Last 24 Hours
$118,000
NAL Estimated Property Value307 E Tulane St, Lubbock, TX, 79403
Off Market
3 Beds
1 Bath
1,200 Sq Ft
$37.5 / sqft
Built in 1948Property Lead Type:
BankruptcyDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage AvailableAppliancesGas Water Heater
Exterior
Exterior FeaturesOther
Lot Size8,220 sqft
Building Information
Year Built1948
Roof Type114
Garage Spaces392
Land Information
APNR108950
Lot Number14
SubdivisionClayton Carter
Land UseResidential
Legal DescriptionCLAYTON CARTER BLK 7 L 14
Census Tract000100
Assessed Land Value$12,375
Assessed Improvement Value$58,816
Assessment Year2025
About this property
Tax assessed value of $71,000! 3 bedrooms 1 bath 1200 sq ft. KEY FEATURES: New Sheetrock/texture, HVAC works good, Water heater works, Roof is in good shape, Updated main sewer line and PEX water lines, Updated electrical panel. Huge carport and extra garage/storage building. Needs some finishing cosmetic touches and this will be a strong cash flowing property! Previously rented for $900/month!
Investor Tools
$118,000
Estimated Property Value
$0Estimated Mortgage Balance
$118,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$708 /month
Positive
Cash Flow Estimate:
$236 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,272
$71,191
2025
$12,375
$58,816
$71,191
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,272
$71,191
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
14.5%
12.4%