Last 24 Hours
$69,000
3013 Amherst St, Lubbock, TX, 79415
On Market
3 Beds
1 Bath
928 Sq Ft
Single Family Residence
$74.35 / sqft
Built in 1939Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Heating
CoolingExterior
Lot Size6,560 sqft
Building Information
Year Built1939
Roof Type105
Land Information
APNR50854
Lot Number140
SubdivisionMaddox
Land UseResidential
Legal DescriptionMADDOX BLK 19 L 13 & 14
Census Tract000304
Assessed Land Value$15,500
Assessed Improvement Value$64,233
Assessment Year2025
About this property
Investment opportunity or personal home! This property is currently leased month to month for $700. This is located in Arnett Benson, a great neighborhood just down the street from Texas Tech, easy access to Marsha Sharp, and an area that has done historically well for rental property and appreciation. Check this one out ASAP!
Investor Tools
$106,215Estimated Mortgage Balance
$92,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$552 /month
Positive
Cash Flow Estimate:
$184 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,337
$79,733
2025
$15,500
$64,233
$79,733
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,337
$79,733
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust Co
Credit Line (Revolving) / Heloc
$147,000
No
First
Dec 20, 2013
Dec 2014
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,215
N/A
0%
115%
$882/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$882/mo
+$543/mo
18.6%
12.4%