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$327,000

NAL Estimated Property Value

2513 Madison St, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,898 Sq Ft
price_per_sqft$118.55 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave

Exterior

Exterior FeaturesBarbecue, Outdoor Grill
Lot Size13,697 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces3

Land Information

APNR169523
Lot Number290
SubdivisionHillcrest South
Land UseResidential
Legal DescriptionHILLCREST SOUTH L 29
Census Tract000201
Assessed Land Value$18,000
Assessed Improvement Value$252,063
Assessment Year2025

About this property

One story 3 bedroom, 2 bath home located in the quiet and beautiful Hillcrest South neighborhood just around the corner from the Hillcrest Country Club. The country club provides one of Lubbock's most beautiful golf courses, tennis courts, pool, and a top notch restaurant. A full membership or a social package can be purchased if desired. Eye catching dormer windows and wrap around front porch! You may also appreciate the xeroscape front yard and the savings it provides on water, time and money. The home features an awesome covered outdoor kitchen and patio perfect for cookouts, a 30' x 30' shop, and covered trailer/boat parking. The home has been wonderfully maintained inside and out and offers spacious bedrooms and living areas, abundant storage, and special ceilings with crown molding. The shop is separate with an overhead garage door, side entrance and has a heating and cooling system.

Investor Tools

Property Icon
$327,000
Estimated Property Value
$202,265Estimated Mortgage Balance
$124,735Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,147
$270,063
2025
$18,000
$252,063
$270,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,147
$270,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$216,015
Yes
First
May 15, 2015
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,265
$124,735
38%
62%
$1,547/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,547/mo
$-122/mo
5.2%

City: Lubbock

2513 Madison St | Property Details | No Agent List