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$145,000

4201 E 61st St, Lubbock, TX, 79403

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,067 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.9 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,952 sqft

Building Information

Year Built2020
Roof Type105

Land Information

APNR49580
Lot Number1010
SubdivisionYellow House Canyon
Land UseResidential
Legal DescriptionYELLOW HOUSE CANYON L 101
Census Tract010513
Assessed Land Value$1,125
Assessed Improvement Value$124,675
Assessment Year2025

About this property

Corner Lot Retreat with City Convenience! Enjoy the peaceful feel of being tucked away from the hustle and noise while still offering quick access to nearby highways and major routes. This inviting home features an open-concept kitchen, dining, and living area, creating an easy space for everyday living and entertaining. The main suite is privately tucked away for a relaxing retreat at the end of the day. Outside, the oversized corner lot provides a spacious backyard perfect for evening gatherings, relaxing, or enjoying the outdoors. A great combination of privacy, space, and convenience!

Investor Tools

$79,729Estimated Mortgage Balance
$46,071Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

Interested in this property?

Sarah Newton

Modern Day Living RE LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,226
$125,800
2025
$1,125
$124,675
$125,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,226
$125,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$89,925
No
First
Nov 17, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,729
$46,071
36%
63%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$540/mo
+$885/mo
13.6%

City: Lubbock