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$44,900

2639 Parkway Dr, Lubbock, TX, 79403

$58,370 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,456 Sq Ft
price_per_sqft$30.84 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesOther
Lot Size8,101 sqft

Building Information

Year Built1957
Roof Type114
Garage Spaces1

Land Information

APNR130179
Lot Number1180
SubdivisionWilshire Park
Land UseResidential
Legal DescriptionWILSHIRE PARK L 141
Census Tract000902
Assessed Land Value$1,000
Assessed Improvement Value$95,024
Assessment Year2025

About this property

Looking for your next investment project or fixer-upper with amazing potential? This 3 bedroom, 1 bath, 1 car garage home is ready for someone with vision to bring it back to life! Located right across the street from a grocery store, you'll love the convenience this location offers. The home itself needs significant TLC, but with the right updates, it could be transformed into a cozy home or a profitable rental property. Featuring a functional layout, spacious bedrooms, and a generous backyard, there's plenty of space to work with to create something truly special. This property is priced to sell. Whether you're an investor looking for your next flip, or a buyer ready to roll up your sleeves and build instant equity, this opportunity is waiting for you.

Investor Tools

$0Estimated Mortgage Balance
$96,024Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$58,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$576 /month
Positive
Cash Flow Estimate:
$192 /month

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Paisley Kelch

Coldwell Banker Trusted Adviso

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,744
$96,024
2025
$1,000
$95,024
$96,024
Yes (2011)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,744
$96,024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,024
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
17.8%

City: Lubbock