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$265,000

NAL Estimated Property Value

5307 73rd Street, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,175 Sq Ft
price_per_sqft$114.48 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size8,948 sqft

Building Information

Year Built1978
Roof Type105
Garage Spaces3

Land Information

APNR59140
Lot Number290
SubdivisionMesa Park
Land UseResidential
Legal DescriptionMESA PARK L 29
Census Tract001712
Assessed Land Value$16,500
Assessed Improvement Value$200,994
Assessment Year2025

About this property

Great property to add to your portfolio in Lubbock, Texas. This well maintained duplex offers a total of 4 bedrooms and 4 bathrooms, with each unit featuring 2 bedrooms and 2 full bathrooms. The layout provides comfortable living space for tenants while offering a strong investment opportunity. The property includes a rare 3 car garage setup with a 1 car garage for Unit A and a 2 car garage for Unit B, giving tenants valuable parking and storage space. The exterior features classic brick construction, mature trees, and a spacious driveway area that adds to the property's curb appeal and functionality. Both units are currently occupied, providing immediate rental income for the next owner. Each unit offers a practical floor plan with private living space, making it attractive for long term tenants. The solid brick exterior provides durability and low maintenance, while the established neighborhood setting adds to the overall appeal. Conveniently located in Lubbock with easy access to shopping, dining, and local amenities. This duplex is a great opportunity for investors looking for a dependable rental property.

Investor Tools

Property Icon
$265,000
Estimated Property Value
$0Estimated Mortgage Balance
$265,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,949
$217,494
2025
$16,500
$200,994
$217,494
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,949
$217,494

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,000
100%
0%
$0/mo

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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5307 73rd Street | Property Details | No Agent List