Lot Number3130
SubdivisionOakwood
Land UseResidential
Legal DescriptionOAKWOOD L 446
Census Tract002203
Assessed Land Value$32,500
Assessed Improvement Value$111,853
Assessment Year2025

About this property

Calling all house hackers and investors! This fantastic duplex is ideally situated just minutes from the loop and Texas Tech University. Side B boasts more recent updates, including fresh paint, fixtures, tub to ceiling subway tile, countertops, flooring and so much more. Equally impressive, Side A features updated floors, paint, and tub to ceiling subway tile tub enclosure. Notably, the duplex benefits from a new HVAC system installed in 2018. A golden opportunity awaits! Act now! All showings need a 24 hour notice.

Investor Tools

Property Icon
$151,000
Estimated Property Value
$110,790Estimated Mortgage Balance
$40,210Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,816
$144,353
2025
$32,500
$111,853
$144,353
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,816
$144,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deephaven Mortgage Llc
Conventional
$116,250
No
First
Oct 16, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,790
$40,210
26%
73%
$697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$697/mo
+$975/mo
13.3%

City: Lubbock

2332 62nd St | Property Details | No Agent List