$227,000
NAL Estimated Property Value4808 Fordham St, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesRange, Dishwasher, Free-Standing Range, Microwave
Exterior
Lot Size5,250 sqft
Building Information
Year Built2005
Roof Type105
Garage Spaces2
Land Information
APNR302095
Lot Number2850
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 285
Census Tract000409
Assessed Land Value$15,750
Assessed Improvement Value$190,584
Assessment Year2025
About this property
UPDATED 3/2/2 Home! As you enter this charming home, you will appreciate the spacious living room with high ceiling, updated flooring & fireplace. Kitchen offers large breakfast bar & abundant storage. Spacious master bedroom offers bathroom with double vanities, separate tub & shower plus walk-in closet. Light & bright plus warm colors throughout. Just minutes from Tech, LCU, Wayland Baptist & medical district.
Investor Tools
$227,000
Estimated Property Value
$139,751Estimated Mortgage Balance
$87,249Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,173
$206,334
2025
$15,750
$190,584
$206,334
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,173
$206,334
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Unknown
$157,946
No
First
Jun 15, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,751
$87,249
38%
62%
$947/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$947/mo
+$693/mo
8.7%
