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$180,000

5512 Queens St, Lubbock, TX, 79416

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.93 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size4,400 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces1

Land Information

APNR350253
SubdivisionLincoln 16
Land UseSingle Family Residential
Legal DescriptionLINCOLN 16 L 392A
Census Tract000409
Assessed Land Value$21,560
Assessed Improvement Value$122,695
Assessment Year2025

About this property

Built in 2024, this fresh and modern home offers the peace of mind that comes with nearly-new construction, so you can settle in without a worry. Inside, a bright, open kitchen steals the show with crisp white cabinetry, granite countertops, stainless steel appliances, and wood-look vinyl flooring that runs throughout the living space. Clean lines and a light, neutral palette make the home feel airy and easy to make your own. With 2 bedrooms, 2 full baths, and a 1-car garage packed into a smart, efficient 1,006-square-foot layout, there's no wasted space here. Out back, a fully fenced yard gives you room to relax, garden, or entertain, with a low-maintenance blank slate ready for your personal touch. Out front, easy-care xeriscaping means more weekends enjoying your home and fewer spent maintaining it. Whether you're a young couple buying your first home, an investor looking for a turnkey rental, or a parent securing a smart place for a college student, 5522 Queens St checks every box. Affordable, low-maintenance, and practically new. Come see it today!

Investor Tools

Property Icon
$191,000
Estimated Property Value
$130,932Estimated Mortgage Balance
$64,569Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

Interested in this property?

Hillary Martin

Avenue Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$763
$144,255
2025
$21,560
$122,695
$144,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$763
$144,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$130,932
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,836
$51,164
28%
66%
$786/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
$786/mo
+$384/mo
7.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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5512 Queens St | Property Details | No Agent List