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$124,665

NAL Estimated Property Value

5123 38th St, Lubbock, TX, 79414

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 1954

Highlights

Interior

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

Exterior

Exterior FeaturesNone
Lot Size8,925 sqft

Building Information

Year Built1954
Roof Type105
Garage Spaces252

Land Information

APNR103921
Lot Number80
SubdivisionHillcrest
Land UseResidential
Legal DescriptionHILLCREST BLK 20 W70'OF L 6
Census Tract001805
Assessed Land Value$23,000
Assessed Improvement Value$101,665
Assessment Year2025

About this property

Welcome to this beautiful 3 bedroom 1.5 bathroom home in a great location. This property is now available for rent at $1,100 per month with a $550 deposit. This home provides 1170 square feet of living space, and a one car garage.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,708
$124,665
2025
$23,000
$101,665
$124,665
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,708
$124,665

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,665
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
13.7%

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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5123 38th St | Property Details | No Agent List