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$292,000

2507 Madison St, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,788 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.11 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Gas Cooktop
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size10,957 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APNR169520
Lot Number260
SubdivisionHillcrest South
Land UseResidential
Legal DescriptionHILLCREST SOUTH L 26
Census Tract000201
Assessed Land Value$14,400
Assessed Improvement Value$247,353
Assessment Year2025

About this property

Great home on a large lot with storage shed and side entry garage. This home has special ceilings in the living room and master suite. This home has new carpet and fresh paint. The large kitchen has gas range, an island, and open concept for entertaining.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$152,100Estimated Mortgage Balance
$160,814Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,991
$261,753
2025
$14,400
$247,353
$261,753
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,991
$261,753

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$152,100
No
First
Jun 7, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,186
$160,814
55%
45%
$912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$912/mo
+$513/mo
5.9%

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.

Explore Texas Explore This Area
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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2507 Madison St | Property Details | No Agent List