Last 24 Hours
$109,056
NAL Estimated Property Value3114 Bates St, Lubbock, TX, 79415
Off Market
3 Beds
2 Bath
1,196 Sq Ft
$60.2 / sqft
Built in 1943Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
Bedrooms 3
Bathrooms Full 1.5
Heating
CoolingFlooringHardwood, Laminate, Tile
Exterior
Lot Size6,560 sqft
Building Information
Year Built1943
Land Information
APNR54347
Lot Number16
SubdivisionMaddox
Land UseResidential
Legal DescriptionMADDOX BLK 27 L 15 & 16
Census Tract000304
Assessed Land Value$15,500
Assessed Improvement Value$93,556
Assessment Year2025
About this property
Known as The Yellow House on Bates, this classic three bedroom, one and a half bath home has tons of character. Real hardwood flooring is featured throughout the living areas. Updates include water heater, roof, windows, and paint. Enjoy the large trees from the front porch and relax. Very close vicinity to Rogers park and Montelongo Pool. Call to schedule a showing today!
Investor Tools
$109,056
Estimated Property Value
$57,028Estimated Mortgage Balance
$52,028Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,064
$109,056
2025
$15,500
$93,556
$109,056
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,064
$109,056
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umb Bank Na
Conventional
$57,360
No
First
Jan 29, 2026
Feb 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,028
$52,028
47%
52%
$344/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$344/mo
+$1,081/mo
15.7%
12.4%