$229,000
3004 33rd Street, Lubbock, TX, 79410
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesRange, Dishwasher, Free-Standing Range, Microwave
Exterior
Exterior FeaturesNone
Lot Size8,400 sqft
Building Information
Year Built1948
Roof Type105
Garage Spaces1
Land Information
APNR102424
Lot Number160
SubdivisionForrest Heights
Land UseResidential
Legal DescriptionFORREST HTS BLK 3 L 19
Census Tract001502
Assessed Land Value$35,150
Assessed Improvement Value$153,115
Assessment Year2025
About this property
3 Bedroom, 2 Bath, investment opportunity in Tech Terrace. Minutes from Texas Tech University, Medical District, J&B Coffee, Food King, and much more! This home offers granite counter tops, spacious living room, hardwood flooring throughout, large backyard with covered patio and much more. Currently leased through June 2027. Schedule your showing today!
Investor Tools
$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,396
$188,265
2025
$35,150
$153,115
$188,265
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,396
$188,265
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
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
10.7%
