$136,000
NAL Estimated Property Value3415 Belmont Ave, Lubbock, TX, 79407
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
FlooringVinyl
Exterior
Lot Size7,150 sqft
Building Information
Year Built1961
Roof Type105
Garage Spaces1
Land Information
APNR123799
Lot Number290
SubdivisionWillowick
Land UseResidential
Legal DescriptionWILLOWICK L 29
Census Tract001710
Assessed Land Value$22,000
Assessed Improvement Value$109,919
Assessment Year2025
About this property
Charming newly remodeled home ready for a new family. This cozy 3-bedroom, 1-bath, 1-car garage gem is freshly painted, new vinyl flooring throughout, granite counter tops, new custom kitchen cabinets and many more updates. Convenient to shopping centers, parks, and restaurants. Only a few minutes to Loop 289 and Marsha Sharp. Call for a private showing today.
Investor Tools
$136,000
Estimated Property Value
$129,220Estimated Mortgage Balance
$6,780Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$816 /month
Positive
Cash Flow Estimate:
$272 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,959
$131,919
2025
$22,000
$109,919
$131,919
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,959
$131,919
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$132,554
Yes
First
Dec 18, 2024
Jan 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,220
$6,780
4%
95%
$795/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$795/mo
+$630/mo
12.6%
