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$124,999

3001 54th Street, Lubbock, TX, 79413

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,253 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.76 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesStorage
Lot Size10,738 sqft

Building Information

Year Built1958
Roof Type105

Land Information

APNR108048
Lot Number1
SubdivisionLeftwich Monterey Heights
Land UseResidential
Legal DescriptionLEFTWICH MONTEREY HTS L 1 & E5.09'OF 2
Census Tract002103
Assessed Land Value$40,000
Assessed Improvement Value$94,511
Assessment Year2025

About this property

Great starter home or investment property in central Lubbock...priced to sell! Brand *NEW* carpet throughout the house! Situated on a large lot, this home offers TWO LIVING spaces, use one for a home office or extra space for entertaining. Nice sized kitchen with lots of natural light...Primary Bedroom has cedar closet and built-ins plus ensuite. This adorable home has lots of storage closets, cabinet space, and is ready for its next owner! Schedule an appointment today!

Investor Tools

$125,574Estimated Mortgage Balance
$3,426Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

Interested in this property?

Angela Smith

WestMark Companies

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,185
$126,833
2025
$40,000
$94,511
$134,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,185
$126,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$135,000
No
First
Aug 8, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,574
$3,426
2%
97%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,190/mo
$810/mo
+$380/mo
11.1%

City: Lubbock

3001 54th Street | Property Details | No Agent List