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$124,000

NAL Estimated Property Value

4605 46th Street, Lubbock, TX, 79413

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,128 Sq Ft
price_per_sqft$69.59 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDisposal, Dishwasher, Water Softener, Water Softener Owned
FlooringHardwood

Exterior

Exterior FeaturesOther
Lot Size7,650 sqft

Building Information

Year Built1958
Roof Type105

Land Information

APNR130235
Lot Number224
SubdivisionMcculloch
Land UseResidential
Legal DescriptionMCCULLOCH L 224
Census Tract001806
Assessed Land Value$20,000
Assessed Improvement Value$86,438
Assessment Year2025

About this property

Very cute 3 bedroom!! Clean and well maintained!! Updates include new roof as of July 06', new HVAC Unit August 06', Ceramic tile in bathroom December 06', Linoleum in kitchen/dinning areas March 07'. New tall fence in backyard February 12', new carport January 12', new hot water heater April 15!! Nice wood floors in bedrooms! Pretty stained glass window in bathroom!! Huge backyard with two patio areas!! Cute wine and bottle accent off one patio out back. Nice mature pine trees, large shed/workshop with electricity, heater, and fan!! Dog run! Perfect starter home or great for investing!! Do not miss out on this one!!

Investor Tools

Property Icon
$124,000
Estimated Property Value
$63,869Estimated Mortgage Balance
$60,131Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$744 /month
Positive
Cash Flow Estimate:
$248 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$853
$103,429
2025
$20,000
$86,438
$106,438
No

Tax History

Year
Tax Paid
Assessed Value
2024
$853
$103,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$65,000
No
First
Aug 26, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,869
$60,131
48%
52%
$444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$444/mo
+$981/mo
13.8%

Learn About the Market: Opportunity in Texas

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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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4605 46th Street | Property Details | No Agent List