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$126,000

NAL Estimated Property Value

505 E Tulane St, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,128 Sq Ft
price_per_sqft$114.36 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave

Exterior

Lot Size8,220 sqft

Building Information

Year Built2022
Roof Type105

Land Information

APNR108456
Lot Number13
SubdivisionClayton Carter
Land UseResidential
Legal DescriptionCLAYTON CARTER BLK 6 L 13
Census Tract000100
Assessed Land Value$12,375
Assessed Improvement Value$106,533
Assessment Year2024

About this property

New Construction rental from 2022. Renters just moved out, owner is having property touched up. Three bedrooms, Two baths. Vinyl flooring throughout. Granite countertops in kitchen and bathrooms. Fenced in back yard. Ready for new owners!

Investor Tools

Property Icon
$126,000
Estimated Property Value
$0Estimated Mortgage Balance
$126,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,179
$118,908
2024
$12,375
$106,533
$118,908
No

Tax History

Year
Tax Paid
Assessed Value
2023
$2,179
$118,908

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$126,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
13.6%

City: Lubbock

505 E Tulane St | Property Details | No Agent List