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$125,272

NAL Estimated Property Value

2618 48th Street, Lubbock, TX, 79413

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,236 Sq Ft
price_per_sqft$112.86 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDisposal, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringHardwood

Exterior

Exterior FeaturesNone
Lot Size7,950 sqft

Building Information

Year Built1954
Roof Type105
Garage Spaces1

Land Information

APNR108252
Lot Number12
SubdivisionSunny Slope
Land UseResidential
Legal DescriptionSUNNY SLOPE BLK 5 L 12
Census Tract002002
Assessed Land Value$44,000
Assessed Improvement Value$81,272
Assessment Year2025

About this property

This gorgeous house just off of 48th street is ready for it's new owners. If you're looking for a classic home to start your family or looking for a great neighborhood for your College student to live, this is the place. You don't want to miss out on this perfectly located low maintenance home. Bright and clean with brand new paint in the living room, kitchen and dining room. Schedule your tour today!

Investor Tools

Property Icon
$125,272
Estimated Property Value
$0Estimated Mortgage Balance
$125,272Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$837 /month
Positive
Cash Flow Estimate:
$279 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,269
$125,272
2025
$44,000
$81,272
$125,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,269
$125,272

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$125,272
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
16.0%

City: Lubbock

2618 48th Street | Property Details | No Agent List