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$263,000

NAL Estimated Property Value

520 N Chicago Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,740 Sq Ft
price_per_sqft$71.17 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Exterior

Lot Size7,800 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces954

Land Information

APNR171447
Lot Number1090
SubdivisionFountain Wood
Land UseResidential
Legal DescriptionFOUNTAIN WOOD L 109
Census Tract000410
Assessed Land Value$17,500
Assessed Improvement Value$219,291
Assessment Year2025

About this property

This went under contract the first day it went on the market but the buyer decided to buy a different duplex we have on another block so this one is available again along with 6 others. We sold 5 of these in the first week. Located close to all the new shopping, restaurants, medical district and Texas Tech you will find this duplex along with the possibility of 6 more. We are able to sell them individually or in a package. If you even want more we can find you more. These duplexes were design with each bedroom having access to its own bathroom. Tile flooring in the living, kitchen and bathrooms, carpet in the bedrooms which makes it easier to replace just one bedroom if necessary. Kitchen opens up to the living area. Each unit comes with stove and refrigerator. Some are front garage entry and some are rear garage entry. Small patio and yard. All of them are 3 bedrooms and 3 bathrooms and a 2 car garage.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$129,933Estimated Mortgage Balance
$133,067Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,733
$236,791
2025
$17,500
$219,291
$236,791
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,733
$236,791

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Infinity Mortgage Holdings Llc
Conventional
$146,250
No
First
Aug 10, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,933
$133,067
50%
49%
$877/mo

City: Lubbock

520 N Chicago Ave | Property Details | No Agent List