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$161,557

NAL Estimated Property Value

2805 27th St, Lubbock, TX, 79410

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,226 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.27 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringHardwood, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,060 sqft

Building Information

Year Built1942
Roof Type105

Land Information

APNR28914
Lot Number3
SubdivisionGreen Acres
Land UseResidential
Legal DescriptionGREEN ACRES BLK 4 L 3
Census Tract001502
Assessed Land Value$33,000
Assessed Improvement Value$128,557
Assessment Year2025

About this property

3 bedroom, 2 bathroom home in Tech Terrace just minutes from Texas Tech campus. This property features hardwood floors and tile throughout, along with a kitchen equipped with granite countertops and stainless steel appliances. A great option for a primary residence or investment property in a highly sought-after location close to campus, dining, and shopping. 6 properties are available and can be all sold at once or in any size package your buyer is interested in. The addresses are 2518 28th, 2405 21st, 2509 33rd, 2506 22nd, 2805 27th, 2601 27th

Investor Tools

Property Icon
$161,557
Estimated Property Value
$0Estimated Mortgage Balance
$161,557Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$969 /month
Positive
Cash Flow Estimate:
$323 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,859
$161,557
2025
$33,000
$128,557
$161,557
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,859
$161,557

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$161,557
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
N/A
+$1,740/mo
12.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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2805 27th St | Property Details | No Agent List