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Days2126Days on Market
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$270,000

301 N Chicago Ave, Lubbock, TX, 79416

On MarketInfo
Beds6 Beds
Baths6 Bath
Baths2,740 Sq Ft
DuplexDuplex
price_per_sqft$98.54 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator

Exterior

Lot Size7,745 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces954

Land Information

APNR171415
Lot Number770
SubdivisionFountain Wood
Land UseResidential
Legal DescriptionFOUNTAIN WOOD L 77
Census Tract000410
Assessed Land Value$17,500
Assessed Improvement Value$231,788
Assessment Year2025

About this property

This fully remodeled duplex offers an excellent opportunity for both investors and owner-occupants. Both units are in great condition and ready for a new owner, making it a strong option for anyone looking to add to their rental portfolio or live in one side while renting out the other. Located in a quiet neighborhood, this property offers a simple way to begin or expand your real estate investments. Don't miss this move-in and rent-ready opportunity!

Investor Tools

$0Estimated Mortgage Balance
$249,288Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Angela Watson

Charles Schulz Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,527
$249,288
2025
$17,500
$231,788
$249,288
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,527
$249,288

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$258,000
100%
0%
$0/mo

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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