$451,000
NAL Estimated Property Value5506 Itasca St, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Exterior
Lot Size7,350 sqft
Building Information
Year Built2021
Roof Type105
Garage Spaces4
Land Information
APNR337366
Lot Number1690
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 169
Census Tract000409
Assessed Land Value$51,450
Assessed Improvement Value$329,411
Assessment Year2025
About this property
Welcome to the Luxury duplex build by Lincoln Northwest Group LLC in Lincoln 16! This is a fast growing neighborhood close to TTU and medical field. It is prefect for homeowner and investors. You will appreciate the details such as turf in the front yard and vinyl plank though out the house. Estimate completion by May 2021!
Investor Tools
$451,000
Estimated Property Value
$0Estimated Mortgage Balance
$451,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,706 /month
Positive
Cash Flow Estimate:
$902 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$769/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
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$451,000
100%
0%
$0/mo
