$149,000
2812 55th Street, Lubbock, TX, 79413
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s)
FlooringLaminate, Luxury Vinyl, Tile
Exterior
Exterior FeaturesStorage
Lot Size7,800 sqft
Building Information
Year Built1955
Roof Type105
Garage Spaces1
Land Information
APNR67817
Lot Number625
SubdivisionCaprock
Land UseResidential
Legal DescriptionCAPROCK L 217
Census Tract002104
Assessed Land Value$35,000
Assessed Improvement Value$116,834
Assessment Year2025
About this property
Welcome to your new home! Nestled in a well-established, tree-lined neighborhood in Central Lubbock, this delightful 1955 traditional brick home blends mid-century charm with modern comfort. Offering an inviting open-concept floor plan, it's the perfect space for relaxing, entertaining, and making lasting memories. Whether you're a first-time homebuyer looking for a cozy start or an investor seeking a fantastic property in a highly desirable area, this home has incredible potential. Contact your local real estate agent today to schedule a private showing!
Investor Tools
$126,091Estimated Mortgage Balance
$22,909Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,528
$147,597
2025
$35,000
$116,834
$151,834
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,528
$147,597
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$135,800
No
First
Jul 20, 2022
Aug 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,091
$22,909
15%
85%
$815/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$815/mo
+$855/mo
13.4%
