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$221,826

NAL Estimated Property Value

4625 Fordham St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,685 Sq Ft
price_per_sqft$91.99 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave, Range
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,832 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces2

Land Information

APNR122265
Lot Number4550
SubdivisionDepauw Mclarty
Land UseResidential
Legal DescriptionDEPAUW MCLARTY L 455
Census Tract000409
Assessed Land Value$3,795
Assessed Improvement Value$218,031
Assessment Year2025

About this property

Beautiful quiet neighborhood. Close to Texas Tech University & all the hospitals. Enjoy a new cooling unit installed in 2019. New 2019 water heater, new 2019 water system, new 2019 Dishwasher and new roof before closing.

Investor Tools

Property Icon
$221,826
Estimated Property Value
$106,858Estimated Mortgage Balance
$114,968Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,331 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,687
$221,826
2025
$3,795
$218,031
$221,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,687
$221,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Inc
Conventional
$119,311
No
First
Dec 23, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,858
$114,968
51%
48%
$716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$716/mo
+$924/mo
8.9%

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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4625 Fordham St | Property Details | No Agent List