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$189,000

5114 71st St, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.59 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size9,900 sqft

Building Information

Year Built1978
Roof Type105
Garage Spaces2

Land Information

APNR68150
Lot Number2600
SubdivisionSpanish Oaks
Land UseResidential
Legal DescriptionSPANISH OAKS L 260
Census Tract001804
Assessed Land Value$9,750
Assessed Improvement Value$152,103
Assessment Year2025

About this property

Look no further than this Lubbock gem that won't last long! Tucked away in a peaceful cul-de-sac, this home offers standout curb appeal and a full list of updates that make it truly unbeatable at this price point. With a great fireplace and built in bookshelves this home has so much to offer. Enjoy beautifully updated bathrooms, new countertops in both the kitchen and baths, fresh cabinet doors, brand new flooring with plush carpet, fresh interior paint, and stylish updated light fixtures throughout. The big ticket items are done too, offering a new roof, new fence, and so much more. All of this UNDER $200,000. Homes like this don't come around often...don't miss your chance to make this Lubbock treasure yours!

Investor Tools

Property Icon
$189,000
Estimated Property Value
$0Estimated Mortgage Balance
$189,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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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
$2,910
$161,853
2025
$9,750
$152,103
$161,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,910
$161,853

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$189,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
9.1%

Learn About the Market: Opportunity in Texas

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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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5114 71st St | Property Details | No Agent List