$135,000
3304 Itasca Street, Lubbock, TX, 79415
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesRefrigerator
Exterior
Exterior FeaturesStorage
Lot Size7,150 sqft
Building Information
Year Built1955
Roof Type105
Land Information
APNR117598
Lot Number10
SubdivisionRiceland
Land UseResidential
Legal DescriptionRICELAND BLK 1 L 10
Census Tract000304
Assessed Land Value$15,500
Assessed Improvement Value$73,371
Assessment Year2025
Investor Tools
$62,447Estimated Mortgage Balance
$44,553Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,467
$88,871
2025
$15,500
$73,371
$88,871
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,467
$88,871
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vista Bank
Open End Mortgage / Open End With Future Advance Clause
$67,500
No
First
May 2, 2022
May 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,447
$44,553
41%
58%
$405/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$405/mo
+$1,020/mo
16.0%
