$112,500
3512 E Baylor Street, Lubbock, TX, 79403
$146,250 ARV
On Market
Property Lead Type:
BankruptcyMust-SellHigh EquityVacant Homes
Highlights
Interior
FlooringVinyl
Exterior
Exterior FeaturesNone
Lot Size9,358 sqft
Building Information
Year Built1963
Roof Type114
Land Information
APNR133977
Lot Number4610
SubdivisionCherry Point
Land UseResidential
Legal DescriptionCHERRY POINT L 461
Census Tract000902
Assessed Land Value$1,000
Assessed Improvement Value$90,712
Assessment Year2025
About this property
Charming 4-bedroom, 2-bath home tucked away in a quiet cul-de-sac! This home features a spacious, open layout perfect for everyday living and entertaining, plus an isolated primary suite for added privacy. Enjoy a large backyard with plenty of space to relax or host gatherings. Filled with natural light and designed for comfort. Seller is offering $2,500 in buyer concessions.
Investor Tools
$73,387Estimated Mortgage Balance
$40,613Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$146,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$684 /month
Positive
Cash Flow Estimate:
$228 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,444
$91,712
2025
$1,000
$90,712
$91,712
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,444
$91,712
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$76,000
No
First
Jun 17, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,387
$40,613
35%
64%
$456/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$456/mo
+$1,216/mo
17.6%
