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$229,308

NAL Estimated Property Value

3512 41st Street, Lubbock, TX, 79413

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89.68 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesCooktop, Disposal, Microwave, Stainless Steel Appliance(s)
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size9,938 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APNR118598
Lot Number14
SubdivisionSlaton Myrtle
Land UseResidential
Legal DescriptionSLATON MYRTLE BLK 7 L 15 &E15' OF 14
Census Tract001905
Assessed Land Value$25,000
Assessed Improvement Value$210,040
Assessment Year2025

About this property

This 3-bed, 2-bath home brings tons of character with a comfortable, easy layout. The covered front porch is perfect for hanging out, and inside you've got a cozy fireplace, built-in bookcases, and updated stainless steel appliances for a nice mix of old-school charm and modern touches. Half the home features tile plank flooring, plus a 2021 water heater and a brand new roof for peace of mind. All three bedrooms are a good size, making it a great setup for roommates or rental income. Outside, you've got a private patio and large trees that add shade and a relaxed vibe—perfect for kicking back or having friends over. Solid option whether you're looking to live in it or invest.

Investor Tools

Property Icon
$229,308
Estimated Property Value
$38,621Estimated Mortgage Balance
$190,687Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,376 /month
Positive
Cash Flow Estimate:
$459 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,877
$229,308
2025
$25,000
$210,040
$235,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,877
$229,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Unknown
$72,000
No
First
Feb 25, 2008
Mar 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,621
$190,687
83%
17%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
8.7%

City: Lubbock

3512 41st Street | Property Details | No Agent List