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$365,000

NAL Estimated Property Value

5115 2nd Street, UNIT 3, Lubbock, TX, 79416

SoldInfo
7/31/26
Beds3 Beds
Baths3 Bath
Baths2,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.09 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesCourtyard, Private Yard
Lot Size5,702 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APNR110224
Lot Number65
SubdivisionWhisperwood
Land UseResidential
Legal DescriptionWHISPERWOOD L 6-B
Census Tract000411
Assessed Land Value$50,000
Assessed Improvement Value$258,022
Assessment Year2025

About this property

Beautifully updated Whisperwood townhome offering timeless style, abundant storage, and an exceptional location. The updated kitchen features quartz countertops, stainless steel appliances, and a charming breakfast nook. The dramatic living room showcases soaring ceilings, floor-to-ceiling windows with plantation shutters, custom built-in bookcases, and a cozy fireplace accented by a quaint wet bar. The spacious downstairs primary suite includes a gas log fireplace and private access to a side patio. The updated primary bath offers a jetted tub, oversized shower, double vanities, and two walk-in closets. A formal dining room overlooks the inviting front courtyard, creating the perfect setting for entertaining. Upstairs features two generously sized bedrooms, an updated full bath, and a dedicated office with built-in bookcases. Exceptional storage can be found throughout the home, including a large walk-in storage closet and multiple linen closets. Ideally located with convenient access to universities, hospitals, downtown, and premier shopping and dining.

Investor Tools

Property Icon
$365,000
Estimated Property Value
$0Estimated Mortgage Balance
$365,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,397
$308,022
2025
$50,000
$258,022
$308,022
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,397
$308,022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$365,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$250/mo
+$1,670/mo
6.3%

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.

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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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5115 2nd Street, UNIT 3 | Property Details | No Agent List