$165,000
NAL Estimated Property Value2334 62nd St, Lubbock, TX, 79412
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Oven, Electric Range
Exterior
Lot Size6,990 sqft
Building Information
Year Built1962
Roof Type105
Garage Spaces1
Land Information
APNR66181
Lot Number3125
SubdivisionOakwood
Land UseResidential
Legal DescriptionOAKWOOD L 445
Census Tract002203
Assessed Land Value$32,500
Assessed Improvement Value$111,710
Assessment Year2025
About this property
Completely updated 2 bedroom 1 bathroom 1 car garage duplex! This property has fresh paint throughout, luxury vinyl plank flooring, new countertops, stainless steel appliances, subway tile shower and backsplash. It also has a brand new central heat and air system. Can be sold as a package with 2330,2332,2334 and 2336
Investor Tools
$165,000
Estimated Property Value
$158,867Estimated Mortgage Balance
$6,133Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,846
$144,210
2025
$32,500
$111,710
$144,210
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,846
$144,210
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bmo Harris Bank Na
Conventional
$165,000
No
First
Jun 20, 2023
Jul 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,867
$6,133
3%
96%
$1,003/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,003/mo
+$669/mo
12.2%
