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$291,000

NAL Estimated Property Value

3216 74th St, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,799 Sq Ft
DuplexDuplex
price_per_sqft$94.64 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,821 sqft

Building Information

Year Built1974
Roof Type105
Garage Spaces4

Land Information

APNR125085
Lot Number80
SubdivisionMelonie Gardens
Land UseResidential
Legal DescriptionMELONIE GARDENS L 8
Census Tract002102
Assessed Land Value$14,110
Assessed Improvement Value$267,771
Assessment Year2025

About this property

This property is located Less than 10 minutes from Tech in an established neighborhood. Would be perfect for the couple with a live in mother in law or father in law. The A side is a 3 bedrooms 2 bathrooms 2 car garage with a laundry room full kitchen and covered back patio. B side is a 2 bedroom 1 and 1/2 bathrooms laundry room, full kitchen large living area fireplace and covered back patio. For the investors, other duplexes in the area are rent from $1200 to $1800 per side making this property a great investment opportunity. This property is easily accessible from the loop and is close to everything. Restaurant, grocery store, the new Circle K Convenience Store down the street. It is just 10 minutes from LCU or Texas Tech. Both side have been well taken care of previously owned by a family and and a close friend of the family who rented side B for years. Property is easy to show and would make a great home or a nice addition to a investment portfolio.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$0Estimated Mortgage Balance
$291,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,232
$281,881
2025
$14,110
$267,771
$281,881
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,232
$281,881

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$291,000
100%
0%
$0/mo

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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3216 74th St | Property Details | No Agent List