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$164,950

4431 Jarvis Street, Lubbock, TX, 79416

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.42 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size8,059 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces483

Land Information

APNR116538
Lot Number2630
SubdivisionDepauw Mclarty
Land UseResidential
Legal DescriptionDEPAUW MCLARTY L 263
Census Tract000409
Assessed Land Value$3,905
Assessed Improvement Value$125,636
Assessment Year2025

About this property

Add a strong, income-producing property to your portfolio with this well-maintained 3-bedroom, 2-bathroom home offering 1,595 sq. ft. of living space. This home is in amazing condition, featuring brand-new carpet, fresh interior paint, and a recently installed AC unit, making it a low-maintenance, turnkey investment. Currently leased to great tenants at $1,475 per month through the end of 2026, this property provides immediate cash flow and dependable rental income from day one. Located in a desirable Lubbock neighborhood, this home attracts quality tenants and offers strong long-term appreciation potential. With its recent updates and stable tenancy, this is a hassle-free investment opportunity perfect for both seasoned investors and those just starting their portfolio.

Investor Tools

$121,228Estimated Mortgage Balance
$41,772Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Michael Norsworthy

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,756
$129,541
2025
$3,905
$125,636
$129,541
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,756
$129,541

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Open End Mortgage / Open End With Future Advance Clause
$126,800
No
First
Aug 26, 2022
Aug 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,228
$41,772
25%
74%
$823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$823/mo
+$817/mo
12.1%

City: Lubbock

4431 Jarvis Street, Lubbock, TX 79416 | Property Details | No Agent List