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$201,000

NAL Estimated Property Value

508 N Durham Ave, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,714 Sq Ft
price_per_sqft$69.95 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Disposal, Free-Standing Range

Exterior

Lot Size6,900 sqft

Building Information

Year Built1977
Roof Type105
Garage Spaces2

Land Information

APNR116333
Lot Number110
SubdivisionHorizon West
Land UseResidential
Legal DescriptionHORIZON WEST L 11
Census Tract000410
Assessed Land Value$5,100
Assessed Improvement Value$163,351
Assessment Year2025

About this property

Great house for those needing lots of space. Home has been recently painted and has new carpet. Includes stove, refrigerator, dishwasher, microwave, disposal, and full-size washer & dryer. Nice backyard with covered patio and storage shed, sprinkler system. On quiet cul-de-sac street in Lubbock ISD, and very convenient to universities, medical district, Loop 289. Ready now.

Investor Tools

Property Icon
$201,000
Estimated Property Value
$0Estimated Mortgage Balance
$201,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,059
$168,451
2025
$5,100
$163,351
$168,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,059
$168,451

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$201,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
N/A
+$1,920/mo
11.5%

City: Lubbock

508 N Durham Ave | Property Details | No Agent List