$108,000
NAL Estimated Property Value3130 Jarvis St, Lubbock, TX, 79415
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Range
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size7,150 sqft
Building Information
Year Built1953
Roof Type105
Land Information
APNR118995
Lot Number15
SubdivisionRiceland
Land UseResidential
Legal DescriptionRICELAND BLK 3 L 15
Census Tract000304
Assessed Land Value$15,500
Assessed Improvement Value$67,559
Assessment Year2025
About this property
Nice well kept 3 bed 1 and a half bath home with huge bonus living room in the Riceland subdivision. This home has plenty of space for the whole family. Updated kitchen floors were just added. Nice quiet street with great neighbors and convenient to Wolffarth Elementary School. Nice and clean and ready for a new owner.
Investor Tools
$108,000
Estimated Property Value
$62,283Estimated Mortgage Balance
$45,717Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,091
$83,059
2025
$15,500
$67,559
$83,059
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,091
$83,059
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$64,500
No
First
Jun 24, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,283
$45,717
42%
58%
$387/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$387/mo
+$1,038/mo
15.8%
