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$111,000

NAL Estimated Property Value

4308 E 62nd St, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.96 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,200 sqft

Building Information

Year Built1953

Land Information

APNR76787
Lot Number1640
SubdivisionYellow House Canyon
Land UseResidential
Legal DescriptionYELLOW HOUSE CANYON L 164
Census Tract010513
Assessed Land Value$900
Assessed Improvement Value$65,253
Assessment Year2025

About this property

Cozy living on a large lot!! With amazing views your morning coffee will never get old. This 3-bedroom 1-bath home has been updated with new paint, luxury vinyl flooring, all new water lines, counters and counter tops, washer/dryer hookups, and HVAC. Perfect for first time home buyers and investors. Situated on 2 lots allows opportunity to grow and provides all the room you need to enjoy those West Texas sunrises.

Investor Tools

Property Icon
$111,000
Estimated Property Value
$84,971Estimated Mortgage Balance
$26,029Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$666 /month
Positive
Cash Flow Estimate:
$222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,289
$66,153
2025
$900
$65,253
$66,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,289
$66,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$87,300
No
First
Nov 27, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,971
$26,029
23%
77%
$524/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$524/mo
+$901/mo
15.4%

City: Lubbock

4308 E 62nd St | Property Details | No Agent List