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$157,143

2401 47th Street, Lubbock, TX, 79412

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,687 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.84 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesOther
Lot Size10,335 sqft

Building Information

Year Built1959
Garage Spaces2

Land Information

APNR33543
Lot Number10
SubdivisionCollege Avenue
Land UseResidential
Legal DescriptionCOLLEGE AVE L 1 & E28'OF 2
Census Tract002301
Assessed Land Value$23,500
Assessed Improvement Value$133,643
Assessment Year2025

About this property

Welcome to 2401 74th Street, a well-maintained home offering comfort, convenience, and a functional layout in a desirable South Lubbock location. This property features a bright and inviting living space, a spacious kitchen with ample cabinetry, and generously sized bedrooms designed for everyday living. Enjoy a private backyard perfect for relaxing or entertaining, along with easy access to nearby schools, shopping, restaurants, and major roadways. With its practical design and prime location, this home is an excellent opportunity for buyers seeking value and convenience in an established neighborhood.

Investor Tools

Property Icon
$157,143
Estimated Property Value
$0Estimated Mortgage Balance
$157,143Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,854
$157,143
2025
$23,500
$133,643
$157,143
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,854
$157,143

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$157,143
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
10.9%

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.

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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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2401 47th Street | Property Details | No Agent List