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$254,000

NAL Estimated Property Value

3203 61st St, Lubbock, TX, 79413

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,008 Sq Ft
price_per_sqft$69.47 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size3,626 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APNR86860
Lot Number360
SubdivisionBryan Park
Land UseResidential
Legal DescriptionBRYAN PARK CENTER 32'OF L 36
Census Tract002103
Assessed Land Value$40,000
Assessed Improvement Value$168,718
Assessment Year2025

About this property

Townhouse in Amazing location! Huge open concept living, dining, and kitchen. Beautiful fireplace with storage for firewood, soaring ceilings, many windows, open, light and bright. Two master bedrooms! The upstairs master bedroom is huge with an additional space for a 2nd living/office/nursery/etc. The downstairs master suite offers a large space with an attached bathroom with a tub/shower combo. Both bedrooms have huge closets! Lots of cabinet and counter space in the kitchen! This townhouse has tons of storage from an outdoor storage closet, built in storage, under the stairs storage, and closets in the garage! Rear entry garage, security system! Nice courtyard type fenced patio and small yard! Located within a block of Leftwitch Park!!

Investor Tools

Property Icon
$254,000
Estimated Property Value
$87,901Estimated Mortgage Balance
$166,099Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,937
$208,718
2025
$40,000
$168,718
$208,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,937
$208,718

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$101,250
No
First
Sep 13, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,901
$166,099
65%
35%
$608/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,190/mo
$608/mo
+$582/mo
5.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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3203 61st St | Property Details | No Agent List