Last 24 Hours
$104,000
NAL Estimated Property Value4802 Detroit Ave, Lubbock, TX, 79413
Off Market
2 Beds
1 Bath
796 Sq Ft
Single Family Residence
$55.28 / sqft
Built in 1953Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating
CoolingExterior
Lot Size7,800 sqft
Building Information
Year Built1953
Roof Type105
Land Information
APNR81575
Lot Number1
SubdivisionModern Manors Resub
Land UseResidential
Legal DescriptionMODERN MANORS RES BLK 26 L 1
Census Tract002002
Assessed Land Value$21,500
Assessed Improvement Value$67,525
Assessment Year2025
About this property
Wonderful Modern Manor home with tons of potential! Cozy manor home with open kitchen and dining area, front living room, hall bathroom, large backyard, with 1 carport and storage area. Just needs your TLC to make it shine!
Investor Tools
$104,000
Estimated Property Value
$88,208Estimated Mortgage Balance
$15,792Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$624 /month
Positive
Cash Flow Estimate:
$208 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$829
$89,025
2025
$21,500
$67,525
$89,025
No
Tax History
Year
Tax Paid
Assessed Value
2024
$829
$89,025
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$95,000
No
First
Jul 29, 2022
Aug 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,208
$15,792
15%
85%
$570/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,190/mo
$570/mo
+$620/mo
13.7%
12.4%