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$168,000

5108 45th Street, Lubbock, TX, 79414

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,355 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.99 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesRain Gutters
Lot Size8,039 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APNR78428
Lot Number2140
SubdivisionKuykendall Heights
Land UseResidential
Legal DescriptionKUYKENDALL HTS W61'OF L 235 & E2.5'OF 236
Census Tract001805
Assessed Land Value$23,000
Assessed Improvement Value$140,888
Assessment Year2025

About this property

Welcome to 5108 45th Street, a versatile and well-maintained home offering flexible living spaces and a functional layout in a convenient Lubbock location. This 3-bedroom, 1-bath property features a spacious open-concept living and dining area that creates an inviting atmosphere for everyday living and entertaining. Two additional flex spaces provide endless possibilities for a home office, playroom, hobby room, workout area, or second living space to fit your needs. The kitchen offers ample cabinet and countertop space, while the generously sized laundry room adds extra convenience and storage. Neutral paint colors, updated flooring, and abundant natural light create a warm and welcoming feel throughout the home. Step outside to enjoy the spacious backyard, complete with a storage shed and plenty of room for outdoor activities, gardening, pets, or future improvements. Conveniently located near shopping, dining, parks, and schools, this property offers flexibility, functionality, and value all in one package.

Investor Tools

$114,935Estimated Mortgage Balance
$48,953Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

Interested in this property?

Han Li

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,900
$163,888
2025
$23,000
$140,888
$163,888
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,900
$163,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$120,000
No
First
Feb 23, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,935
$48,953
29%
70%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$720/mo
+$705/mo
10.4%

City: Lubbock

5108 45th Street, Lubbock, TX 79414 | Property Details | No Agent List