Last 24 Hours
$140,000
NAL Estimated Property Value3806 50th Street, Lubbock, TX, 79413
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size2,408 sqft
Building Information
Year Built1964
Land Information
APNR123974
Lot Number20060
SubdivisionMurryhill
Land UseResidential
Legal DescriptionMURRYHILL L197 THRU 200 & W60' OF 196 BOARDWALK CONDO BLD B UNIT 6
Census Tract001906
Assessed Land Value$12,040
Assessed Improvement Value$42,960
Assessment Year2025
About this property
13 fully occupied retail condos located in central Lubbock, great tenant base made up of mostly long term occupants. Great income with even more potential!
Investor Tools
$140,000
Estimated Property Value
$41,740Estimated Mortgage Balance
$98,260Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,471
$55,000
2025
$12,040
$42,960
$55,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,471
$55,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Unknown
$52,000
No
First
Dec 2, 2016
Dec 2031
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,740
$98,260
70%
30%
$312/mo
12.4%