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$234,000

4825 24th Street, Lubbock, TX, 79407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,930 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.24 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesPrivate Yard
Lot Size10,500 sqft

Building Information

Year Built1956
Roof Type105
Garage Spaces2

Land Information

APNR105884
Lot Number690
SubdivisionBobalet Heights
Land UseResidential
Legal DescriptionBOBALET HTS L 69A
Census Tract001601
Assessed Land Value$40,000
Assessed Improvement Value$111,727
Assessment Year2025

About this property

Welcome to 4825 24th Street — a charming home located in an established neighborhood in Lubbock. This inviting property offers a functional layout with comfortable living spaces and plenty of potential for homeowners or investors alike. Step inside to a spacious living area filled with natural light, creating a warm and welcoming atmosphere. The kitchen offers ample cabinet storage and workspace, flowing easily into the dining area for everyday meals or entertaining guests. Generously sized bedrooms provide flexibility for family, guests, or a home office. Outside, the backyard offers room to relax, entertain, or create your own outdoor retreat. Conveniently located near shopping, dining, parks, and just a short drive from Texas Tech University, this home combines comfort with a highly accessible location. Whether you're looking for your next home or a great investment opportunity, 4825 24th Street is full of potential. Schedule your private showing today!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$0Estimated Mortgage Balance
$126,389Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

Interested in this property?

Jessica Reynolds

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,572
$151,727
2025
$40,000
$111,727
$151,727
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,572
$151,727

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Open End Mortgage / Open End With Future Advance Clause
$132,750
No
First
Jun 30, 2025
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,611
$126,389
49%
51%
$796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$796/mo
+$629/mo
6.7%

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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4825 24th Street | Property Details | No Agent List