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$113,000

NAL Estimated Property Value

3410 Erskine St, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,244 Sq Ft
price_per_sqft$64.23 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace

Exterior

Lot Size7,499 sqft

Building Information

Year Built1966
Roof Type105

Land Information

APNR43192
Lot Number45
SubdivisionNorth Tech
Land UseResidential
Legal DescriptionNORTH TECH W24'OF L 5 & E35'OF 6
Census Tract000303
Assessed Land Value$25,000
Assessed Improvement Value$99,658
Assessment Year2025

About this property

3 Bedroom 2 Bath affordable home, below $80k.

Investor Tools

Property Icon
$113,000
Estimated Property Value
$40,061Estimated Mortgage Balance
$72,939Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$678 /month
Positive
Cash Flow Estimate:
$226 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$95/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$576
$106,189
2025
$25,000
$99,658
$124,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$576
$106,189

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$45,000
No
First
Sep 17, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,061
$72,939
64%
35%
$270/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$270/mo
+$1,155/mo
15.1%

City: Lubbock

3410 Erskine St | Property Details | No Agent List