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$224,900

4517 39th St, Lubbock, TX, 79414

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.1 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Electric Range, Microwave, Range Hood, Stainless Steel Appliance(s)
FlooringCarpet, Luxury Vinyl, Tile

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size8,438 sqft

Building Information

Year Built1954
Roof Type105
Garage Spaces2

Land Information

APNR43572
Lot Number60
SubdivisionCollege Heights
Land UseResidential
Legal DescriptionCOLLEGE HTS BLK 21 E50'OF L 5
Census Tract001806
Assessed Land Value$23,000
Assessed Improvement Value$139,000
Assessment Year2025

About this property

This stunning 3-bedroom, 2.5-bathroom home has been completely renovated with style and attention to detail. Updates include two brand-new bathrooms, luxury vinyl plank flooring, fresh paint, and thoughtfully curated finishes throughout. Roof replaced in 2026. The primary suite offers added comfort with its own dedicated HVAC system. Step outside and unwind on the peaceful balcony while taking in breathtaking West Texas sunsets. The property also features a detached two-car garage AND an insulated, air-conditioned flex room—perfect for a home office, gym or studio, A truly distinctive home that blends modern updates with exceptional character. Contact your trusted Real Estate Professional today to schedule your private tour.

Investor Tools

$133,470Estimated Mortgage Balance
$37,530Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,349 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Omar Mora

Exit Realty of Lubbock

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,866
$162,000
2025
$23,000
$139,000
$162,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,866
$162,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Open End Mortgage / Open End With Future Advance Clause
$144,800
No
First
Jun 30, 2022
Jul 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,470
$37,530
21%
78%
$869/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$869/mo
+$556/mo
10.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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4517 39th St | Property Details | No Agent List