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$128,000

NAL Estimated Property Value

4614 Erskine St, Lubbock, TX, 79416

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths982 Sq Ft
price_per_sqft$75.87 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringTile

Exterior

Lot Size6,243 sqft

Building Information

Year Built1992
Roof Type105
Garage Spaces1

Land Information

APNR122759
Lot Number4730
SubdivisionDepauw Mclarty
Land UseResidential
Legal DescriptionDEPAUW MCLARTY E55'OF L 473
Census Tract000409
Assessed Land Value$3,025
Assessed Improvement Value$95,622
Assessment Year2025

About this property

Sold before Issue

Investor Tools

Property Icon
$128,000
Estimated Property Value
$58,210Estimated Mortgage Balance
$69,790Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,830
$98,647
2025
$3,025
$95,622
$98,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,830
$98,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstcapital Bank Of Texas Na
Open End Mortgage / Open End With Future Advance Clause
$67,050
No
First
Sep 18, 2019
Sep 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,210
$69,790
54%
45%
$402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
$402/mo
+$768/mo
11.0%

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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4614 Erskine St | Property Details | No Agent List