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$424,000

NAL Estimated Property Value

5507 Jarvis St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,901 Sq Ft
price_per_sqft$137.88 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave

Exterior

Lot Size7,350 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces4

Land Information

APNR340371
Lot Number2340
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 234
Census Tract000409
Assessed Land Value$51,450
Assessed Improvement Value$310,368
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

Property Icon
$424,000
Estimated Property Value
$276,518Estimated Mortgage Balance
$147,482Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,977
$361,818
2025
$51,450
$310,368
$361,818
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,977
$361,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$299,992
No
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,518
$147,482
34%
65%
$1,799/mo

City: Lubbock

5507 Jarvis St | Property Details | No Agent List