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$394,000

NAL Estimated Property Value

2618 Marlboro St, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,936 Sq Ft
price_per_sqft$132.8 / sqft
Year BuiltBuilt in 1965

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, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size27,950 sqft

Building Information

Year Built1965
Roof Type114
Garage Spaces2

Land Information

APNR78891
Lot Number58
SubdivisionCresthill
Land UseResidential
Legal DescriptionCRESTHILL L 58
Census Tract000201
Assessed Land Value$13,000
Assessed Improvement Value$281,111
Assessment Year2025

About this property

If you're looking for a property that checks off all the boxes, this is it! A beautiful home, a large yard (over half an acre!), lots of trees (including 10 pecans, 2 peach, and 2 live oak), a circular drive plus a large driveway, a quiet neighborhood, and so much more - all at a great price. A few other special features include an irrigation well to keep the landscape beautiful, a huge utility room, shiplap-style walls, and lots of natural light. Make this one your own and enjoy the perfect combination of city-living convenience and country-living tranquility! (With too many updates to list here, please see - or have your Realtor provide you with - the attached document for more details, including a list of all of the gorgeous perennials.) This one is priced to sell, so schedule an appointment now with your favorite Realtor!

Investor Tools

Property Icon
$394,000
Estimated Property Value
$299,735Estimated Mortgage Balance
$94,265Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,095
$294,111
2025
$13,000
$281,111
$294,111
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,095
$294,111

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$311,920
No
First
Mar 19, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,735
$94,265
23%
76%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,871/mo
$-446/mo
4.3%

City: Lubbock

2618 Marlboro St | Property Details | No Agent List