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$215,000

5305 13th Street, Lubbock, TX, 79416

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.88 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size10,238 sqft

Building Information

Year Built1962
Roof Type105
Garage Spaces2

Land Information

APNR96888
Lot Number4220
SubdivisionAlford Terrace
Land UseResidential
Legal DescriptionALFORD TERRACE L 422
Census Tract000402
Assessed Land Value$32,000
Assessed Improvement Value$170,650
Assessment Year2025

About this property

Cute, cozy, and surprisingly spacious! This adorable 3-bedroom, 2 bath charmer also features a BONUS flex room with a closet - perfect as a fourth bedroom, home office, game room or guest space. Enjoy a spacious fenced backyard with a detached garage- perfect for extra storage, a workshop or a gym setup. The backyard is ideal for Airbnb entertaining, summer hangouts, pets or future projects. This is perfect for first time home buyers, college students wanting to live near Tech or LCU or investors seeing a great Airbnb or rental - whatever your plans - this home checks the boxes. Easy to maintain, cute curb appeal and endless hosting potential. Perfectly positioned for steady cash flow. Whether you are first-time homeowner, college students or investors, this property offers flexibility, affordability and endless potential.

Investor Tools

$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Jason Wood

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,344
$202,650
2025
$32,000
$170,650
$202,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,344
$202,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
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%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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