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$203,812

NAL Estimated Property Value

2625 136th St, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,264 Sq Ft
price_per_sqft$126.58 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Oven
FlooringCeramic Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size2,889 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR339794
Lot Number1840
SubdivisionViridian
Land UseResidential
Legal DescriptionVIRIDIAN L 184
Census Tract010512
Assessed Land Value$30,000
Assessed Improvement Value$173,812
Assessment Year2025

About this property

HUGE PRICE IMPROVMENT! Discover a beautifully maintained home built in 2021. Located within the acclaimed Lubbock Cooper School District and the highly desirable Viridian community. This property offers 2 generously sized bedrooms and 2 full bathrooms, complemented by an inviting open layout and modern style and energy-efficient features. Currently leased through May 2026, it provides steady, guaranteed rental income from day one. With its prime location, exceptional schools, and thoughtful construction, this home is an excellent opportunity for investors seeking a dependable and attractive long-term asset.

Investor Tools

Property Icon
$203,812
Estimated Property Value
$133,490Estimated Mortgage Balance
$70,322Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,223 /month
Positive
Cash Flow Estimate:
$408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,685
$203,812
2025
$30,000
$173,812
$203,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,685
$203,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Conventional
$142,493
No
First
Dec 7, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,490
$70,322
34%
65%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$855/mo
+$695/mo
9.1%

City: Lubbock

2625 136th St | Property Details | No Agent List