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$205,000

NAL Estimated Property Value

5511 Itasca St, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,348 Sq Ft
price_per_sqft$177.89 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave

Exterior

Lot Size4,294 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR337358
Lot Number1610
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 161
Census Tract000409
Assessed Land Value$30,058
Assessed Improvement Value$153,381
Assessment Year2025

About this property

This townhome features 4 bedrooms and 4 bathrooms with modern finishes. The open concept living and dining room promotes inclusiveness within the residence. Whoever's turn it is to cook won't feel left out while the rest of the occupants watch TV in the living room. This townhome is 4 minutes from Alamo Draft House, 5 minutes from Walmart, 6 minutes from a Tru Fit gym, and 13 minutes from Texas Tech. Overall, the interior spaciousness and convenient location make this townhome a great place to call home. Schedule your showing today!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$0Estimated Mortgage Balance
$205,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,553
$183,439
2025
$30,058
$153,381
$183,439
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,553
$183,439

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$205,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
9.6%

City: Lubbock

5511 Itasca St | Property Details | No Agent List