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$175,000

NAL Estimated Property Value

4310 Chicago Ave, Lubbock, TX, 79414

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,887 Sq Ft
price_per_sqft$52.46 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop
FlooringCarpet, Vinyl

Exterior

Lot Size9,450 sqft

Building Information

Year Built1964
Roof Type105

Land Information

APNR59411
Lot Number4
SubdivisionWestmoreland
Land UseResidential
Legal DescriptionWESTMORELAND BLK 3 L 4
Census Tract001709
Assessed Land Value$24,100
Assessed Improvement Value$133,362
Assessment Year2025

About this property

Updated 4 Bedroom, 2 Bath in Central Lubbock! Spacious Living Room with Vault Ceiling. Isolated Master Suite with 2 Walk in Closets! Open Floorplan with Updates that include vinyl flooring in common area, new carpet in bedrooms, new hot water heater, new fence, some new paint, new oven, new dishwasher, new sink, and water and sewer lines have been replaced to the alley. Washer/dryer is included with purchase. Nice shed in back yard. Close to the mall & lots of shopping and restaurants. Just off Marsha Sharp Freeway so it's only 5 minutes from Texas Tech campus and Lubbock Christian University. Income potential up to $1,200. per month if used for rental. Come Check it out for yourself! Seller says get it sold!! Bring us an offer.

Investor Tools

Property Icon
$175,000
Estimated Property Value
$78,835Estimated Mortgage Balance
$96,165Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,768
$157,462
2025
$24,100
$133,362
$157,462
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,768
$157,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Lenders Of America Llc
Fha
$97,206
Yes
First
Apr 26, 2017
May 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,835
$96,165
54%
45%
$583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$583/mo
+$1,089/mo
11.5%

City: Lubbock

4310 Chicago Ave | Property Details | No Agent List