$416,000
NAL Estimated Property Value5503 Jarvis St, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
Exterior
Lot Size7,350 sqft
Building Information
Year Built2021
Roof Type105
Garage Spaces4
Land Information
APNR340373
Lot Number2360
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 236
Census Tract000409
Assessed Land Value$51,450
Assessed Improvement Value$329,411
Assessment Year2025
About this property
Perfect new construction duplex for an investor looking for their next investment property! This 6/4/4 duplex is 3/2/2 per side and 2,901 square feet total. Easy to maintain zeroscape landscaping and a popular growing area make this a perfect duplex for tenants! **Photos are of previously built duplexes, selections and colors may vary**
Investor Tools
$416,000
Estimated Property Value
$273,062Estimated Mortgage Balance
$142,938Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,977
$380,861
2025
$51,450
$329,411
$380,861
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,977
$380,861
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$296,243
No
First
Mar 30, 2022
Apr 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,062
$142,938
34%
66%
$1,777/mo
