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$299,900

3615 47th Street, Lubbock, TX, 79413

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,713 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.54 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Disposal, Dishwasher, Electric Oven, Microwave, Oven, Range, Range Hood, Washer, Washer/Dryer, Gas Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesAwning(s), Dog Run, Lighting, Private Entrance, Storage
Lot Size9,000 sqft

Building Information

Year Built1957
Roof Type105

Land Information

APNR99825
Lot Number59
SubdivisionMurryhill
Land UseResidential
Legal DescriptionMURRYHILL L 59 & W8'OF 58
Census Tract001906
Assessed Land Value$32,300
Assessed Improvement Value$182,700
Assessment Year2025

About this property

Marvelous mid-century modern house in the Maedgen district available for the first time in over 25 years! Fans of the area will instantly recognize this house as a staple of the block and neighborhood for over half a century, and now it is available to bring happiness and togetherness for a new set of owners. You are immediately greeted by the updated facia, circle driveway for extra parking, and established landscaping. Inside, you will get an immediate feeling of an updated house that has been able to keep the charm of when it was first built. Multiple eating and gathering areas adorn the house completed with a heated and cooled, large, enclosed sunroom perfect for plants. The main bedroom is isolated and boasts an excellent dressing and vanity area. A beverage station has been built into the main suite for easy access to coffee or cold storage for medicine. The second bedroom has an attached bathroom perfect for guests or anyone that needs their own space. The hallway bathroom has been expertly updated to match the aesthetic of the rest of the house. In addition to the three bedrooms, this house also has professionally converted game room in the front, perfect for any hobby and out of the way. The backyard hosts a dog run, artificial turf, and a massive shed for storage or as workshop. This home has been loved by the same family for decades, now it is time for the next owners to love it. Located within minutes of everything in town, it would also be a perfect short-term rental with CHARM! If you are a MCM fan, this is the ONE! Schedule a private tour today and see how much this house can offer you!

Investor Tools

$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,834
$215,000
2025
$32,300
$182,700
$215,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,834
$215,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
6.2%

City: Lubbock

3615 47th Street | Property Details | No Agent List