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$179,900

2812 62nd Street, Lubbock, TX, 79413

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.67 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
FlooringVinyl

Exterior

Exterior FeaturesBarbecue, Outdoor Grill
Lot Size7,008 sqft

Building Information

Year Built1956
Roof Type105
Garage Spaces1

Land Information

APNR83121
Lot Number3170
SubdivisionCaprock
Land UseResidential
Legal DescriptionCAPROCK L 740
Census Tract002104
Assessed Land Value$20,000
Assessed Improvement Value$150,371
Assessment Year2025

About this property

Is this your perfect home? Is this for your investor portfolio? Or is this the IDEAL Airbnb opportunity for all your Texas Tech home games?! This FULLY FURNISHED, beautifully maintained home features 3 spacious bedrooms, 2 full bathrooms, and a 1 car garage, perfectly ready for you to move in! Located in a prime area with easy access to Texas Tech University and Loop 289, you'll enjoy quick commutes to anywhere in town. From the moment you arrive, you'll be welcomed by the strong curb appeal, mature trees, and well-kept landscaping in an established neighborhood. Inside, the home boasts vinyl plank flooring in the bedrooms and laminate flooring throughout the main living areas. The kitchen has beautiful countertops, creating a modern and inviting space to cook and entertain. Step out back and enjoy a spacious yard with a beautiful, mature tree, ideal for pets, play, or gatherings with family and friends. The attached garage provides added convenience and protection from the unpredictable Lubbock weather. Don't miss your chance to see this charming, well-kept home. Schedule your showing today!

Investor Tools

$155,640Estimated Mortgage Balance
$14,731Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

Interested in this property?

Bobby Jo DeLeon

Newfound Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,277
$170,371
2025
$20,000
$150,371
$170,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,277
$170,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$164,700
No
First
May 12, 2023
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,640
$14,731
8%
91%
$988/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$988/mo
+$682/mo
11.8%

City: Lubbock

2812 62nd Street | Property Details | No Agent List