$180,000
NAL Estimated Property Value4810 Detroit Ave, Lubbock, TX, 79413
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal
FlooringCarpet, Tile
Exterior
Lot Size8,190 sqft
Building Information
Year Built1939
Roof Type105
Garage Spaces1
Land Information
APNR81679
Lot Number5
SubdivisionModern Manors Resub
Land UseResidential
Legal DescriptionMODERN MANORS RES BLK 26 L 5
Census Tract002002
Assessed Land Value$21,500
Assessed Improvement Value$144,634
Assessment Year2025
About this property
Have a look at this nice 2 bedroom 1 and a half bath home conveniently located in Modern Manors. The exterior has full steel siding wrap for no maintenance or exterior upkeep. An enclosed 1 car garage makes for a great office or bonus room. Come see it today.
Investor Tools
$180,000
Estimated Property Value
$155,889Estimated Mortgage Balance
$24,111Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,200
$166,134
2025
$21,500
$144,634
$166,134
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,200
$166,134
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$169,750
No
First
Jan 13, 2022
Feb 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,889
$24,111
13%
87%
$1,018/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,018/mo
+$942/mo
13.1%
