Last 24 Hours
$2,904,990
NAL Estimated Property Value5502 Auburn Street, Lubbock, TX, 79416
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —FlooringCeramic Tile, Carpet
Exterior
Lot Size5.94 acres
Building Information
Year Built2003
Land Information
APNR169548
SubdivisionLight Of The World
Land UseOther / Unknown
Legal DescriptionLIGHT OF THE WORLD TR A
Census Tract000410
Assessed Land Value$53,460
Assessed Improvement Value$2,851,530
Assessment Year2025
About this property
Great Opportunity!! Lots of options with this 5.94 acres. Multi-purpose corner lot west of Renaissance apartments and north of the Alamo Draft House and Restaurants in the heart of the current commercial activity. This property offers 9660 Sq.Ft office building (Pals Developmental Center), 5000 Sq.Ft. Paving Asphalt.
Investor Tools
$2,904,990
Estimated Property Value
$0Estimated Mortgage Balance
$2,904,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,430 /month
Positive
Cash Flow Estimate:
$5,810 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,210/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$2,904,990
2025
$53,460
$2,851,530
$2,904,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$2,904,990
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,904,990
100%
0%
$0/mo
12.4%