$213,000
NAL Estimated Property Value4709 Avenue C, Lubbock, TX, 79404
$272,833 ARV
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesGas Range, Refrigerator, Gas Water Heater
Exterior
Exterior FeaturesPrivate Yard, Storage
Lot Size1.11 acres
Building Information
Year Built1984
Garage Spaces2
Land Information
APNR78744
Lot Number60
SubdivisionSuburban Homes
Land UseResidential
Legal DescriptionSUBURBAN HOMES BLK 9 TR C & C1 TR D E & F
Census Tract002402
Assessed Land Value$25,000
Assessed Improvement Value$170,486
Assessment Year2025
About this property
Fantastic opportunity to own a city property on over an acre! This spacious 3-bedroom, 2-bath home boasts a 2-car garage, two inviting living areas, and a versatile bonus room complete with a hot tub. The exterior features a 720 sqft shop, a covered well water house, and an outdoor covered patio. Additionally, the property includes a well to provide water for the beautiful pecan trees. Don't miss out on this rare find! -Property is in a flood zone.
Investor Tools
$213,000
Estimated Property Value
$230,056Estimated Mortgage Balance
$213,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$272,832
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,689
$174,724
2025
$25,000
$170,486
$195,486
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,689
$174,724
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flat Branch Home Loans Inc
Fha
$234,179
Yes
First
May 7, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,056
N/A
0%
108%
$1,405/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,405/mo
+$20/mo
8.0%
