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$131,000

NAL Estimated Property Value

2408 24th Street, Lubbock, TX, 79411

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,387 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.53 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesRefrigerator

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,000 sqft

Building Information

Year Built1941
Roof Type105
Garage Spaces2

Land Information

APNR47833
Lot Number330
SubdivisionCollege Park
Land UseResidential
Legal DescriptionCOLLEGE PARK BLK 2 L 33
Census Tract001401
Assessed Land Value$24,500
Assessed Improvement Value$82,561
Assessment Year2025

About this property

Welcome to 2408 24th Street — a charming and well-maintained home located in a well-established area of Lubbock, just a few minutes from Texas Tech University. Whether you're searching for a comfortable primary residence or a strong investment opportunity, this property offers the ideal combination of location, functionality, and value. Step inside to a bright and inviting living area filled with natural light, creating a warm and welcoming atmosphere perfect for everyday living or entertaining. The kitchen features ample cabinet storage and counter space and flows seamlessly into the dining area, making it both practical and inviting. The bedrooms are well-sized and offer flexibility for guests, a home office, or growing needs. Recent updates include a brand new HVAC system installed in 2024, providing added efficiency and peace of mind. The refrigerator will also convey with the home, making this a truly move-in-ready opportunity. Outside, enjoy a spacious yard with plenty of room to relax, entertain, or customize to fit your lifestyle. Conveniently located just minutes from Texas Tech, as well as shopping, dining, and medical facilities, this home offers excellent accessibility and long-term appeal. Whether you're looking for your next home or a smart addition to your portfolio, 2408 24th Street is full of potential. Schedule your private showing today!

Investor Tools

Property Icon
$131,000
Estimated Property Value
$95,154Estimated Mortgage Balance
$35,846Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$795 /month
Positive
Cash Flow Estimate:
$265 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,798
$107,061
2025
$24,500
$82,561
$107,061
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,798
$107,061

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank
Purchase Money Mortgage
$105,000
No
First
Jun 2, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,154
$35,846
27%
73%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$630/mo
+$795/mo
13.1%

City: Lubbock

2408 24th Street, Lubbock, TX 79411 | Property Details | No Agent List