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$214,000

NAL Estimated Property Value

523 N Iola Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.45 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,500 sqft

Building Information

Year Built2002
Roof Type105
Garage Spaces2

Land Information

APNR166501
Lot Number3830
SubdivisionShadow Hills
Land UseResidential
Legal DescriptionSHADOW HILLS L 383
Census Tract010417
Assessed Land Value$9,000
Assessed Improvement Value$199,274
Assessment Year2025

About this property

Charming 3/2/2 home located in the quiet neighborhood of Shadow Hills. You'll find a spacious living room, kitchen and eating area. Three spacious bedrooms with great natural light and abundant storage space. You'll also find a wonderful flex space right off of the kitchen! The backyard features an 8 ft privacy fence and a covered patio. More updates include a new roof, new inside and outside HVAC system, new water heater and new tile. Don't miss your chance to see it today!

Investor Tools

Property Icon
$214,000
Estimated Property Value
$0Estimated Mortgage Balance
$214,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,531
$208,274
2025
$9,000
$199,274
$208,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,531
$208,274

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$214,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
9.2%

City: Lubbock

523 N Iola Ave | Property Details | No Agent List