$258,000
NAL Estimated Property Value529 N Chicago Ave, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Exterior
Lot Size6,720 sqft
Building Information
Year Built2003
Roof Type105
Garage Spaces933
Land Information
APNR171435
Lot Number970
SubdivisionFountain Wood
Land UseResidential
Legal DescriptionFOUNTAIN WOOD L 97
Census Tract000410
Assessed Land Value$17,500
Assessed Improvement Value$228,777
Assessment Year2025
About this property
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. This one is a front car entry. Located close to Texas Tech and the Medical district.
Investor Tools
$258,000
Estimated Property Value
$130,461Estimated Mortgage Balance
$127,539Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,528
$246,277
2025
$17,500
$228,777
$246,277
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,528
$246,277
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstcapital Bank Of Texas Na
Conventional
$146,250
No
First
Oct 13, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,461
$127,539
49%
51%
$877/mo
