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$258,000

NAL Estimated Property Value

532 N Chicago Ave, Lubbock, TX, 79416

Off MarketInfo
CommercialInfo
Beds6 Beds
Baths6 Bath
Baths2,588 Sq Ft
price_per_sqft$99.69 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,670 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces933

Land Information

APNR171441
Lot Number1030
SubdivisionFountain Wood
Land UseResidential
Legal DescriptionFOUNTAIN WOOD L 103
Census Tract000410
Assessed Land Value$17,500
Assessed Improvement Value$179,077
Assessment Year2025

About this property

Located in North Lubbock, minutes from Texas Tech University and Medical Center. 39 Duplex Buildings containing 78 Units all located together! All units are 3 Bedrooms, 3 Full Baths, 2 Car Garage. 2 Different floorplans. Turn-key staff in place and available to stay after sale or depart with sale. Individual metered electric to each unit. Roofs replaced in 2013. Tons of NEW development happening in Lubbock, TX. Great Investment Opportunity! Call today for details!

Investor Tools

Property Icon
$258,000
Estimated Property Value
$0Estimated Mortgage Balance
$258,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$40,500 /month
Positive
Cash Flow Estimate:
$13,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,955
$196,577
2025
$17,500
$179,077
$196,577
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,955
$196,577

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$258,000
100%
0%
$0/mo

City: Lubbock

532 N Chicago Ave | Property Details | No Agent List