$149,990
2517 47th Street, Lubbock, TX, 79413
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Disposal, Electric Oven, Free-Standing Range
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesPrivate Yard
Lot Size8,255 sqft
Building Information
Year Built1957
Roof Type183
Garage Spaces1
Land Information
APNR26860
Lot Number27
SubdivisionLortondale
Land UseResidential
Legal DescriptionLORTONDALE L 27
Census Tract002002
Assessed Land Value$21,500
Assessed Improvement Value$119,515
Assessment Year2025
About this property
Very cute 4 bedroom, 1.5 bath, 1 car garage. New HVAC, water heater, interior paint. Perfect for first time buyers, investors, students, everyone!!! Currently rented month to month, great cash flow possibilities! Contact your favorite realtor to schedule a showing.
Investor Tools
$39,658Estimated Mortgage Balance
$108,342Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,636
$141,015
2025
$21,500
$119,515
$141,015
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,636
$141,015
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank
Fha
$66,137
Yes
First
Dec 5, 2009
Jan 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,658
$108,342
73%
27%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
15.9%
