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$74,074

NAL Estimated Property Value

2912 Amherst St, Lubbock, TX, 79415

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.65 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesFree-Standing Electric Range
FlooringHardwood

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,560 sqft

Building Information

Year Built1938
Roof Type105

Land Information

APNR46898
Lot Number31
SubdivisionMaddox
Land UseResidential
Legal DescriptionMADDOX BLK 5 L 30 & 31
Census Tract000304
Assessed Land Value$15,500
Assessed Improvement Value$58,574
Assessment Year2025

About this property

Charming little home, close to TTU and hospitals! Would make a great investment property, has rented steadily. This 2 bedroom, 1 bath home sits on a large lot. This house offers a cute living room with decorative fireplace, open to the dining area, and a cozy kitchen, with bedrooms and bathroom down the hallway. Nice tree in the front yard for good curb appeal!

Investor Tools

Property Icon
$74,074
Estimated Property Value
$0Estimated Mortgage Balance
$74,074Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$444 /month
Positive
Cash Flow Estimate:
$148 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,310
$74,074
2025
$15,500
$58,574
$74,074
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,310
$74,074

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$74,074
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
N/A
+$1,017/mo
16.5%

Learn About the Market: Opportunity in Texas

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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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2912 Amherst St | Property Details | No Agent List