$232,000
NAL Estimated Property Value510 N Kirby Ave, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Water Purifier, Water Purifier Owned
FlooringCarpet, Tile
Exterior
Lot Size8,437 sqft
Building Information
Year Built2005
Roof Type105
Garage Spaces2
Land Information
APNR301807
Lot Number4380
SubdivisionShadow Hills
Land UseResidential
Legal DescriptionSHADOW HILLS L 438
Census Tract010417
Assessed Land Value$12,656
Assessed Improvement Value$169,219
Assessment Year2025
About this property
Shadow Hills Subdivision -- Great home adjacent to Shadow Hills. The home features large rooms with major upgrades, including HVAC (still under warranty) and roof. Condition is very good, location is convenient to Tech, UMC, and Medical. Priced in the market and ready for new owner.
Investor Tools
$232,000
Estimated Property Value
$113,715Estimated Mortgage Balance
$118,285Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /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
$3,145
$181,875
2025
$12,656
$169,219
$181,875
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,145
$181,875
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$144,337
Yes
First
May 26, 2016
Jun 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,715
$118,285
50%
49%
$866/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$866/mo
+$774/mo
8.5%
