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$385,000

5508 Itasca Street, Lubbock, TX, 79416

$407,024 ARVInfo
On MarketInfo
Beds6 Beds
Baths6 Bath
Baths3,079 Sq Ft
DuplexDuplex
price_per_sqft$125.04 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave

Exterior

Lot Size7,350 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces4

Land Information

APNR337367
Lot Number1700
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 170
Census Tract000409
Assessed Land Value$51,450
Assessed Improvement Value$329,411
Assessment Year2025

About this property

This duplex is ready for a new owner! Whether you are a seasoned investor looking to add to your portfolio or someone looking to start an investment portfolio, this home could be for you! The bright and spacious interior make it a great place to live or rent out. Please note the pictures show Unit A when it was vacant. Unit B looks the same.

Investor Tools

$0Estimated Mortgage Balance
$380,861Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$407,024
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Han Li

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/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
$380,861
100%
0%
$0/mo

City: Lubbock