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$145,000

2610 36th Street, Lubbock, TX, 79413

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.03 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size7,575 sqft

Building Information

Year Built1952
Roof Type105
Garage Spaces240

Land Information

APNR122796
Lot Number16
SubdivisionLisemby
Land UseResidential
Legal DescriptionLISEMBY BLK 2 L 16
Census Tract002002
Assessed Land Value$21,500
Assessed Improvement Value$94,114
Assessment Year2025

About this property

Investment opportunity near Texas Tech University, Medical District, restaurants, shopping and more. 3 bed, 2 bath offering a spacious kitchen area, large isolated master, and hardwood flooring throughout. A large driveway, detached garage, and big back yard with high fencing. Currently leased through January 2027. Schedule your showing today!

Investor Tools

$112,615Estimated Mortgage Balance
$40,385Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,159
$115,614
2025
$21,500
$94,114
$115,614
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,159
$115,614

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Oak Bank Na
Commercial
$120,000
No
First
Jan 19, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,615
$40,385
26%
74%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$720/mo
+$950/mo
13.1%

City: Lubbock