Last 24 Hours
$442,411
NAL Estimated Property Value3407 Clovis Rd, Lubbock, TX, 79415
Off Market
Commercial
— Beds
— Bath
5,000 Sq Ft
$85 / sqft
Built in 2009Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size39,857 sqft
Building Information
Year Built2009
Land Information
APNR82028
Lot Number30
SubdivisionNewton
Land UseIndustrial
Legal DescriptionNEWTON L 3
Census Tract000303
Assessed Land Value$23,917
Assessed Improvement Value$418,494
Assessment Year2025
About this property
This property is a 5,000 sq ft warehouse/office. This building was constructed in 2009 and used as a laboratory with only 1 owner since construction. The building has 3 restrooms, and 12 room/office spaces, a break room, 1,000 sq ft of warehouse space with a 14' bay door and upper deck storage. The .91 acre lot is fenced and gated in the back and has 3 covered parking spots on the east side of the property.
Investor Tools
$442,411
Estimated Property Value
$0Estimated Mortgage Balance
$442,411Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,654 /month
Positive
Cash Flow Estimate:
$885 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,314
$442,411
2025
$23,917
$418,494
$442,411
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,314
$442,411
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$442,411
100%
0%
$0/mo
12.4%