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$135,000

NAL Estimated Property Value

2614 38th St, Lubbock, TX, 79413

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.36 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringHardwood, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,950 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces1

Land Information

APNR123866
Lot Number14
SubdivisionLisemby
Land UseResidential
Legal DescriptionLISEMBY BLK 4 L 14
Census Tract002002
Assessed Land Value$21,500
Assessed Improvement Value$93,460
Assessment Year2025

About this property

Adorable 2 bedroom 1 bath home with a detached 1 car garage. Floor plan feels spacious and offers great natural light! Refinished hardwood floors in main living area and bedrooms. Trendy colors in bathroom and kitchen. Built-ins for closet in back bedroom. Large bathroom with a tub shower combo perfectly nestled in the middle of the home. Pergola in the backyard. This is a great central Lubbock home, perfect for investors or first time home buyers!

Investor Tools

Property Icon
$114,960
Estimated Property Value
$0Estimated Mortgage Balance
$114,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,034
$114,960
2025
$21,500
$93,460
$114,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,034
$114,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,960
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,190/mo
N/A
+$1,190/mo
12.4%

Learn About the Market: Opportunity in Texas

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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.

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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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2614 38th St | Property Details | No Agent List