$218,102
NAL Estimated Property Value2402 26th St, Lubbock, TX, 79411
Recently Sold
8/17/26
Property Lead Type:
BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher, Gas Range, Microwave, Range Hood, Refrigerator, Washer/Dryer
FlooringCeramic Tile
Exterior
Exterior FeaturesNone
Lot Size7,375 sqft
Building Information
Year Built1947
Roof Type105
Land Information
APNR106828
Lot Number18
SubdivisionRandolph Place
Land UseResidential
Legal DescriptionRANDOLPH PL BLK 1 E62.5'OF 18
Census Tract001401
Assessed Land Value$24,500
Assessed Improvement Value$193,602
Assessment Year2025
About this property
Investor's Dream - 3 units for one price! Each unit is a 1-bedroom, 1 bath with apprx. 700-750 sq. Two units have updated kitchens and baths, plus are furnished, and have all the appliances as they were leased as an Airbnb. The third unit is unfurnished but with appliances. The property offers a corner lot across the street from Carlisle Park and only 7 blocks from Texas Tech University. Other upgrades include stucco exterior, metal roof, windows, mini-splits, appliances, kitchen cabinets, and more. Don't miss this opportunity!
Investor Tools
$218,102
Estimated Property Value
$0Estimated Mortgage Balance
$218,102Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,309 /month
Positive
Cash Flow Estimate:
$436 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,223
$218,102
2025
$24,500
$193,602
$218,102
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,223
$218,102
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$218,102
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
7.8%
