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$239,900

3108 46th Street, Lubbock, TX, 79413

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.19 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size7,950 sqft

Building Information

Year Built1954
Roof Type105
Garage Spaces216

Land Information

APNR134863
Lot Number17
SubdivisionHulin Heights
Land UseResidential
Legal DescriptionHULIN HEIGHTS BLK 7 L 17
Census Tract002001
Assessed Land Value$27,000
Assessed Improvement Value$166,902
Assessment Year2025

About this property

Move in ready and ideally located just minutes from Texas Tech University, this rare 3 bedroom, 3 full bathroom home offers the perfect combination of space, comfort, and convenience. Fresh interior paint and a vacant, easy to show layout make it simple for buyers to picture themselves at home from the moment they step inside. Enjoy peace of mind with major improvements completed within the last two years, including the roof, water heater, garage door opener, and freshly stained fence. Inside, you'll find ceiling fans throughout, a cozy gas fireplace, and a functional floor plan designed for privacy and flexibility- perfect for families, students, roommates, or investors. Whether you're searching for a primary residence or a strong investment opportunity near Texas Tech, this home checks all the boxes with its desirable location, thoughtful updates, and exceptional value. Don't miss your chance to see everything this property has to offer- Schedule your private showing today!

Investor Tools

$157,369Estimated Mortgage Balance
$83,631Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

Interested in this property?

Benjamin Hargrove

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,598
$193,902
2025
$27,000
$166,902
$193,902
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,598
$193,902

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encore Bank Na
Conventional
$163,500
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,369
$83,631
34%
65%
$981/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$981/mo
+$689/mo
8.3%

City: Lubbock

3108 46th Street, Lubbock, TX 79413 | Property Details | No Agent List